[I]Not sure I'm tracking . . .

Given a choice between $500 per night or $60 plus 4000 Starpoints, using the Starpoints option has each point saving you 11 cents! Pretty good deal.

It is a very good deal, and that is why I am starting to re-think my strategy of using points/miles exclusively for award F/J flying. But rather, stay at the Prince the Galles vs. the George V to accumulate points and used them for a room should the ppp/ppm make sense.

The tickets (if I understand you correctly) cost 120K NW miles to save $8000, which would make each mile worth about 6.67 cents. I presume you think that's a good deal or you wouldn't have taken it (and I agree), yet you're turning down a deal where you'd save nearly twice that. Not sure
why.
Sorry if it was not clear enough. The tickets price out @ $8200+ each. I used 240,000 NW miles for two tickets. 6.8ppm.

Oh, and if you're paying $500 per night at the Western Cape, that's got to be at or near Rack Rate. Starwood has a "50% off" offer (SPG50) that allows you to pay only 50% of rack rate for up to 5 nights for a total of only 1000 Starpoints. If the "SPG50" rate is offered, for four nights you'd save about $1000 for 1000 points, or a saving of $1 per Starpoint. Now *that* is a savings! (And the nights on SPG50 count for stay and nights credit with SPG as well.)[/QUOTE]

Thanks for this ^ , i called and both the Western Cape and the Arabella in CPT (Staying at both properties) are not part of the group of hotels attached to this promo...