Originally Posted by stevens397
In terms of the air tickets, as I said in my original posting, I purchased coach tickets and only used points to upgrade to first class. As the coach tickets were $850 and the first class was $2,450, that saved me $1,600 per ticket - times two for my wife. $3,200 divided by 60,000 points is indeed 5.333 cents per point. The Princeville hotel was worth just under 5 cents based on the price for the hotel on their website. As a Starwood Platinum, I expect to get a room that will be worth significantly more.
Why don't you use the miles for F tickets to Europe? Then those hotel points will be worth 20 cents apiece since F tickets to Europe are $10k!! And I'm sure there's a hotel over there somewhere with a 699 Euro price tag printed on the back of the door...that makes 'em worth even more! In fact, I'll cut you a sweetheart deal and sell you all of my Starpoints for 8 cents each. Since MR points are worth a lot less, I'll let those go for 3 cents each...