Community
Wiki Posts
Search

Current value of MR Points

 
Thread Tools
 
Search this Thread
 
Old Oct 11, 2010 | 5:22 pm
  #1  
Original Poster
2M
60 Nights
100 Countries Visited
15 Years on Site
 
Join Date: Apr 2007
Location: USA
Programs: 1K 1MM; Bonvoy Ambassador; Nat'l EE; Hertz PC; Hyatt Globalist
Posts: 2,602
Current value of MR Points

Was looking for some info as to what people would value MR points at right now. Have a stay I need to charge a friend for but not sure how to figure out what a fair value would be...

The total is 41,000 points.
nevansm is offline  
Old Oct 11, 2010 | 5:52 pm
  #2  
FlyerTalk Evangelist
Community Builder
All eyes on you!
15 Years on Site
 
Join Date: Aug 2006
Location: SNA
Posts: 18,600
1) Selling award stays violates MR terms and conditions
2) A real friend gifts award stays to friends if needed
VickiSoCal is offline  
Old Oct 11, 2010 | 5:55 pm
  #3  
Original Poster
2M
60 Nights
100 Countries Visited
15 Years on Site
 
Join Date: Apr 2007
Location: USA
Programs: 1K 1MM; Bonvoy Ambassador; Nat'l EE; Hertz PC; Hyatt Globalist
Posts: 2,602
Originally Posted by VickiSoCal
1) Selling award stays violates MR terms and conditions
2) A real friend gifts award stays to friends if needed
Didn't realized I asked for your opinion on how I use my points.

If you knew the other part of the story you might change your tone. I was in the room, we were splitting the stay. I'm sorry if I don't give things away for free, maybe all the people who don't pay for their business travel can do that but I don't.
nevansm is offline  
Old Oct 11, 2010 | 5:58 pm
  #4  
 
Join Date: Jun 2007
Location: Fairport, NY
Posts: 195
Violating the rules

Originally Posted by nevansm
Didn't realized I asked for your opinion on how I use my points.

If you knew the other part of the story you might change your tone. I was in the room, we were splitting the stay. I'm sorry if I don't give things away for free, maybe all the people who don't pay for their business travel can do that but I don't.
AND SNARKY TOO.

ralph
rxralph is offline  
Old Oct 11, 2010 | 6:54 pm
  #5  
FlyerTalk Evangelist
Community Builder
All eyes on you!
15 Years on Site
 
Join Date: Aug 2006
Location: SNA
Posts: 18,600
You are charging a friend to stay in a room, with you, that you got for free?

If a friend invited me to stay in a room they redeemed with points, I'd probably take them out to a nice dinner, unprompted, but if they asked for cash- we probalby wouldn't travel together any longer.
VickiSoCal is offline  
Old Oct 11, 2010 | 7:00 pm
  #6  
Original Poster
2M
60 Nights
100 Countries Visited
15 Years on Site
 
Join Date: Apr 2007
Location: USA
Programs: 1K 1MM; Bonvoy Ambassador; Nat'l EE; Hertz PC; Hyatt Globalist
Posts: 2,602
Originally Posted by VickiSoCal
You are charging a friend to stay in a room, with you, that you got for free?
Yeah and by free you mean a room that I had 15 other paid nights to get... Not sure why you insist on critiquing other peoples personal business... If you're not going to answer the f'ing question don't bother replying.

Mods why don't you close this thread as it apparently doesn't meet VickiSoCal's moral standards, and I'm sick of hearing her talk. I'll take my question elsewhere.
nevansm is offline  
Old Oct 11, 2010 | 7:07 pm
  #7  
FlyerTalk Evangelist
Community Builder
All eyes on you!
15 Years on Site
 
Join Date: Aug 2006
Location: SNA
Posts: 18,600
If you didnt' want opinions you shouldn't have posted.

Can you not calculate best avaiable rate divided by two? Or by the number of people in the room if it was greater than 2?
VickiSoCal is offline  
Old Oct 12, 2010 | 10:23 am
  #8  
10 Countries Visited
20 Countries Visited
30 Countries Visited
15 Years on Site
 
Join Date: Jun 2009
Location: Formerly of SacTown, Cali
Posts: 1,279
To answer your question in terms of "value" I would look at the rate the room was otherwise available for and divide in half. That's what the miles were worth on that night.

As to the moral issue everybody does stuff differently so I am not judging you. For ME if I give points/miles to a friend it's without strings. If they buy me a nice dinner, or something, that's great but for me life is too short to worry about every penny like that. Plus, it's something nice I can do for my friend. Maybe they will repay one day and maybe they won't. In fact, I have given Marriott points and airline miles to friends many times. By the way, I pay for all my own travel myself not some corporate conglomerate. Again, that's ME and not judging you for how you operate. I should also add if I was going to have a friend give me money, which I would not do, I would make sure they knew of this before all the plans were made. I would not want to surprise them with it after the fact. Feels a bit tacky to ask for money but especially to surprise them after the fact. Good luck to you.
SacTownGuy is offline  
Old Oct 12, 2010 | 10:55 am
  #9  
 
Join Date: Aug 2010
Programs: AA EXP, MR PLT, SPG Gold
Posts: 41
Originally Posted by nevansm
Was looking for some info as to what people would value MR points at right now. Have a stay I need to charge a friend for but not sure how to figure out what a fair value would be...

The total is 41,000 points.
If I were doing it, I would just do it based off of what the best rate was for that hotel and what portion of it that person was responsible for. IF it were a great redemption value (ie... great return for your points... then it might not be fair to ask the other person to pay a normal share of the room rate because you obviously chose a currency - points - to pay for the room because you thought that was a better deal for yourself as well... there is no real reason to seek to profit from your friend and I don't think you were trying to... which is why you came here to ask about point value.)

Ignore the other people. Just like someone said life is too short to worry about every penny... life is too short for you to either care what these people are saying about this or for them to care how you use your points. They are your points, so it is your right to use them as you wish (subject to complying with the terms of the MR Program).
LonePine10 is offline  
Old Oct 12, 2010 | 2:12 pm
  #10  
FlyerTalk Evangelist
20 Years on Site
 
Join Date: Mar 2003
Location: Wyoming
Posts: 31,103
Originally Posted by VickiSoCal
You are charging a friend to stay in a room, with you, that you got for free?

If a friend invited me to stay in a room they redeemed with points, I'd probably take them out to a nice dinner, unprompted, but if they asked for cash- we probalby wouldn't travel together any longer.
Spot on.

I've stayed in a few "free" rooms before and I ALWAYS treat to a nice dinner or something.

When I'm buying the "free" room, I expect nothing in return.
annerj is offline  
Old Oct 12, 2010 | 2:33 pm
  #11  
All eyes on you!
15 Years on Site
 
Join Date: Jan 2010
Location: HSV
Programs: Hy Glob,Choice Dia, MR TIT,IHG SPR,HH Dia, Wyn Dia, UA Sil, WN Alis, Hert 5*, National EE
Posts: 1,198
I would say charge at about .005 per point.
I would charge .0025 per point if I was splitting.
Thats me anyway.
Also I agree with the original poster. I live in hotels on my own dime, so when I book a room and pay I figure the points I will get into the cost. Therefore I look at 40000 MR pts as 5 nights I don't have to pay out of pocket, and the cheapest hotel I can usually find is maybe $50/night.

Same goes for if I book a room with a friend and I will be receiving points I deduct it off there half so it is a 2 way street.
stallion114 is offline  
Old Oct 13, 2010 | 3:43 pm
  #12  
15 Years on Site
 
Join Date: Nov 2008
Location: Dallas, TX
Programs: AA EXP, Marriott LT Titanium, Avis Chairman
Posts: 1,286
If you want to charge him for it, I'd say take the value of the room at the best rate available and he owes you half but that would have to be agreed upon before the stay.

If it were me and it wasn't a good friend, I might ask them to do the same. If it were a close friend or family, I'd call it an act of love.
ramalama8 is offline  
Old Oct 13, 2010 | 3:52 pm
  #13  
FlyerTalk Evangelist
Community Builder
All eyes on you!
15 Years on Site
 
Join Date: Aug 2006
Location: SNA
Posts: 18,600
I'm not at an age/position in life where I am willing to share a hotel room with a person who is not a close family member or friend. Maybe there's the difference.

Mind you, there was a time....
VickiSoCal is offline  
Old Oct 16, 2010 | 5:32 pm
  #14  
 
Join Date: Oct 2006
Location: PHL
Programs: HH Diamond MR PLAT US Gold
Posts: 288
Originally Posted by VickiSoCal
I'm not at an age/position in life where I am willing to share a hotel room with a person who is not a close family member or friend. Maybe there's the difference.

Mind you, there was a time....
+1

-Rbn
ATWBY2020 is offline  
Old Oct 16, 2010 | 5:52 pm
  #15  
20 Years on Site
 
Join Date: May 2001
Location: Phoenix
Programs: UA1k;HH Gold;MR Gold
Posts: 6,112
Originally Posted by rbnaidu
+1

-Rbn
+3
jan_az is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.