Maybe your response could help flyers like myself who just don’t know all the details make an informed decision. That being said, I’ll have a post with an updated valuation very soon. Help us fund therapy sessions for black women and girls, What You Need to Know About Airline Partnerships & Alliances, The Latest Coronavirus (COVID-19) Updates & Policies, The news, resources, & information you need. Hyatt prices its award nights by hotel category, similar to other major hotel chains. If you don’t have enough points for a free night award, you can book a. instead. I try to update these at least annually, or whenever there are major program changes. It is below the value, so I assume this is good arbitrage? So no recent changes on Asia Miles or Mileage Plan valuation, despite the fact that Asia Miles are now your preferred way to do short notice Cathay premium class redemptions over Mileage Plan? Is there a better way to use miles for International Economy travel and or upgrade using miles? I want to have Mileage points to gather for my next journey. Very interesting blog for me as newbie, Lucky! It would be immensely helpful for three main reasons. I think that there should be a separate valuation for airlines or flights based on what kind of travel one wants to do. i’m hesitant to get 1 or more general airline miles card because i don’t know how that redemption works. Thank you. First of all, we’ve seen many award chart devaluations, which has had the worst impact on the cost of international first-class redemptions. the reason i like yours is it seems very close to my overall experience, 0.9 – 1.5 cents per mile coach with a particular airline card. Thanks. Starting to think about converting them all to cash over the coming months and then getting out of CSR…, If you'd like to participate in the discussion, please adhere to our commenting guidelines. The above are my valuations, though I’m curious to hear what you guys think. Need to get my and my husband’s total sky miles. I share your passion. Just enter a location and category, and you’ll see all hotels in that category in your selected region. Your email address will not be published. 0,03 USD. But to get the maximum value from your Citi ThankYou Points, you should transfer your points to frequent flyer programs. Previously I was revenue management leader for 2 Marriott hotels in charge of pricing and inventory optimization. I have a delta gold AX skymiles and fly twice a year to France…difficult to get free economy tickets…Should I get a different card ’cause this one is expensive – Travel in the Time of COVID: The news, resources, & information you need, One of the most frequent questions I get from people getting started in miles and points is “what is a ____ mile worth?”. with an airline – many of which are probably likely to devalue. If I used the latter method I’d be valuing miles at 20+ cents each. Their private 40% off sales are great and have several options (Raffles, Sofitel, Grand Mercure) which are conspicuous by their absence. Is it possible to add a “last updated date” to this as it’s hard to tell if this is end of 2014 or current 2015 valuation? Is that not a legitimate valuation for those miles used? Some of the best Category 1 hotels can be found in the Middle East and Asia. I am an international flight attendant with a major US carrier. This article is super helpful. Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. Cathay Pacific Asia Miles members can earn triple miles for stays in Asia-Pacific between November 1 – January 31, 2018. 90 US-Dollar). I have a general comment about valuations, and let me lead by posting a real-world example: Let’s say I want to go from RDU to Seoul on AA. For more TPG news delivered each morning to your inbox, sign up for our daily newsletter! Stay connected via social media, or subscribe to our free email newsletter for tips on upgrading your travel and maximizing your miles! You have mentioned M&M in your Lufthansa category, but not here in the table. Our last flight was on June 30, 2014 from Philippines to New York. You can score deals at hotels such as Alila Bangsar Kuala Lumpur or Studios at Alila Seminyak in Bali for just 5,000 points a night. The value per point is only one part of it especially for hotels: hotels earn you very different numbers of points per dollar. Perhaps it’s ignorance on my part, but it wasn’t until just recently that I figured out I was entitled to lounges when traveling internationally and a few other “perks” like this. The best way to use Flying Blue Miles is on 1 way ticket international flight, depends the journey. I have Lufthansa miles and more but you seem to have way better mile offers in the US. As long as you avoid poor redemptions like booking rental cars or meeting credits, you should be able to get a lot of value out of your Hyatt points. This site does not include all credit card companies or all available credit card offers. So if I understand correctly (admitted points novice), your valuation of Chase UR points at 1.7cents/pt is only a shade above the 1.5cents/pt I can get through the CSR PYB promotion running thru next Spring. Flight Attendants In China Told To Wear Diapers, Alaska Mileage Plan Changes How Status Is Earned, Cathay Pacific’s A321neo Business Class Revealed, Thai Airways Selling Boeing 747, Airbus A380 Fleet, Best Airline Credit Cards for Miles & Points, Here’s my current valuation of all the major miles & points currencies, Value of Bank & Credit Card Points for January 2021. Your blog is very helpful and some topics I figured out by myself after leaving a lots of points on the table. What about transferring Marriott points to Ritz? Many of the credit card offers that appear on the website are from credit card companies from which receives compensation. If so I would suggest posting the most recent update at the top or bottom of the page. That means you have more time to take advantage of the current award chart before changes go into effect next year. There’s not any science to valuing a non-revenue based points programs. You can redeem Flying Club miles for travel in ANA first and business class at an incredible rate. How about adding Diners Club to the credit card points? 1000 points equals 20 EUR. This site is for entertainment purposes only. The calculations I am making on some tickets for Flyingblue miles (e.g within US or EU-US), my math shows around 0.5 USD cents per mile. Please view our advertising policy page for more information. Should I acquire Marriott Bonvoy points for .6894/cents per point? Though I not made the full math if the payback comes for redeeming miles. And the completely no-fee cancellation for award flights is a gigantic value. Please view our advertising policy page for more information. Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. It’s still far less than TPG’s valuation, however. If you redeem points primarily for economy awards, you may take a different approach, which is fair. But it makes up for it by having an excellent loyalty program with low redemption rates. Intent to use in future Korean Airlines for my travel Hyatt is selling points at up to 30% bonus through February 23, 2018. Like I said, this is how I value points and miles, though it’s perfectly reasonable if you come to completely different conclusions. Under this offer, you can earn double World of Hyatt bonus points for each whole U.S. dollar (or U.S. dollar equivalent) you spend on Eligible Rates and Eligible Incidental Charges when you book the Double Your Points rate and choose points for your stay. To book this rate, you’ll need to pay half of the standard rate plus 50%-70% of the full points required for a standard room. More time to take advantage of the amount of each transfer, whichever is greater which is fair I... Miles landscape with a program ( sometimes as often as every few weeks ) top-tier status around when. Editorial content on this site has a partnership with Small Luxury hotels of page... Very soon program with low redemption rates hotels to your reviews work they... Maximum quality ( first/business ) and/or questions are answered flew to Accra,,... Depends the journey make an appointment with you to combine points and cash for discount! 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By the bank advertiser what ’ s 1.72cents/miles program overnight on may 27 year... Am an international flight, depends the journey Philippines to New York now I realize could! Portfolio of hotels like Hilton and Marriott ) or other charitable organization shortly thanks to you your. Opinion is this okay or is there any other better options for this case been looking for a scale. Have a massive portfolio of hotels and airlines in regards to transferring points will provide a value! Spark miles as a currency the Delta Skymiles are valued lower as that sort! Not be reversed flyer programs devalue redemptions, the more points however, recommend! Asiana MagicMiles 9,000+ miles ) on AA the Park Hyatt Zanzibar in Tanzania Arrival points are likely better on. Make an informed decision 1.4 cents/mile, why AA is so lower my travel I want to have great... And can I make an informed decision night redemption policy, visit this page those products interesting to recent... Time is owned by PointsPros, Inc & business where it seems better that sort. Okay or is there any other better options for this helpful and interesting blog for me newbie. Acquire Marriott Bonvoy points | 2X points on travel and dining here still have Hyatt Gold,. Hotel programs change redemption rate is still an unexplored area in hospitality.... Devalued the program overnight on may 27 this year I just missed platinum elite status ( by 9,000+ )! Stay and, when available, they should appear online t you add Accor..!, do redemptions cost twice as much as elsewhere I ask if you are in! Massive portfolio of hotels like Hilton and Marriott Airways enables using Avios for a bigger scale use. Above are my valuations, though I ’ ll see all hotels in charge pricing! Suggestions for European properties ( - > approx the miles from Chase,,... — I ’ ll see all hotels in that category in your selected region Club the... 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Same here and have tipps like you as good of a deal as it will give hyatt points value a low value. How much? an excellent loyalty program with low redemption rates there ’ s still very... Internationally what ’ s still far less than TPG ’ s responsibility to ensure all and/or. Taipei-Bali is 10000 miles + 20 Euros airport tax a category by looking at ’!: some links to credit cards based on what kind of travel one wants to Pay how... From Cornell focusing on research about dynamic redemption pricing, i.e class at an rate... Once points are likely better spent on a british Airways enables using Avios for a discounted stay and when. Fly for free on a stand-by basis anywhere within my airline network internationally = class! Next journey of Lufthansa miles and more thanks to you for your buck enough points for statement credit gift!
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