Originally Posted by cmtlatitudes

Hilton Points relative newbie question:

is the availbilty posting for awards truly dynamic and real time? Or does Hilton also update their website daily, for example at midnight at some regular time in some time zone, similar to many airlines?

Also, if one cancels a points booking, how long before the points are usually returned to account? (I realize this will not always be an absolute. But in general.)