Used to be bulldoggolfer05
Join Date: May 2007
Location: São Paulo, BR/Miami Beach, FL/NYC/DXB
Programs: HGP DMD, HHonors DMD, SPG PLT, MR PLT
Posts: 2,295
I believe the penny per point conversion was what hotels paid out for compensatory points offered during a stay. At least that is what the ratio was when I worked at the Irvine Marriott, although I have read recently that this has increased to 2cents/point.