The Best Points-bookable Hotels in the World (Updated w/ Point Values)

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Travel & Leisure recently published their World’s Best Awards for 2020. Using survey data, they rated the world’s best destinations, airlines, resorts, etc. For this post, I targeted The Top 100 Hotels in the World. In a prior version of this post, I listed the top hotels from this list that are points-bookable.  Now, I’ve added point values. Which of the top 100 hotels in the world offer the best value with points?

For each of the hotels in the Top 100, I determined which hotel brands or affiliations they belong to and whether or not they were bookable with hotel points. Almost all are bookable with bank points (such as Chase Ultimate Rewards points), but my goal was to find those bookable specifically with hotel points: Marriott points, Hilton points, IHG points, etc. Bank points usually give you a fixed value based on the hotel price. Hotel points, though, sometimes offer the opportunity to get outsized value. That’s what I found…

World’s Best Points-Bookable Hotels & Resorts

The following are all of the points-bookable hotels & resorts from Travel & Leisure’s Top 100 Hotels in the World list.  The properties are sorted from best value for your points to worst (see the Deal Metric section at the bottom of this post for details):

Excellent value when booking with points

Waldorf Astoria Maldives Ithaafushi

best points-bookable hotels

  • Position on Travel & Leisure List: #5
  • Brand or Affiliation: Hilton Waldorf Astoria
  • Bookable with Hilton Honors points: 120,000 points per night
  • Observed Prices & Value
    • Average nightly rate: $2,069.60
    • Average points per night: 96,000
    • Verdict: Excellent Point Value
      • Deal Metric: 379%
      • Cents Per Point: 2.16
      • RRV: 0.45
  • Greg’s Notes: The point values shown here assume booking your stay at standard rates (120K points per night and with the 5th night free). I wasn’t able to find availability for the chosen dates.

Waldorf Astoria Los Cabos Pedregal, Cabo San Lucas, Mexico

Waldorf Astoria Los Cabos Pedregal, Cabo San Lucas, Mexico

  • Position on Travel & Leisure List: #72
  • Brand or Affiliation: Waldorf Astoria
  • Bookable with Hilton Honors points: 120,000 points per night
  • Observed Prices & Value
    • Average nightly rate: $1,186.33
    • Average points per night: 96,000
    • Verdict: Excellent Point Value
      • Deal Metric: 175%
      • Cents Per Point: 1.24
      • RRV: 0.45
  • Greg’s Notes: The point values shown here assume booking your stay at standard rates (120K points per night and with the 5th night free). I wasn’t able to find availability for the chosen dates.

Canaves Oia Epitome, Santorini, Greece

Best Points-bookable Hotels

  • Position on Travel & Leisure List: #8
  • Brand or Affiliation: Small Luxury Hotels of the World (SLH)
  • Bookable with World of Hyatt points: 40,000 points per night
  • Observed Prices & Value
    • Average nightly rate: $1,312.50
    • Average points per night: 40,000
    • Verdict: Excellent Point Value
      • Deal Metric: 119%
      • Cents Per Point: 3.28
      • RRV: 1.50

The St. Regis Florence

Best Points-bookable Hotels

  • Position on Travel & Leisure List: #40
  • Brand or Affiliation: St Regis
  • Bookable with Marriott Bonvoy points: 85,000 points per night standard; 70,000 off-peak; 100,000 peak
  • Observed Prices & Value
    • Average nightly rate: $1,048.53
    • Average points per night: 70,000
    • Verdict: Excellent Point Value
      • Deal Metric: 106%
      • Cents Per Point: 1.48
      • RRV: 0.72

Canaves Oia Boutique Hotel, Santorini, Greece

Canaves Oia Boutique Hotel, Santorini, Greece

  • Position on Travel & Leisure List: #76
  • Brand or Affiliation: Small Luxury Hotels of the World (SLH)
  • Bookable with World of Hyatt points: 40,000 points per night
  • Observed Prices & Value
    • Average nightly rate: $1,125.00
    • Average points per night: 40,000
    • Verdict: Excellent Point Value
      • Deal Metric: 88%
      • Cents Per Point: 2.81
      • RRV: 1.50

Necker Island, British Virgin Islands

Richard Branson and Necker Island

  • Position on Travel & Leisure List: #41
  • Brand or Affiliation: Virgin Limited Edition
  • Bookable with Virgin Atlantic Flying Club points: 1.5 million miles for 7 nights all-inclusive
  • Observed Prices & Value
    • Average nightly rate: $5,150.00
    • Average points per night: 214,286
    • Verdict: Excellent Point Value
      • Deal Metric: 85%
      • Cents Per Point: 2.40
      • RRV: 1.30
  • Greg’s Notes: Requires Virgin Atlantic Silver Elite status to book with miles. Individual rooms may only be booked during select “Celebration Weeks”.

Tambo del Inka, a Luxury Collection Resort & Spa, Sacred Valley, Peru

Best Points-bookable Hotels

  • Position on Travel & Leisure List: #12
  • Brand or Affiliation: The Luxury Collection
  • Bookable with Marriott Bonvoy points: 50,000 points per night standard; 40,000 off-peak; 60,000 peak
  • Observed Prices & Value
    • Average nightly rate: $512.53
    • Average points per night: 40,667
    • Verdict: Excellent Point Value
      • Deal Metric: 61%
      • Cents Per Point: 1.16
      • RRV: 0.72

The St. Regis Mexico City

  • Position on Travel & Leisure List: #73
  • Brand or Affiliation: St Regis
  • Bookable with Marriott Bonvoy points: 60,000 points per night standard; 50,000 off-peak; 70,000 peak
  • Observed Prices & Value
    • Average nightly rate: $541.73
    • Average points per night: 48,667
    • Verdict: Excellent Point Value
      • Deal Metric: 54%
      • Cents Per Point: 1.11
      • RRV: 0.72

Santa Monica Proper Hotel, Santa Monica, California

Santa Monica Proper Hotel, Santa Monica, California

  • Position on Travel & Leisure List: #60
  • Brand or Affiliation: Design Hotels
  • Bookable with Marriott Bonvoy points: 60,000 per night
  • Observed Prices & Value
    • Average nightly rate: $616.70
    • Average points per night: 53,333
    • Verdict: Excellent Point Value
      • Deal Metric: 50%
      • Cents Per Point: 1.08
      • RRV: 0.72

Good value when booking with points

La Peer Hotel, West Hollywood, California

La Peer Hotel, West Hollywood, California

  • Position on Travel & Leisure List: #77
  • Brand or Affiliation: Kimpton
  • Bookable with IHG Rewards Club points: Varies
  • Observed Prices & Value
    • Average nightly rate: $336.99
    • Average points per night: 43,000
    • Verdict: Good Point Value
      • Deal Metric: 21%
      • Cents Per Point: 0.78
      • RRV: 0.65

Cala de Mar Resort & Spa Ixtapa, Mexico

Best Points-bookable Hotels

  • Position on Travel & Leisure List: #38
  • Brand or Affiliation: Preferred Hotels & Resorts
  • Bookable with Choice points: 55,000 per night
  • Observed Prices & Value
    • Average nightly rate: $518.15
    • Average points per night: 55,000
    • Verdict: Good Point Value
      • Deal Metric: 16%
      • Cents Per Point: 0.94
      • RRV: 0.81

Fair value when booking with points

The Ritz-Carlton, Bali, Indonesia

best points-bookable hotels

  • Position on Travel & Leisure List: #4
  • Brand or Affiliation: Ritz-Carlton
  • Bookable with Marriott Bonvoy points: 50,000 points per night standard; 40,000 off-peak; 60,000 peak
  • Observed Prices & Value
    • Average nightly rate: $319.20
    • Average points per night: 43,333
    • Verdict: Fair Point Value
      • Deal Metric: 4%
      • Cents Per Point: 0.75
      • RRV: 0.72

Raffles Istanbul

Best Points-bookable Hotels

  • Position on Travel & Leisure List: #7
  • Brand or Affiliation: Raffles
  • Bookable with Accor Live Limitless points: Depends on cash rate. 2,000 points = 40 Euros.
  • Observed Prices & Value
    • Average nightly rate: $523.67
    • Average points per night: 22,208
    • Verdict: Standard Point Value (Accor points are fixed at 2 Euro cents per point)
      • Deal Metric: 0%
      • Cents Per Point: 2.36
      • RRV: 2.36

Poor value when booking with points

The Middle House, Shanghai

The Middle House, Shanghai

  • Position on Travel & Leisure List: #69
  • Brand or Affiliation: Preferred Hotels & Resorts
  • Bookable with Choice points: 55,000 per night
  • Observed Prices & Value
    • Average nightly rate: $318.59
    • Average points per night: 55,000
    • Verdict: Very Poor Point Value
      • Deal Metric: -28%
      • Cents Per Point: 0.58
      • RRV: 0.81

Kasbah Tamadot, Atlas Mountains, Morocco

Kasbah Tamadot, Atlas Mountains, Morocco

  • Position on Travel & Leisure List: #79
  • Brand or Affiliation: Virgin Limited Edition
  • Bookable with Virgin Atlantic Flying Club points: 255,000 miles for 3 nights
  • Observed Prices & Value
    • Average nightly rate: $844.29
    • Average points per night: 102,000
    • Verdict: Very Poor Point Value
      • Deal Metric: -36%
      • Cents Per Point: 0.83
      • RRV: 1.30

The Sukhothai Bangkok

Best Points-bookable Hotels

  • Position on Travel & Leisure List: #37
  • Brand or Affiliation: Small Luxury Hotels of the World (SLH)
  • Bookable with World of Hyatt points: 15,000 points per night
  • Observed Prices & Value
    • Average nightly rate: $130.11
    • Average points per night: 15,000
    • Verdict: Very Poor Point Value
      • Deal Metric: -42%
      • Cents Per Point: 0.87
      • RRV: 1.50

Top Hotel Brands & Affiliations

Here are the brands and hotel affiliations that appeared more than once in the Top 100 list, along with a few points-bookable brands that appeared just once:

Brand or Affiliation # in Top 100 Rewards Program
Leading Hotels of the World (LHW) 12 Leader’s Club
Relais & Chateaux 10 None
Preferred Hotels & Resorts 7 I Prefer
Marriott 5 Marriott Bonvoy
Small Luxury Hotels of the World (SLH) 5 World of Hyatt*
And Beyond 3 None
Hilton Waldorf Astoria 2 Hilton Honors
Mandarin Oriental 2 Fans of M.O.
Oberoi Hotels 2 None
The Leela Palaces 2 Leela DISCOVERY
Virgin Limited Edition 2 Flying Club
Raffles 1 Accor Live Limitless
Kimpton 1 IHG Rewards Club

* Many but not all SLH properties partner with World of Hyatt to offer benefits to Hyatt members.

Out of the brands and affiliations listed above (and also including a single Raffles hotel from the Top 100 list), these are likely of most interest to those of us who collect points and miles:

  • Preferred Hotels & Resorts: Preferred Hotels & Resorts has it’s own rewards program called I Prefer, but it is also loosely affiliated with Choice Privileges.  Some, but not all Preferred Hotels & Resorts properties can be booked with Choice points.  You can find participating properties here.  Those with Amex Membership Rewards points can transfer to Choice Privileges 1 to 1.  This is usually a poor use of points.
  • Small Luxury Hotels of the World (SLH):  Many but not all SLH properties partner with World of Hyatt to offer benefits to Hyatt members, including the ability to earn or redeem points.  Participating properties can be found here.  More details can be found in our World of Hyatt Complete Guide.  Those with Chase Ultimate Rewards points can transfer to Hyatt 1 to 1.
  • Marriott: Those with Amex Membership Rewards or Chase Ultimate Rewards points can transfer to Marriott 1 to 1.  This is usually a poor use of points.
  • Hilton: Those with Amex Membership Rewards can transfer to Hilton 1 to 2.  This is usually a poor use of points.
  • Virgin Limited Edition: Virgin Limited Edition properties can be booked with Virgin Atlantic Fly Club miles.  Points can be transferred 1 to 1 from Amex Membership Rewards, Chase Ultimate Rewards, or Citi ThankYou Rewards.  Additionally, points can be transferred from Marriott Bonvoy: 60,000 Marriott points becomes 25,000 Virgin Atlantic miles.
  • Raffles: Raffles belongs to the Accor Live Limitless (ALL) loyalty program.  Those with Capital One “miles” can transfer to Accor 2 to 1 (1,000 to 500).

Methodology

Finding Hotels

I compiled my list by researching every hotel on Travel & Leisure’s Top 100 Hotels in the World list.

For each of the 100 hotels, I determined whether or not they were bookable with hotel points.  Almost all are bookable with bank points (such as Chase Ultimate Rewards points), but my goal was to find those bookable specifically with hotel points: Marriott points, Hilton points, IHG points, etc.  Bank points usually give you a fixed value based on the hotel price.  Hotel points, though, sometimes offer the opportunity to get outsized value.  That’s what I wanted to find.

The Deal Metric

With each of the points-bookable properties, I looked up paid rates and point rates for each of the following date ranges:

  • December 26-31 2020
  • March 7-12 2021
  • June 20-25 2021

For all points-bookable hotels, I calculated the average cents per point value one would get from using hotel points instead of cash.  I then compared that cents per point value to our Reasonable Redemption Value (RRV).  Here are the current RRVs for each of the qualifying loyalty programs:

  • Accor: Points have a fixed value of 2 Euro cents per point (approx 2.36 US cents per point)
  • Choice: 0.81 cents per point
  • Hilton: 0.45 cents per point
  • Hyatt: 1.5 cents per point
  • IHG: 0.65 cents per point
  • Marriott: 0.72 cents per point
  • Virgin Atlantic: 1.3 cents per point

If the observed cents per point is better than the RRV, then we can say that it is a good deal to use points.  In order to decide how good of a deal, I divided the observed cents per point by the RRV to create the deal metric as a percentage.  The Deal Metric tells us what percent better (or worse) the deal is for this hotel compared to the average use of these points (RRV).  To make this metric useful, I converted the results into words as follows:

  • > 30%: Excellent Value
  • >15% to 30%: Good Value
  • 0% to 15%: Fair Value
  • -20% to <0%: Poor Value
  • < -20%: Very Poor Value

Bottom Line

Sixteen of Travel & Leisure’s Top 100 Hotels can be booked with hotel points or airline miles.  Of these, nine hotels offer excellent value for your points compared to cash prices.  Unfortunately, with the two best deals (both of which are Waldorf Astoria properties), it’s hard to find availability for standard priced awards.  The rest of the top 9, with the notable exception of Necker Island, are less challenging to book with points.

Note that just because a property offers great value for its points compared to cash prices doesn’t mean that it offers great value overall.  For example, if a hotel is grossly overpriced, you may pay substantially less with points than with cash but it may still be a poor value for what you get.

Also note that a hotel’s existence on the Top 100 list doesn’t necessarily mean that it is a great hotel.  The surveys used to collect this data are inevitably biased and incomplete.  I can personally vouch for Necker Island as deserving to on the list.  On the other hand, Nick takes exception to Kimpton La Peer’s placement.  He agrees that it’s a good hotel, but he definitely doesn’t think it deserves a top 100 placement.  Here’s what he previously wrote:

For what it’s worth, I stayed at the Kimpton La Peer last year. It was fine, but I definitely wouldn’t have it on a list of the top 15 city hotels in the US. The lobby has a swanky vibe, but the rooms were not more than average and the hotel has an awkward layout. It’s a good value if that’s where you want to be — but keep in mind that they charge a $30 per night destination charge. The restaurant was fine for breakfast, but not notable.

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