How Does Dynamic Pricing Work For Points Advance Reservations?
#1
Original Poster
Join Date: Sep 2012
Location: YVR
Posts: 1,847
How Does Dynamic Pricing Work For Points Advance Reservations?
Can help someone explain my points advance reservation?
I booked a hotel in NYC Dec 2-7, 2022, and this is how the 5 day breakdown looks:
Fri Dec. 2 - 48,000
Sat Dec. 3 - 56,000
Sun Dec. 4 - 43,000 (FREE)
Mon Dec. 5 - 45,000
Tue Dec. 7 - 47,000
Total 196,000
So, if I understand this correctly, this looks like an old Cat 6 - 40,000 - 60,000 redemption. But, how do they come up with the # of points per night? Is this based on time of year, and then time of week? Or is how full the hotel currently is coming into play?
I still need 15,000 points to order my Cert, and I think I will have enough within the 60 day time limit, BUT I'm concerned my points rates will increase if I wait. Will the points required go up as the hotel gets more full/in demand - or are they static until the end of the year?
If the points required could go up at any time, I'm wondering if I should buy the 15K points to top off???
I booked a hotel in NYC Dec 2-7, 2022, and this is how the 5 day breakdown looks:
Fri Dec. 2 - 48,000
Sat Dec. 3 - 56,000
Sun Dec. 4 - 43,000 (FREE)
Mon Dec. 5 - 45,000
Tue Dec. 7 - 47,000
Total 196,000
So, if I understand this correctly, this looks like an old Cat 6 - 40,000 - 60,000 redemption. But, how do they come up with the # of points per night? Is this based on time of year, and then time of week? Or is how full the hotel currently is coming into play?
I still need 15,000 points to order my Cert, and I think I will have enough within the 60 day time limit, BUT I'm concerned my points rates will increase if I wait. Will the points required go up as the hotel gets more full/in demand - or are they static until the end of the year?
If the points required could go up at any time, I'm wondering if I should buy the 15K points to top off???
#2
Join Date: Aug 2007
Programs: DL DM
Posts: 1,079
As I am sure you know, the rates can up any day. Up until the time that you actually pay with the points, you are at their mercy.
About all you know, is that an award booking will be available but no guarantees that it’ll stay at the current level.
About all you know, is that an award booking will be available but no guarantees that it’ll stay at the current level.
Last edited by cre95; Jun 8, 2022 at 6:47 pm
#4
Original Poster
Join Date: Sep 2012
Location: YVR
Posts: 1,847
Ughhh... the rates for my hotel have already gone up by 3,000 points!!!
I can't really afford to purchase points right now - BUT there is another hotel available at 160,000 that i could just lock in right now. Should I just reserve and get the cert for that one, even though the location isn't as good? And then I could just cancel and re book my first choice if I end up having enough points?
Can I have two reservations for the same dates, or will the system not allow that? Would be nice to just hedge my bets...
Which brings to mind: I feel like I'm gambling... or buying/selling stocks ... jeeez...
I can't really afford to purchase points right now - BUT there is another hotel available at 160,000 that i could just lock in right now. Should I just reserve and get the cert for that one, even though the location isn't as good? And then I could just cancel and re book my first choice if I end up having enough points?
Can I have two reservations for the same dates, or will the system not allow that? Would be nice to just hedge my bets...
Which brings to mind: I feel like I'm gambling... or buying/selling stocks ... jeeez...
#5
Join Date: Sep 2008
Location: SF Bay Area
Programs: None - previously UA
Posts: 4,864
Ughhh... the rates for my hotel have already gone up by 3,000 points!!!
I can't really afford to purchase points right now - BUT there is another hotel available at 160,000 that i could just lock in right now. Should I just reserve and get the cert for that one, even though the location isn't as good? And then I could just cancel and re book my first choice if I end up having enough points?
Can I have two reservations for the same dates, or will the system not allow that? Would be nice to just hedge my bets...
Which brings to mind: I feel like I'm gambling... or buying/selling stocks ... jeeez...
I can't really afford to purchase points right now - BUT there is another hotel available at 160,000 that i could just lock in right now. Should I just reserve and get the cert for that one, even though the location isn't as good? And then I could just cancel and re book my first choice if I end up having enough points?
Can I have two reservations for the same dates, or will the system not allow that? Would be nice to just hedge my bets...
Which brings to mind: I feel like I'm gambling... or buying/selling stocks ... jeeez...
#6
Original Poster
Join Date: Sep 2012
Location: YVR
Posts: 1,847