As I first posted about a couple of weeks ago, Daily Getaways is back earlier than normal this year, and is a great opportunity to purchase hotel points at a discount. It’s sponsored by the US Travel Association, and every weekday for five weeks they’re offering discounted travel packages.
So far this week we’ve had the opportunity to:
- Purchase IHG Rewards Club points for ~0.58-0.6 cents each (there are still packages for sale)
- Purchase Club Carlson points for ~0.45 cents each (these packages sold out almost instantly)
But is it a good deal?
Hilton HHonors promotion
Here’s a chart with the Hilton HHonors points packages which are on sale today:
|Number Of Points||Package Cost||Cost Per Point||Number Of Packages|
|100,000 Hilton HHonors||$500||0.5 cents/point||160|
|150,000 Hilton HHonors||$750||0.5 cents/point||200|
|250,000 Hilton HHonors||$1,250||0.5 cents/point||200|
Let me start by predicting that this offer won’t sell out instantly, unlike the opportunities to purchase points from Club Carlson and Hyatt Gold Passport.
I value Hilton HHonors points at ~0.4 cents each, while they’re selling them for ~0.5 cents each through this promotion.
Can you get more than ~0.5 cents of value per Hilton point? Absolutely.
I stayed at the Hilton Garden Inn Frankfurt Airport several weeks ago for 40,000 HHonors points. The paid rate was 489EUR.
Does that mean I got over one cent per point of value? Since I would have never paid the 489EUR rate, I’d argue not. But if I had picked the points up for 0.5 cents each it would have been like paying ~$200 for the stay. That’s a deal I can live with when most hotels in the city are sold out, though hardly one I’d be excited about.
There are certainly other properties where you can get quite a bit of value as well.
For example, the DoubleTree Beijing costs just 10,000 points per night, so at a rate of 0.5 cents per point, that’s like paying $50 per night.
On the other end of the spectrum, the Conrad Koh Samui costs 80,000 points per night, so at a rate of 0.5 cents per point, that’s like paying $400 per night, which is still substantially less than the cash rate.
Do keep in mind that Hilton HHonors offers a fifth night free. So if you stay for that long, that potentially lowers your per night cost a further 20%.
While I value HHonors points at ~0.4 cents each, there’s no denying that you can redeem them for more, as I’ve shown in the above examples.
That being said, under most circumstances I don’t think you’ll get more than 0.5 cents of “real” value per point.
I’m not a buyer at this price, but that doesn’t mean you shouldn’t be.
Do you plan on buying HHonors points for 0.5 cents each?