-I am thinking about redeeming 180,000 points for a four-night stay at the Ritz-Carlton in Naples, FL (the beach property, not the golf resort). This property is $979 per night on my selected dates, and I can get it for $899 a night with my ABA discount. So, I'd be redeeming 45,000 points per night for a stay that would otherwise cost $899 per night. I think this is probably a pretty good use of points? I have tons of points and haven't really been redeeming many of them over the years. Any advice? If I don't redeem points at this property, I can redeem 75,000 for a 4-night stay at a SHS or FFI that's ordinarily $269/night. I'd much rather be at the RC than SHS or FFI, so the point different for the RC seems worth it. And I definitely don't feel like paying $899/night at RC or even $269 for FFI and SHS. The RC is a beautiful property (of course!). The FFI and SHS are nothing to write home about and really don't seem worth $269 or the points. Thanks in advance!
A lot of people I've come across value Marriott points at about a cent per point, for me that is pretty much the minimum value I'd redeem at. It is certainly possible to get a much greater perceived return using travel packages and burning the miles element on a 1st or Biz class flight. Of course if youd never fly first or biz there is an argument that it's just perceived value!
Its generally easier to redeem at the 1 cent plus figure in Europe, and over the past few years I've burned 250k points in London worth £3000, 250k in Paris worth €3,000, 120k in Moscow worth €1800 and 120k in Monaco saving €1500. However repeated category creep has made these values difficult to obtain now, and they're certainly tough to redeem at that kind of amount in the US. I'm planning a Roadtrip with the family burning 600k points in July visiting Ottawa, NYC, DC and Niagara and my redemption value is turning out at around 1-1.5UScents, depending upon destination.
45,000 points ror a property priced at $899/night is returning 2 UScents per point and I reckon that's cracking value. I'd certainly redeem 180k points at those rates rate than pay the cash.
Thank you for the insight! I totally forgot about the 5 for 4 deal, too. I should have thought of that one when I booked the airfare I am torn between hoarding points and spending them, but I'm not keen on paying $269 at a FFI, and $899 a night (even for a Ritz) is too rich for my blood!
We just returned from 3 nights at the Naples Ritz which cost us 180,000 points plus $50 per night upgrade to a gulf front balcony room. As platinum members, we got a 1,000 bonus for staying there (no big deal, I know). You will also be charged $28 per night for parking whether you valet or not. The resort is right on the white sand gulf, I doubt the other hotels you are considering have that location type of location. The beach chairs are free in front of the hotel and a "beach boy" helps you set them up (so you will probably want to tip him). The resort is lovely and the service was impeccable. I guess your question about whether it is "worth it" depends upon how many points you now have or whether you are saving up for a different, special trip. I would say based upon our stay that it was worth the points to be on the beach - when it rained one day, we were still in a wonderful resort with many amenities. Good luck with your decision.
Why not just go down the road some and stay at Florida Resorts | Marco Island Marriott Beach Resort, Golf Club & Spa and depending on when you wish to visit could be a better value?