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-   -   Miles per amount for non €/$ countries (https://www.flyertalk.com/forum/radisson-international-radisson-rewards/1137756-miles-per-amount-non-c-countries.html)

Bagehot Oct 18, 2010 2:50 am

Miles per amount for non €/$ countries
 
I will be staying in Norway in a Radisson hotel and I'm wondering how many points I am to expect. Basically I see three possible options:
  • Ratio of points/NOK spent
  • Conversion in EUR of the NOK amount, multiplied by the usual ratio of 20
  • Conversion in USD of the NOK amount, multiplied by the usual ratio of 20

The question is probably the same for any non €/$ currency. How does goldpointsplus work on that matter?

Thanks!

vbroucek Oct 18, 2010 7:45 pm


Originally Posted by Bagehot (Post 14964417)
I will be staying in Norway in a Radisson hotel and I'm wondering how many points I am to expect. Basically I see three possible options:
  • Ratio of points/NOK spent
  • Conversion in EUR of the NOK amount, multiplied by the usual ratio of 20
  • Conversion in USD of the NOK amount, multiplied by the usual ratio of 20

The question is probably the same for any non €/$ currency. How does goldpointsplus work on that matter?

Thanks!

I am positive that when I stayed in Sweden in May, they did conversion to EUR and multiplied by 20... My statement says so too...

Bagehot Oct 19, 2010 12:29 am

Sad, dollars would have been better.. Anyway, thanks for the answer!

Bagehot Oct 28, 2010 1:30 am


Originally Posted by vbroucek (Post 14969607)
I am positive that when I stayed in Sweden in May, they did conversion to EUR and multiplied by 20... My statement says so too...

Some follow-up for those interested. My statement says they applied a 20 points per € spent ratio. However, when you calculate by yourself in Excel, you realise that they don't even give you that ratio but something between 17 and 17.5 points per € spent.

This programm really is becoming totally useless... :mad:They probably know that noone will ever check the ratio they apply and try to take whatever they can :td:

Anyone had the same issue?

vbroucek Oct 28, 2010 3:03 pm


Originally Posted by Bagehot (Post 15028592)
Some follow-up for those interested. My statement says they applied a 20 points per € spent ratio. However, when you calculate by yourself in Excel, you realise that they don't even give you that ratio but something between 17 and 17.5 points per € spent.

This programm really is becoming totally useless... :mad:They probably know that noone will ever check the ratio they apply and try to take whatever they can :td:

Anyone had the same issue?

Before accussing them of cheating, did you realise that there is fluctuation in exchange rates and that there are two different exchange rates for each currency? It will heavily depend on which reate they use - sell or buy?

Bagehot Oct 28, 2010 6:32 pm


Originally Posted by vbroucek (Post 15032423)
Before accussing them of cheating, did you realise that there is fluctuation in exchange rates and that there are two different exchange rates for each currency? It will heavily depend on which reate they use - sell or buy?

As a matter of fact, this difference is MUCH higher than any exchange rate difference. As already mentionned above, this is 17 instead of 20, which means a difference of 15%.

And there is also no objective rationale for choosing the buy rate instead of the sell one, so the spot is the more relevant. And similarly you would not find a 15% bracket between ask and sell as you for sure know. So yes, I maintain my argument that the exchange rate used are largely unfavourable to the customer.

Even though all groups use that discrete way to reduce your earnings, comparison with other hotels in non €/$ currencies is striking. The 15% difference becomes less than half of it at e.g. Marriott in my case (€ versus dollar conversion rate). All programs try to take the most advantaging rates they can, with very limited rationale, but GPP seems to be clearly worse

vbroucek Oct 30, 2010 2:13 am


Originally Posted by Bagehot (Post 15033529)
As a matter of fact, this difference is MUCH higher than any exchange rate difference. As already mentionned above, this is 17 instead of 20, which means a difference of 15%.

And there is also no objective rationale for choosing the buy rate instead of the sell one, so the spot is the more relevant. And similarly you would not find a 15% bracket between ask and sell as you for sure know. So yes, I maintain my argument that the exchange rate used are largely unfavourable to the customer.

Even though all groups use that discrete way to reduce your earnings, comparison with other hotels in non €/$ currencies is striking. The 15% difference becomes less than half of it at e.g. Marriott in my case (€ versus dollar conversion rate). All programs try to take the most advantaging rates they can, with very limited rationale, but GPP seems to be clearly worse

How do you actually know, how they do the conversion? Do they do it directly from let's say Swedish Kronor to Euro? Or do they do it first to USD and then to Euro? Unless you have answer to this question, you cannot be sure that the exchange rate you use is the same they use...

I have just checked my stay in Stockholm in May/June against the exchange rates for those days and depending where I looked for exchange rate (I looked at various European banks as well as USA, Australia and xe.com) and which date I used I either received too many points or up to 13% less points. Swedish Kronor fluctuated against Euro a lot during my three day stay too, so it would depend which date they would use... Too many variables... So unless we know which bank they use, which day of stay they they use for calculation (first, last, when the payment gets through - my Platinum Amex has the payments date 4 days later than I actually made it...), it's nearly impossible to make sure they pay me/you correctly.

Bagehot Nov 1, 2010 9:37 am

Hence my original question. And whatever the rate used, be it NOK EUR or NOK USD EUR (date is check out usually), huge difference ;)


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