Originally Posted by
Concerto
But how can there be any more devaluation? The program is already so devaluated that it almost makes no sense to join it and use it nowadays. It's now almost impossible to get any reasonable value out of points use so any further enhancements would just kill it off completely. You're better off, if you really want to stay in Hilton hotels, getting discounts from OTAs and other sources.
I'm not sure why you say this. From your trip reports, you tend to stay at similar hotels to me, i.e. not the WA Maldives, and at the moment I am still finding good uses for my points around the 20k to 30k level. These are hotels I would be happy to pay around £75-£100 per night, but often they charge £150-£200. So it tends to work out at over 0.5p per point of "value" and around 0.3-0.4p per point of true value, not especially great but I consider that I acquire points for 0.25p so it's still profitable.
I'm not getting £1000 nights for 95k points, but I wouldn't even pay £300 for them, so it doesn't matter to me if they become 200k points.
But a devaluation of 20k hotels to 30k is certainly possible, which would make the value proposition start to become marginal for me.