Originally Posted by
findark
For the amount of effort and expertise required to redeem such an award, you should be paying far, far less than $8,000 cash for that trip.
Things like this underpin my skepticism that transferring UR is a particularly valuable use.
Originally Posted by
friedablass
I agree and usually if there is saver award availability then there are also P fares which are normally not $8k. (Or maybe never that high but in by far not the authority on what the highest P fare looks like so will not say that definitively, although I haven't ever seen any that high.)
I agree completely. I did a random search and found a partner award, which doesn't really correlate to availability of P fares, so it is probably on the high end. I was trying to make the same point that 4 CPP is probably on the high side of the valuation, and you are far more likely to see a lower multiple. In the past, when I really searched for flights I wanted to take, it was hard to find a high multiple that made transferring miles worth it.