What redemption rate do you shoot for?
Aug 3, 2016, 9:56 am
#1
Original Poster
Join Date: Dec 2009
Programs: Hilton Diamond Hyatt Globalist
Posts: 1,180
What redemption rate do you shoot for?
I'm just curious as to what value others aim for when booking award nights. It seems most sites value the points at .5 cents per point so anything above that would be considered decent. But, knowing people on here, that's on the low end. I found a Doubletree for this Saturday for 20,000 points with rates at $239 so that seems like a solid redemption to me and I'm thinking of pulling the trigger.
Aug 3, 2016, 10:28 am
#2
Join Date: Dec 2003
Programs: AA Plat Pro, United Silver, Marriott LTT, Hyatt Globalist, Hilton Diamond, IHG Platinum
Posts: 1,120
I'm just curious as to what value others aim for when booking award nights. It seems most sites value the points at .5 cents per point so anything above that would be considered decent. But, knowing people on here, that's on the low end. I found a Doubletree for this Saturday for 20,000 points with rates at $239 so that seems like a solid redemption to me and I'm thinking of pulling the trigger.
Aug 3, 2016, 10:38 am
#3
A FlyerTalk Posting Legend
Join Date: Apr 2013
Location: PHX
Programs: AS 75K; UA 1MM; Hyatt Globalist; Marriott LTP; Hilton Diamond (Aspire)
Posts: 56,453
I try to get at least .7 cents. Although in high tax locations (for example, Japan) a lower rate can still be a very good deal.
Aug 3, 2016, 11:03 am
#4
Join Date: Feb 2013
Programs: Hilton Diamond
Posts: 4,252
I'm just curious as to what value others aim for when booking award nights. It seems most sites value the points at .5 cents per point so anything above that would be considered decent. But, knowing people on here, that's on the low end. I found a Doubletree for this Saturday for 20,000 points with rates at $239 so that seems like a solid redemption to me and I'm thinking of pulling the trigger.
Aug 3, 2016, 11:08 am
#5
Join Date: Feb 2013
Location: DCA
Posts: 7,769
Or cities in the US with high taxes including tourism fees, etc. It's not explicitly clear from the OP, but it seems that he/she was quoting the base rate. These sorts of valuation calculations should always be done against the out-the-door price since, as you have noted, taxes and fees can be nontrivial.
Aug 3, 2016, 11:16 am
#6
FlyerTalk Evangelist
Join Date: Oct 1999
Location: Juneau, Alaska.
Programs: AS 75K;BA Silver;AA G;HH Dia;HY Glob
Posts: 15,813
Aug 3, 2016, 11:17 am
#7
Original Poster
Join Date: Dec 2009
Programs: Hilton Diamond Hyatt Globalist
Posts: 1,180
Or cities in the US with high taxes including tourism fees, etc. It's not explicitly clear from the OP, but it seems that he/she was quoting the base rate. These sorts of valuation calculations should always be done against the out-the-door price since, as you have noted, taxes and fees can be nontrivial.