Value of CC points at redemption?
 

Hello all,

Does anyone redeem points and have a sense of what a good redemption value of points would be?

The wiki/sticky http://www.flyertalk.com/forum/carls...-me-first.html
says

"What is the value of CC points?
There's debate about the value of CC points (see this thread on valuation). If you redeem 50k points at a $500 property in Paris, your points can be worth 1cpp. More typical redemptions will yield values of perhaps .5-.8cpp, and exceptional values can be much higher (e.g., in cases of high occupancy). "

Is this still valid? I have found a C&P rate that would allow me to redeem at .65. Is this worth it or should I hold out for better? I like to optimize my point redemption but also don't want to waste time if I'm unlikely to find it. I've read online (off FT) that many people feel the CC points are valued at .4.

around .5 +/- seems to be still a good estimate. It can be significantly higher if you get that last minute redemption during a busy trade show week or in the high end properties where the rack rate would be extremely high but I think 1cpp or more is a thing of the past. The high end hotels cost 70k for rates of around 500€.

Great, thank you. So it seems my .65 is a good redemption. I'll take it :)

Differing value of club Carlson points
 

I value them at under.2.
True at 0.2 the points required is less than the retail price, but there are no good properties where I want to go.

Most of the points that I have were purchased from cc at well over double that -- for a trip that got cancelled due to health reasons.

So the property that was 50000 for two nights, is now 70000 points -- in an expensive city, but way out at the airport. When i will have the ability to go, nor sure what the price will be.

This hotel chain had a worthwhile program before and gutted it completely.

To get some new business and rebuild their reputation they had a new generous program, but they are half way to stealing everything from their customers again.

The generous program was doomed to fail as it was just not maintainable. We enjoyed it as it lasted but now have to live with the changes and at least for Europe the chain has a huge number of decent business hotels and a couple of excellent higher end properties although they can't keep up with the real luxury hotels.

The program is still decent value, burning the points at .2 is your free choice but you would not need to look to hard to get out significantly more.

Anytime you can get more than 0.5 cents, do it!

There are London hotels asking 200 GBP for tiny rooms with a single bed. At 50-70K per night, that might work out fine on a $ per point basis. But I'm not chain-constrained, and so I'll go stay somewhere nicer or farther away from the centre - therefore 200 GBP isn't relevant to what I would actually pay.

I now just hang on to a handful of CC points to use in places where there isn't much alternative or where a hotel falls into Category 1-3.