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Ugh, inflation. We all know about gas, home and flight prices, but hotels are impacted too. The major hotel brands are reporting double digit rate increases over last year. Did I already say ugh???
Our niece is coming to town soon, and we were looking to reserve a hotel room for her. In the past, we’ve had family members stay in one of two hotels down the street from our house. We live in the suburbs, and the rates are usually reasonable (like $100 or lower). Last summer, we paid a rate of just $86 a night.
Well, the rates are a bit higher now. For the night we need, the cheapest rate is $160+. The points rate is also absurd.
So, I turned to my favorite hotel brand, Hyatt. While we don’t have a Hyatt Place down the street from our house, there are a few locations within a 10-15 minute drive. I have a steady flow of Hyatt points from my Chase World of Hyatt credit card and my Chase Sapphire Preferred card.
Thankfully, the Hyatt Place hotels near me are Category 1 hotels. For just 5000 World of Hyatt points, I booked a night for my niece. Yay!
I know that in the miles and points hobby we deal with our own inflation in the form of devaluations from award chart changes and loss of benefits. However, I’m very grateful that there are still bargains to be had using miles and points.
Are you finding some great deals on points compared to cash prices lately?
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Author: Nancy
Nancy lives near Dallas, Texas, with her husband and three kids. Her favorite vacations include the beach, cruising and everything Disney.
Hyatt Place Austin Airport is a Category 1 property that often requires on-peak 6,500 points. Even so, that’s a bargain considering the cash rate often approaches $200 per night.
@Quo Vadis Definitely a bargain!
I attended a miles and points meetup in Nashville on Saturday but only decided to go a few days beforehand. I expected high cash prices but still got sticker shock at the $300+ for mid-level hotels not even located downtown and $400+ for good downtown hotels. Instead I used a soon-to-expire Marriott 35K certificate on the Fairfield Vanderbilt (about $300 IIRC). Likewise I put up the in-laws at a Hyatt place category 2 when they come to visit my wife and I since the hotel often goes for around $200 a night.
@Christian I’m glad you were able to save on those absurd hotel prices. Oy!