Two ways you can use hotel points to save big on summer travel, despite inflation

Jul 2, 2022

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Have you noticed that the price for even budget hotels has become prohibitive?

I’m currently in Nashville — and staying for free in a £661 room thanks to Marriott points. If I didn’t have hotel points, I’d be looking for a cheap cash rate. But even the nearest Red Roof Inn (a two-star hotel) is selling for £140 per night. In my experience, that’s not normal.

Related: When Should I Pay Cash Rather Than Redeem Points?

But don’t give up hope yet. One extremely effective tool to defeat extortionate travel prices is to redeem hotel points. And while collecting hotel points has always been a good idea, for many of us, they’re now the only way we can actually afford to travel well in 2022.

Let’s take a look at two of the best ways you can use hotel points to save big on summer travel, despite rising inflation and travel demand.

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In This Post

Use the Hyatt award chart to stave off inflation

Hyatt is one of the only remaining loyalty programs to maintain a firm award chart. Hyatt groups its hotels into one of eight categories:

(Screenshot courtesy of hyatt.com)

No matter the cash price of the hotel, the amount of points you’ll pay for a room is confined to the hotel category’s price range.

Related: Here’s how to quickly stock up on Hyatt points for your next vacation

Let’s look at an example. The Hyatt Place Park City is a Category 4 hotel, meaning you’re guaranteed to pay between 12,000 and 18,000 points per night. You can find the hotel for less than £90 per night during the slow season around the fall.

(Screenshot courtesy of Hyatt.com)

The same room costs 12,000 Hyatt points, by TPG’s current valuation that would be £48.00

 

(Screenshot courtesy of Hyatt.com)

However, if you search during peak travel season — namely, ski season — the prices are much higher at over £496.

Again, because this is a Category 4 hotel, the most you’ll be charged for a standard room is 18,000 points, which we’d value at £72. This makes the hotel a steal during ski season.

(Screenshot courtesy of Hyatt.com)

All this to say, no matter how overpriced the room rates at Hyatt get, you can still reserve a room with a reasonable amount of points.

Here’s another example: A super popular destination in the summer is Lake Tahoe. The nearby One Village Place is a Category 6 Hyatt hotel. For a night in mid-July, you’ll pay over £991 (after taxes).

(Screenshot courtesy of Hyatt.com)

You can instead use 29,000 Hyatt, TPG’s valuation for Hyatt points puts that at around £116!

(Screenshot courtesy of Hyatt.com)

Marriott also uses an unspoken award chart

While Marriott no longer publishes an award chart, it keeps most hotels within a certain award price range, regardless of the going rate for a room. You can quickly discern a hotel’s price range by clicking the “Use Points/Awards” checkbox and searching “Flexible Dates.”

Related: How to earn lots of Marriott Bonvoy points

The Aloft Miami Brickell, for example, charges between 20,000 and 30,000 points for a room which we’d value between £140-£210, no matter the cash price.

(Screenshot courtesy of Marriott.com)

Here’s another quick example: After a hasty scan, I’ve determined that the Fairfield Inn & Suites Key West costs between 40,000 and 60,000 points per night. This hotel’s cash rates can get expensive, but no matter what, I know that I won’t pay more than 60,000 points.

A night in early August costs over £400 ($500).

(Screenshot courtesy of Marriott.com)

The same night costs 50,000 Marriott Bonvoy points, which we’d value at £350.

(Screenshot courtesy of Marriott.com)

Bottom line

You can use Hyatt’s award chart and Marriott’s de facto award price bands to save big on your summer vacation — and beyond. Because of the exorbitant rates hotel rooms are selling for these days, you’re practically guaranteed to get an excellent value for your points. Think of award prices as a form of rent control.

Featured photo by courtesy of the Park Hyatt Chicago.

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.

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