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How I saved 33,500 points on upcoming hotel stays

Feb. 11, 2021
8 min read
DoubleTree Resort by Hilton Fiji
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Although my husband JT and I aren't currently traveling, we have many trips planned for mid- and late 2021. In particular, we've already redeemed 763,500 hotel points for 61 award nights later this year.

These hotel award bookings are all fully refundable, so we can cancel and get our points back until shortly before each stay. And, especially in programs like IHG Rewards and Hilton Honors that don't have an award chart, booking awards now guards against future price jumps or devaluations.

Last weekend, I went through all of our hotel bookings. And for each stay, I determined whether to cancel and rebook. After all, some hotels currently offer inexpensive but flexible paid rates. And thanks to dynamic pricing in the Hilton Honors program and IHG Rewards program — as well as peak, standard and off-peak pricing and other promotions in the Marriott Bonvoy program — it's also worth checking whether award rates have dropped.

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In combing through our upcoming reservations, I was able to rebook six stays at lower award rates. In doing so, I saved 33,500 points: 11,500 IHG Rewards points, 4,000 Marriott Bonvoy points and 18,000 Hilton Honors points. Based on TPG's valuations, these points are worth about $197.

Let's take a closer look at how I saved by rebooking award stays in each program.

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Hilton Honors

View from a room at the Ramses Hilton in Cairo. (Photo by Carissa Rawson/The Points Guy)

Going into last weekend, we had three five-night award stays booked with Hilton Honors in mid- to late 2021. These 15 nights across three stays cost a total of 172,000 Hilton Honors points. But I was able to rebook two of these stays as follows to save a total of 18,000 Hilton Honors points:

  • DoubleTree by Hilton Hotel Cape Town - Upper Eastside in Cape Town, South Africa: Five-night stay in a queen guest room repriced from 56,000 points to 48,000 points
  • Ramses Hilton in Cairo: Five-night stay in a king guest room with city view repriced from 64,000 points to 54,000 points

Based on TPG's valuations, the 18,000 Hilton Honors points we saved are worth $108. We also have a second award stay booked at the DoubleTree in Cape Town, but this stay didn't decrease in price for our dates.

We also have a three-night paid booking at the Hilton Luxor Resort & Spa in Egypt. But unless the points cost drops significantly, we'll likely keep our paid rate. After all, we tend to save our Hilton Honors points for five-night stays since Hilton Honors elites get a fifth night free when paying with points.

Related: My approach to hotel loyalty and why I’ve mostly ignored Hyatt, Hilton and Wyndham

IHG Rewards

The Peak Tram in Hong Kong. (Photo by phaitoons/Getty Images)

We frequently stay with IHG hotels, despite limited elite perks.

Indeed, the primary reason we stay with IHG is the excellent value we can get when redeeming IHG Rewards points. Plus, thanks to our IHG Rewards Premier Credit Card, we get a fourth night reward when redeeming IHG points. This benefit lets us to pay zero points for every fourth night on award stays of three nights or longer.

So far, we've redeemed 452,500 IHG Rewards points for 33 nights across eight stays later in 2021. Last weekend I reviewed each of these reservations, and I was able to rebook three stays as follows to save a total of 11,500 IHG Rewards points:

  • Holiday Inn Express Causeway Bay Hong Kong: Four-night stay in a standard room repriced from 52,500 points to 48,000 points
  • Crowne Plaza Changi Airport: One-night stay in a deluxe room with a king bed repriced from 32,500 points to 30,000 points
  • Holiday Inn Express Causeway Bay Hong Kong: A second four-night stay in a standard room a month later repriced from 52,500 points to 48,000 points

It's not a mistake that the Holiday Inn Express Causeway Bay in Hong Kong is listed twice. We're planning to stay at the same hotel in Hong Kong on two different trips about a month apart in late 2021.

Interestingly, most of our other IHG Rewards stays increased in points cost since I initially booked. So although it's still possible to get great value from IHG Rewards points, I recommend redeeming IHG Rewards points now to lock in reasonable rates. Thanks to IHG's switch to dynamic pricing, the value of IHG points could drastically decrease at any time.

Related: 6 ways IHG Rewards should improve its loyalty program

Marriott Bonvoy

A larger king room at the Protea Hotel Kruger Gate in South Africa. (Photo by Katie Genter/The Points Guy)

I've felt less urgency to redeem Marriott Bonvoy points. Sure, redeeming for specific dates at a particular property may slightly change in price over time based on monthly adjustments to peak, standard and off-peak dates and PointSavers pricing. And some properties will change award category on March 3. Plus, you can also currently get a 10% discount on off-peak rates for stays through Sept. 30, 2021, when you book by Feb. 21.

But since we tend to stay at low-category Marriott Bonvoy hotels and Marriott Bonvoy still maintains an award chart, the award price of a specific night typically won't change much if I wait to book. As such, we've only booked three Marriott Bonvoy stays for later this year using a total of 139,000 points.

However, I still saved some Marriott points last weekend by rebooking one of our Marriott Bonvoy stays. In particular, I rebooked our three-night stay at the Category 2 Courtyard Kuwait City when two nights switched from peak to standard. Our original booking cost 39,000 Marriott Bonvoy points while our new booking costs 35,000 points. By rebooking, we saved 4,000 Marriott Bonvoy points, which are worth $32 based on TPG's valuations.

I'll continue checking the Courtyard Kuwait City in hopes of further point drops. Likewise, I'll continue to check my two award bookings at the Category 2 Protea Hotel Kruger Gate, a fantastic property just outside Kruger National Park in South Africa. Finally, I'll likely book some additional Marriott award stays before the 10% discount on off-peak rates ends on Feb. 21, 2021.

Related: Why TPG's Andrew Kunesh is earning more Marriott Bonvoy points during the pandemic

Bottom line

I added 33,500 points back into my husband's and my hotel loyalty accounts last weekend by merely canceling and rebooking six reservations. Based on TPG's valuations, these points are worth $197.

Admittedly, over the last few months, I've liberally booked IHG Rewards and Hilton Honors award stays for mid- to late 2020. After all, there are ample opportunities to redeem points in both programs at better rates than was typically possible before the pandemic. As such, I've snagged awards to lock in these low rates. Plus, by keeping our account balances relatively low in these programs, I'm also protecting us against any devaluations that may occur.

I didn't expect my award night sweep last weekend to unearth so many rebooking opportunities. Since I was successful, I plan to do a similar sweep at least once a month. After all, although Hilton Honors and IHG Rewards seem to reprice award nights much more frequently, Marriott Bonvoy has told us that peak, standard and off-peak dates for each property are changed once a month.

Featured image by KATIE GENTER/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.

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  • For a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • Earn 1 Point per $1 spent on all other purchases
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TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
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3XEarn 3 Points per $1 spent at Restaurants and Supermarkets
3XEarn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
1XEarn 1 Point per $1 spent on all other purchases
  • Intro Offer
    For a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

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  • Annual Fee

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  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    670-850
    Excellent, Good

Why We Chose It

The Citi Premier’s 3 points per dollar spent across a wide range of popular categories is one of the more lucrative offerings in the world of points and miles. The Citi Premier comes with a $95 annual fee and is currently offering a solid sign up bonus of 80,000 points after you spend $4,000 on purchases within the first three months. It also has some valuable transfer partners to make the most of your rewards. Add in access to Citi Entertainment plus a $100 hotel credit for any single-stay hotel booking that exceeds $500 or more, excluding taxes and fees, booked through the Citi travel website, there are few reasons why the Citi Premier should not be in every traveler’s wallet.

Pros

  • Earns 3x points on restaurants, supermarkets, gas stations, air travel and hotels.
  • $100 annual hotel savings benefit (on single hotel stay bookings of $500 or more, excluding taxes and fees, booked through thankyou.com)
  • Points transfer to 16 airline programs, from JetBlue to Virgin Atlantic.
  • World Elite Mastercard benefits, extended warranty, damage and theft protection.

Cons

  • $95 annual fee
  • Lacks travel protections that other travel rewards cards come with
  • For a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • Earn 1 Point per $1 spent on all other purchases
  • Annual Hotel Savings Benefit
  • 80,000 Points are redeemable for $800 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases