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Starwood Preferred Guest Redeem & Reward Promotion

by on October 18, 2012 · 21 comments

in Starwood

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I love my Starwood Preferrred Guest points because of the phenomenal value I can get out of redemption options like Cash & Points. But redeeming for top-tier properties – like two of my hometown favorites, the W South Beach and the St. Regis Bal Harbour (review here) – can be expensive at 15,000 points + $275 per night for C&P, or 30,000 points outright for a free night redemption. However, there’s a new SPG promo called Redeem & Reward, where you can save between 30-50% of the Starpoints you redeem for award nights at a group of 21 different resorts in the U.S., Canada and the Caribbean between now and December 21.

So instead of spending 30,000 points for a free night at a top-tier property where room rates are regularly above $500, you’re spending just 15,000 points – a value of at least 3 cents per point.

The W South Beach is one of the 7 properties where you can redeem for half the amount of points as usual.

To take a quick example that packs even more value: I love the W South Beach (read my review here), one of the properties where you get a 50% rebate on your points. A quick search for room rates the first week in December shows that I could get a Wonderful Studio for 30,000 points per night or $1,366 for the room plus taxes. So with this promo, I would only be spending 15,000 points per night instead of $1,366, a value of 9.1 cents per point.

However, I also checked on the nights from December 1-6. For that redemption, the cost per night in terms of points goes down to 26,000 thanks to SPG’s fifth night free, so I’d actually need 130,000 points total (instead of 150,000 points – the rate does up towards the end of that week to 35,000 points per night). Then with my rebate, I’d only be spending a total of 65,000 points for 5 nights – a rate of only 13,000 points per night. If I paid for the same stay, I’d have to spend $6,830. So I’d be getting a value of 10.5 cents per point!

How it Works
In order to participate you must register by November 30, 2012 at 11:59 PM EST. When redeeming your Starpoints for a stay at one of the participating resorts, you must book a free night award anytime between October 21 and December 21, 2012.  Once your stay is completed, you will receive 30%, 40%, or 50% of the points you redeemed back in your account. The percentage of points that you will receive back depends on where you stay. Here’s a list of the participating resorts and the discount percentage you earn at each.

50% savings:
The St. Regis Aspen Resort, Colorado, USA
The St. Regis Bahia Beach Resort, Puerto Rico, USA
The St. Regis Bal Harbor Resort, Miami Beach, Florida, USA
The St. Regis Monarch Beach, Dana Point, California, USA
The Phoenician, a Luxury Collection Resort, Scottsdale, Arizona, USA (although this hotel’s web site says it has no SPG participation)
W South Beach, Miami Beach, Florida, USA
The Westin Diplomat Resort & Spa, Hollywood, Florida, USA

40% savings:
W Retreat & Spa — Vieques, Puerto Rico, USA
The Westin Trillium House, Blue Mountain, Ontario, Canada
The Westin St. John Resort & Villas, Virgin Islands, USA
The Westin Mission Hills Resort & Spa, Rancho Mirage, California, USA
The Westin Grand Cayman Seven Mile Beach Resort & Spa, Cayman Islands
The Westin Resort & Casino, Aruba
Sheraton Nassau Beach Resort & Casino, Bahamas

30% savings:
Sheraton Steamboat Resort, Steamboat Springs, Colorado, USA
Sheraton Wild Horse Pass Resort & Spa, Chandler, Arizona, USA
The St. Regis Deer Valley, Park City, Utah, USA
The Westin Kierland Resort & Spa, Scottsdale, Arizona, USA
The Westin La Cantera Hill Country Resort, San Antonio, Texas, USA
The Westin Savannah Harbor Golf Resort & Spa, Georgia, USA
The Westin Whistler Resort & Spa, British Columbia, Canada

The Terms & Conditions
Only standard rooms booked as Free Night Award redemptions are eligible for this promotion. So no Cash & Points awards! Any rooms which are booked using Cash and Points, Nights & Flights and 50% off Awards, are not eligible. If you booked an Award Night at a participating resort prior to the promotion and the stay falls within the promotion period, that stay will be eligible. This offer cannot be combined with any other promotion and is only applicable to single members, not groups.  The Starpoints that you receive back through Redeem & Reward will post within 4-6 weeks.

Although you have to have the total amount of points necessary for a regular redemption and then are refunded a percentage of them later, this promotion could add up to some huge savings and amazing point values if you redeem wisely, and at least at the properties I checked including the W South Beach, the St. Regis Bal Harbour and the St. Regis Aspen, there seems to be tons of award night availability for the promo period, so start making your reservations!

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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  • JamesBW

    Does the “5th Night Free” redemption option not conflict with the fine print disclaimer “This offer cannot be combined with any other promotion”? Just hoping for some verification that the “5th Night” is not considered by SPG as a “promotion”..

  • thepointsguy

    I don’t see why it would- 5th night free is not a promotion, but rather a feature of the program

  • LynchMob

    How do you accrue so many starpoints? With limited CC bonuses, Starpoints seem near impossible to accumulate

  • John

    I see that it’s a REBATE. That means you would need to have the regular amount of SPG points in the first place i.e. (30,000 x 3 = 90,000) for 3 nights and wait for the rebate of (30-50%) at a later date, correct?

  • Santastico

    Who would pay $1,366+taxes per night to stay in Miami?

  • Santastico

    That is also my understanding. I tried to book a stay at spg.com just to see and since I did not have all the points needed in my account it would not allow me to proceed.

  • The Points Guy

    Yes that is correct, as the T&C quoted in the post say: “Once your stay is completed, you will receive 30%, 40%, or 50% of the points you redeemed back in your account.” So it’s a rebate that posts after your stay.

  • http://www.facebook.com/johnruda John Ruda

    Great deal! I’m very curious about The Phoenician’s participation in this promo. Perhaps they will be participating in the SPG program going forward? It’s a great resort with fantastic service.

  • John

    Gah, TPG… Made a weekend reservation at St Regis Dana point because of this post. 20,000 for two night stay ain’t so BAD at st regis =D

  • Michael

    Hey Brian I think you may be mixing up the Phoenician Residences and The Phoenician Resort. The Phoenician residences I believe is an exclusive hotel within a hotel and I believe they do not participate in SPG while the Phoenician Resort does.

  • Ryan K

    How do you see the varying point prices instead of seeing the set 30,000/cat. 7?

  • http://www.facebook.com/profile.php?id=719531696 Sam Wolfe

    I’m giving W South Beach a (second) whirl thanks to your post!

  • tourretes

    You forgot to mention that Starwood is also running a promotion where you can buy starpoints at 20% off.

  • John

    You need to book at full points. After your stay, they refund you 30-50% of your point used.

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  • http://twitter.com/LoyaltyTraveler Ric Garrido

    @The Points Guy – your award stay calculation for W South Beach 5 night stay is incorrect. The 5th night free award for Dec 1-5 is 130,000 points with 65,000 points rebated through this promotion.

    The 26,000 points per night is a result of the hotel changing from low season 30,000 points per night to peak season 35,000 points per night on the 3rd night of your sample stay December 1-6.

    December 1 = 30,000 points.
    December 2 = 30,000 points.
    December 3 = 35,000 points.
    December 4 = 35,000 points.
    December 5 – 5th night free.

    130,000 points for 5 night stay = 26,000 points per night for 5 nights.

    The final cost of this stay after the rebate will be 65,000 points and not 52,000 points.

    Still a great deal if you have 130,000 points to spend and want to hang out at W South Beach for 13,000 points per night.

  • C.E.B.S.

    Just changed my 2 day C&P stay at the St. Regis Bal Harbor in December – same amount of points deducted, no cash necessary. Thanks TPG.

  • The Points Guy

    Thanks for pointing that out Ric – the SPG site calculates things more efficiently than I gave it credit for! I redid the numbers to reflect the correct rate.

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  • Msheets501

    I just spent 5 nights at the St. Regis Monarch Beach under this promotion and was told by the reservationist that I was eligible for both 50% back and 5 th night free. The resort was lovely but lobby lounge is under construction.

  • vortix

    TPG likely has a significant amount of CC spend.

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