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Leverage Hotel Points to Save Hundreds on Hotels: Part 1

In an earlier post, we talked about a strategy to use best rate guarantees to earn additional discounts or rebates off the lowest rate, potentially saving hundreds or more per hotel stay.  Today, I wanted to introduce another strategy for extremely low cost hotel stays.  Click here to visit part 2 of the hotel points series.

An underappreciated asset that many people overlook are hotel points.  And you don’t have to have any points to take advantage.

How is this possible?

Hotel points have unquestionably developed into a significant financial asset class worth billions of dollars.  This is great because there’s typically a market to buy points, and once in a while, major hotel brands will put their points up for sale.

Right now, Hilton is offering a sale where you can buy 17,000 points for $170, and earn an additional 13,600 points.

hilton-170-sale

Why is this sale interesting? 

Because 30,600 is a lot of points!  Now, you can leverage your newfound point wealth  to redeem hotel rooms at a significant discount off their cash price.

For example, 30,000 Hilton points can get you seven free nights at a Category 1 hotel (5,000 points per night, +1 free night for a point redemption of 5 consecutive nights or more if you are a Silver, Gold or Diamond member).  At $170, that’s $24.29 per night for a 7 night stay, and even at six nights, that’s only $28.33 per night!

One potential hotel you could stay at is the Hilton Salalah Resort in Oman, pictured above and recommended by The Points Guy.

hilton-salalah-resort-oman-7-night-stay

With taxes and fees, paying in cash would cost you approximately $1,050.  But you can get the same room for seven nights for only $170, earning yourself an 83% discount!

You can save even more by purchasing 50,000 points for $500 and earning an extra 50,000 points!  Assuming you only stay at category 1 hotels, you can stay 20 nights + 4 free through their 5 consecutive night promotion.  Your cost per night falls to $20.83 per night, plus any benefits you could redeem as an elite Hilton member!

Stay tuned for even more strategies on how to use points!

How have you used points to save tons of cents?

 

 

2 thoughts on “Leverage Hotel Points to Save Hundreds on Hotels: Part 1

    1. Hi Dion! Thanks for your support, as always. Here are some resources to answer your question below. I recommend making sure you have a plan to use the points before you buy them, and checking to see if any category 1 (and maybe 2) Hilton properties catch your fancy.

      1. Do these points expire? HHonors points do not expire as long as members remain active in the program. To keep an account active, members can stay at one of Hilton Worldwide’s hotels, or earn or redeem HHonors points within 12 months. (It looks like you can keep your account active by buying a basic number of points every 12 months)

      2. What stipulations might be attached to these points? The stipulations for the specific promotion are below. I’m pretty sure (but not 100%) that all points purchased can be used with the same freedom and limitations as regular points.

      The HHonors Points up to 100% Bonus with a minimum purchase is available on Points purchases made between October 6, 2016, at 12:01am ET and October 21, 2016, at 11:59pm ET. Hilton HHonorsTM and Points reserve the right to change or terminate the discount promotion at any time. All purchases must be made through the Purchase page on HHonors.com. HHonors Points purchased do not count towards elite tier qualification. HHonors Members may purchase a maximum of 80,000 HHonors Points per calendar year. Offer cannot be combined with any other offer. Points will be posted to the recipients Hilton HHonors account within 24 hours of the completed transaction. All purchases are final and non-refundable. Price includes all applicable fees. CST/HST will be charged to Canadian residents. All Hilton HHonors program terms and conditions apply. Hilton HHonorsTM membership, earning of Points and MilesTM and redemption of Points are subject to HHonors Terms and Conditions. (http://hhonors3.hilton.com/en/terms/index.html)

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