Originally Posted by
lsquare
I'm not sure if the devaluation and the inflation we're all experiencing go hand in hand. Are the cash rates going up as well? Why are some properties going down one category then? It seems like the category realignment is arbitrary.
Cash rates are going up, particularly for luxury hotels, much much more than the rate of inflation. Alila Ventana Big Sur hotel prices basically doubled (+$1,000) in a year. Point values in those situations must adjust.