Originally Posted by
cubeman
I've noticed both points and cash rates plummeting now. I have a points stay booked for Maldives at Ritz it dropped 30k points in Sept, then for cash upcoming this weekend my stay upstate NY at an autograph went from $900 to the weekend to $500. I think we're witnessing a correction/slow down in the travel market now. Or we're just catching a small slow-down before it ramps up.
I was thinking the same. I just got a cash upgrade offer from a HH resort in Asia to upgrade from a bog-standard room to a premium albeit unpreferred suite category for US$50/night (before tax and service charge). Very doubtful I'd have gotten a Diamond upgrade to that category judging from previous recent upgrade reports on that property's thread in the HH sub-forum.