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From budget to luxe: 9 New York City hotels where you can use points

Sept. 14, 2020
13 min read
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Editor’s note: As the travel industry reopens following COVID-19 shutdowns, TPG suggests you talk to your doctor, follow health officials’ guidance and research local travel restrictions before booking that next trip. We’ll be here to help you prepare, whether you’re traveling next month or next year.

Like most of us, New York City has had quite the year.

After being hit very hard by COVID-19 in the spring, New York City has slowly begun to reopen. Still, Broadway remains dark, there are restrictions on many out-of-state visitors, a large number of restaurants are still shuttered and even some major hotels (including several on this list) aren't welcoming guests.

Hotels that are open often have lower cash rates than normal, so if you're traveling in the near future, cash (or fixed-value points) may be a better return than points at some properties.

So, while New York City may not be at the top of your 2020 travel destination list, we all know the City That Never Sleeps will one day fully reawaken. It's also likely that, when that happens, cash rates will rise and points will again be extremely useful for a trip to New York City.

In the interest of looking forward and penciling in future travel plans, here are some of the best points-friendly hotels in New York City.

Related: The best credit cards for earning hotel points

Moxy NYC Downtown

(Photo of The Moxy NYC Downtown courtesy of the hotel.)
(Photo of The Moxy NYC Downtown courtesy of the hotel.)

If you have a Marriott Category 5 certificate burning a hole in your virtual wallet, there are a handful of eligible hotels where you can cash it in for a free night. One of these remaining Category 5 hotels is the funky, hip Moxy NYC Downtown. On nights when it's pricing for 35,000 points or less, you can use your annual certificate from the Marriott Bonvoy Boundless Credit Card or Marriott Bonvoy Business® American Express® Card.

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This is a newer hotel built in 2018, and your 30,000 to 40,000 Marriott points per night can get you into a room with one king or two queen beds. While you're in the area, you'll be close to visiting One World Trade Center, the National Sept. 11 Memorial and Museum, the South Street Seaport and the Brooklyn Bridge.

Related: Review of the Moxy Times Square NYC

AC New York Times Square

AC New York Times Square (Photo by Summer Hull/The Points Guy)

Another solid, functional points-friendly option in the city is the AC New York Times Square.

Sadly, this one jumped up to a Category 6 property this year, but it's still a decent value. Despite its name, this hotel isn't really in the heart of Times Square -- which can be a good thing. The AC is on 40th Street, between Seventh and Eighth Avenues, and is home to a nice rooftop bar. Here, you're an easy walk to Times Square, Herald Square, Bryant Park, Penn Station and several major subway stops.

A room with one king or two double beds will cost you 40,000 to 60,000 Marriott points per night. During normal times, paid rates are often upwards of $300 per night. On nights when the room is pricing at 50,000 points or less, you can also choose to use an annual certificate at hotels participating in the Marriott Bonvoy program (certain hotels have resort fees) from the Marriott Bonvoy Brilliant® American Express® Card.

TRYP Times Square South

TRYP Times Square South (Photo by Jill Krause/Happy Loud Life)

Another great budget-friendly award redemption also has a Times Square name, though TRYP Times Square South also isn't in the heart of the typical Times Square madness.

(Photo by Jill Krause/Happy Loud Life.)

What makes TRYP Times Square South great on points is that you can sometimes book a family room that sleeps eight people for the same award price as a room for one or two guests. For 30,000 Wyndham Rewards points per night, you can potentially bunk up the whole crew here and stay on 35th Street between Eigth and Ninth Avenues, which really isn't Times Square, after all.

Related: The ultimate guide to earning and redeeming Wyndham Rewards

Hyatt Andaz 5th Avenue

(Photo by Benji Stawski/The Pointxs Guy)

The Andaz 5th Avenue by Hyatt is a boutique hotel, which is a midrange to almost luxe option, located across the street from the New York Public Library. With cash rates over $600 a night during normal times, it's not usually a wallet-friendly hotel.

However, 25,000 World of Hyatt points will get you a king bedroom here. Or, you can splurge on a splash suite with a huge soaking tub for 50,000 points.

TPG senior editor Nick Ewen stayed at the Andaz 5th Avenue a few years ago and gave it two thumbs up, noting that the hotel "is in the perfect location," if you're looking to visit the major sites. It's just far enough away from Times Square that you don't feel the intensity from that location. Instead, you're right across the street from Bryant Park.

If you want to earn valuable World of Hyatt points, apply for the World of Hyatt Credit Card, which currently offers a sign-up bonus of up to 60,000 points. You'll earn 30,000 Bonus Points after spending $3,000 on purchases within the first 3 months from account opening. Plus, up to 30,000 more Bonus Points by earning 2 Bonus Points total per $1 spend on purchases that normally earn 1 Bonus Point, on up to $15,000 in the first six months of account opening.

Kimpton Hotel Eventi

Kimpton Hotel Eventi (Photo courtesy of the hotel)

In Chelsea, you'll find the Kimpton Hotel Eventi. A standard room in this stylish hotel is a modest 275 square feet but comes with amenities such as floor-to-ceiling windows, marble bathrooms and a rainfall showerhead.

Kimpton is also famous for hosting a wine hour each night in its hotel lobbies. (And sometimes even has a secret password that unlocks more free goodies.)

Award night prices vary but are often between 40,000 and 70,000 IHG Rewards points. It's easy to earn IHG points along with high-tier status. To earn points and status simultaneously, apply for the IHG Rewards Premier Credit Card. This card is offering a sign-up bonus of 140,000 bonus points + 1 free night after spending $3,000 on purchases within the first three months of account opening. Along with the sign-up bonus, the card has a fourth-night reward benefit and will earn you automatic Platinum Elite status.

The IHG card also comes with an annual free night redeemable at 40,000-point properties, which could help make your stay here free.

New York Marriott Marquis

Marriott Marquis (Photo by Ben Smithson/The Points Guy)

On a normal day, Times Square is a love it or hate it location.

If it's a must-see destination on your trip, the New York Marriott Marquis is a very large, very popular hotel located in the heart of it all. Rooms can easily cost $400 or between 50,000 and 70,000 Marriott points per night for one king or two double beds -- with a pull-out couch, which is a large accommodation for New York City.

Times Square during normal times (Photo by Ben Smithson/The Points Guy)

On nights that it prices for 50,000 points per night or less, this hotel is also eligible for a free night award with certain Marriott credit cards, like the Marriott Bonvoy Brilliant® American Express® Card. Along with earning Marriott Bonvoy points, you can also earn elite status through credit cards like the Marriott Bonvoy Business® American Express® Card, which will give you complimentary upgrades (when available) and other perks.

Conrad New York Midtown

Conrad New York Midtown (Photo by Summer Hull / The Points Guy)

Have any Hilton points or a Hilton free-weekend-night certificate at your disposal?

If so, look no further than the remodeled and rebranded Conrad New York Midtown, just south of Central Park on West 54th Street. This all-suite property still has a new hotel smell after its renovation last summer.

Conrad New York Midtown (Photo by Summer Hull / The Points Guy)

Suites start at 95,000 Hilton points most nights, so this is when you really want to cash in a weekend-award night from a card such as the Hilton Honors American Express Aspire Card (weekend nights issued through 2020 are valid any day of the week). The Hilton Diamond status you get from that card will also help you out when it comes to enjoying a breakfast benefit.

The information for the Hilton Aspire Amex card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

St. Regis New York

St. Regis New York (Photo by Summer Hull/The Points Guy)

Standing proudly at 55th and Fifth Avenue since 1904, the St. Regis New York is a timeless classic, elegant and (normally) very expensive. It's exactly the kind of place most of us would never pay for with cash since rates often exceed $1,000 during normal times. But with points, a stay at this hotel can become a reality.

St. Regis New York (Photo by Summer Hull/The Points Guy)

In this case, you'll need a lot of Marriott points as it sits at the top of the award chart costing 70,000 to 100,000 points per night. But, if you can come up with the points using Marriott credit cards, hotel stays or transfers from Amex Membership Rewards or Chase Ultimate Rewards, you're virtually guaranteed a nice stay with butler service, hot chocolate in the lobby and insanely comfortable beds.

Typically, you can only book a king room with a standard points award, though other room types are available for additional points.

Related: Full review of the St. Regis New York

Park Hyatt New York

Park Hyatt New York (Photo by Mitch Bermman/The Points Guy)

Rounding out this list is the Park Hyatt New York. It's one of the city's most luxurious properties ... and you can book it without spending your cash.

The hotel has a modest 210 guest rooms, including 92 suites. There's a full-service spa, full-size indoor pool, high-end fitness center and over 350 pieces of art adorning the property. Located directly across from Carnegie Hall, and one block south of Central Park, the property is in a perfect location for tourists. However, it comes at a steep price, with paid rates typically starting around $1,000 per night.

Park Hyatt New York (Summer Hull/The Points Guy)

Related: Full review of the Park Hyatt New York

On the other hand, the award cost is much more manageable, as you'll need to redeem just 30,000 World of Hyatt points for a free night. As TPG values World of Hyatt points at 1.7 cents, you can easily get close to (or more than) double the value at this property. Suites here start at 48,000 points per night, when available.

Park Hyatt NYC Suite
( Courtesy of Patrick Messina/Park Hyatt)

If the World of Hyatt Credit Card doesn't suit your needs, consider one with transferable points like the Chase Sapphire Preferred Card. You can then transfer Ultimate Rewards points directly to Hyatt at a 1 to 1 ratio.

Bottom line

While things are weird right now, usually, booking a trip to New York City can be an incredibly expensive proposition. However, with the right amount of planning and strategizing with points, you can easily save hundreds or even thousands of dollars in hotel expenses. In some cases, you can even have a seriously upscale stay by leveraging credit cards that offer hotel elite status. When the time is right, you now know how to get the most value out of your hotel points on a future trip to the Big Apple.

Additional reporting by Brett Holzhauer/The Points Guy

Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.