Points or cash for hotel room

[22go]

We will be staying at a Springhills suite soon and the cost is $130.00 or 20,500 points. I have no idea which is the better option.
Help please. Thank you.

 

[dioxide45]

Is the $130 price all-in with taxes? If so, the redemption value is fairly low at only about 0.63 cents per Bonvoy point. You can typically get better value depending on how and where you travel and use points in the future. That said, if you earned the points for free and don’t often stay in hotels, redeeming them this way isn’t a bad choice. After all, free is always good.

 

[22go]

Is the $130 price all-in with taxes? If so, the redemption value is fairly low at only about 0.63 cents per Bonvoy point. You can typically get better value depending on how and where you travel and use points in the future. That said, if you earned the points for free and don’t often stay in hotels, redeeming them this way isn’t a bad choice. After all, free is always good.

Yes. The $130 includes taxes. We are staying at same hotel another night which would be $150 w. taxes ot 19, 500 points.
What is a decent return rate per point? Thanks

 

[rthib]

I can get at list .01 / point so $130 would need to be 13,000 or lower for me. Depends on how quickly you earn points.

 

[mjm1]

Yes. The $130 includes taxes. We are staying at same hotel another night which would be $150 w. taxes ot 19, 500 points.
What is a decent return rate per point? Thanks

The Points Guy team says Bonvoy points are worth .007 cents per point. It was .0084 the prior year.

 

[ljmiii]

We will be staying at a Springhills suite soon and the cost is $130.00 or 20,500 points. I have no idea which is the better option.
Help please. Thank you.

I never redeem for less than a penny a point. But if you don't stay at Marriott hotels frequently and have a lot of Bonvoy points you might accept a lower redemption. But .63 cents a point is not a great value.

 

[dioxide45]

I never redeem for less than a penny a point. But if you don't stay at Marriott hotels frequently and have a lot of Bonvoy points you might accept a lower redemption. But .63 cents a point is not a great value.

We honestly don't calculate the value anymore. Perhaps if we were looking to book a longer stay or a trip to Europe, but we are now in the earn and burn stage. Mostly filling in a night here or there between timeshare stays.

 

[mjm1]

We honestly don't calculate the value anymore. Perhaps if we were looking to book a longer stay or a trip to Europe, but we are now in the earn and burn stage. Mostly filling in a night here or there between timeshare stays.

We’ve done a bit of both as well. I usually try to get .01 per point, but have settled for less to fill a night here or there.

 

[Dean]

We don't pay nearly as much attention as we used to related to the value. We still look at it and make a judgement but with devaluations over time and limited opportunities to use for higher values, I'm a fair amount less stringent where I use points than a few years ago. I also think the valuation can be artificial. In order to get a real value you have to look beyond the property in question and evaluate other comparable options which often gives a different picture.

 

[rickandcindy23]

Some hotels are so inexpensive, but the value is tremendous. The Wichita Marriott is mostly a very inexpensive stay, but I use points and don't get the value to cash that I would like. But we have the lounge access and it's just a very nice hotel. And no parking fee.

Same with the Birmingham Marriott. Lounge access is really great.

 

[iowaguy09]

The certificates you get for buying from the developer are (or used to be?) $2275 for 330,000 Bonvoy points, or .069 cents per point. This is floor I typically use, but .08 cents per point or higher is one I would take all day. But also find myself doing earn and burn like above, or saving up for a luxury weekend stay (St. Regis!).