I usually aim for $0.04/point

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4 cpp is great value. 2.5 is pretty good D1, that's about where SPG points are valued.

Also OP, next time reply under a thread instead of a new one.

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Geez I got 2.5 and was feeling pretty good

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Stayed at the Sheraton in Maldives in an OWB, was only 80k for 5 nights. Rates were close to $1k/night during high season.

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Correct, and as others have mentioned, I book rooms during high demand time (eg super bowl, mardi gras, marathons, new years, etc...)

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4 cpp is amazing - $800/night equivalent for 20k points? Where are these properties???

Asia has lots of great value, especially at higher end properties as well as booking last minute.

^more likely a 12k points stay for ~$480 due to a high demand time

Ahh so you also got 5th night free

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