Hilton launched their Premium Room and Points And Money rewards last year. The other week, I wrote about my Points And Money reward at Hilton Fiji. I have also written about the Premium Room Rewards at Hilton Abu Dhabi where I was thinking of staying at late last year.
When I have looked at these Premium Room Rewards, the Hilton has always valued the Hilton HHonors point from anywhere between $0.003 and $0.007. The price using points is directly linked to the price of the room/suite. It sometimes creates a situation where this Premium Room Reward actually costs less than the basic level room reward for the hotel in question. Also, there is/was a Get Points Back Promotion where Hilton would credit back 30% of the points used back for Points And Money & Premium Room Rewards.
After having had a great stay at the Hilton’s Waldorf-Astoria in Shanghai, I wanted to stay at the Hilton Shanghai as well. The rates there were rather high and couldn’t get the price to come down using any of the discount codes that I am eligible for.
The regular redemption rates at this hotel are 35000 Hilton HHonors points per night, but there was also Premium Room Rewards available starting at less than 31000 points per night. I decided to book the Premium Room Reward because I had a hunch that I might get the 30% of the used points back, although the reservation was done after the official cut off time.
Lo and behold. The stay posted to my account and there was again the line for Get Points Back Promo essentially making this award cost 21647 Hilton HHonors points. The “value” of a Hilton HHonors point, considering the paid rates and after getting 30% of the points back, was around $0.01/Hilton HHonors point.
This Get Points Back-promotion proves why it always makes sense to sign up for the promotions even if you are not initially planning to use them. I had absolutely no plans to use these new awards, but I have already done it twice and saved nice number of Hilton HHonors points in the process.