Originally Posted by forcemejure
I don't believe I made a mistake. As I noted, since the hotel (and just about everything else nearby) is sold out, the reservation is worth more than 3.75 cents per point to me.
If you had been willing to pay the $600 in cash you did not make a mistake on the valuation. However, if you were not willing to pay that amount in $$'s the the value of a point is obviously less.