Value of Points
Apr 5, 2007 | 4:16 pm
#1
Original Poster
Join Date: Oct 2002
Programs: Marriott Plat Premier/LT Plat; SPG Plat/LT Gold; Hilton Gold; Hyatt Plat
Posts: 2,356
Value of Points
Trying to determine how to value points. I have a choice either 10k or 15k points(couldnt understand what was said) or $75. Which is the better deal?
Last edited by welookgood.com; Apr 5, 2007 at 4:23 pm
Apr 5, 2007 | 4:42 pm
#2
Original Member
Join Date: May 1998
Location: Reno, NV (RNO)
Programs: AA LT Platinum, AS, UA Premier Silver, DL, HHonors Gold, Marriott LT Titanium, Hyatt, IHG Platinum
Posts: 4,723
With the recent devaluation, I now value my Marriott points at .70 cents (7/10 of 1 cent) each. So, if your choice is $75 or 10K, I'd take the $75. At 15K, I would take the points.
Apr 5, 2007 | 7:33 pm
#3
Join Date: Mar 2007
Location: Marriott Regional Office
Programs: Marriott Rewards
Posts: 38
If you spent the $75 at a hotel, you'd get 750 points or, about 1/10th of a night at a category one hotel.
With 10,000 points you could get 1 night at a category one or two. With 15,000 points, you could get 2 nights at a cat. 1 or 1 night at cat 2 or 3.
To get 10,000 points you'd have to spend $1,000, to get 15,000, youd have to spend 1,500.
With 10,000 points you could get 1 night at a category one or two. With 15,000 points, you could get 2 nights at a cat. 1 or 1 night at cat 2 or 3.
To get 10,000 points you'd have to spend $1,000, to get 15,000, youd have to spend 1,500.
Apr 5, 2007 | 7:44 pm
#4
Join Date: Oct 2005
Location: South America
Programs: AA Platinum 1MM - Marriott Silver
Posts: 353
I value my points at least at $0.12. In your case I would pay the $75.
I have an upcoming 7-night stay at a Marriott which will cost me $1200 but I won't spend 130,000 for the available standard reward so I will pay for it.
I have an upcoming 7-night stay at a Marriott which will cost me $1200 but I won't spend 130,000 for the available standard reward so I will pay for it.
Apr 5, 2007 | 8:01 pm
#5
Join Date: Sep 2006
Location: DEN
Programs: MR PP, UA Silver, SW A-List, HH Diamond
Posts: 346
Im guessing you mean 1.2 cents per point. I think there are ways to get upto ~ 2 cents per point in value, but unlike real money you can only spend points at marriott so saying the points are worth 2 cents each is not really true. However, getting less than 1 cent a point is probably not a good use right?
Apr 5, 2007 | 8:06 pm
#6
FlyerTalk Evangelist
Join Date: May 2002
Location: Pittsburgh
Programs: MR LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus, HH Gold, Hertz PC, National Executive, etc.
Posts: 31,670
I just checked on an award I have coming up and it came out to about 1.3 cents per point. It was a pretty good redemption (Kauai), so I'd say about a penny a point is a good value.
Apr 5, 2007 | 8:53 pm
#7
Join Date: Feb 2005
Programs: Marriott Lifetime Titanium (former PP), Hilton Silver, UA Silver, AS Member, Hertz 5*
Posts: 3,906
I would still value a point at about a penny and seek to redeem only when I can get at least 1.3-1.5 cents per point, including the opportunity cost of points not earned when using a reward. Room rates in many places have gone up quite a bit even with the devaluation. Also, you can earn points a lot quicker with an elite bonus, the premier Marriott card, and participating in Marriott promotions.