Once again, we’ve witnessed a significant devaluation from Hilton Honors. The cost for standard rooms at its top-tier properties has skyrocketed to 200,000 points per night, previously capped at 150,000 points. This marks the second devaluation from Hilton Honors in just six months, with a price hike affecting select properties last December.
This adjustment impacts luxury locations, such as the Waldorf Astoria Maldives Ithaafushi, where standard award nights now require 200,000 points. This increase equates to over a 30% rise in redemption rates for Hilton’s most desirable accommodations.
This trend isn’t exclusive to the Maldives. Other upscale properties, like Waldorf Astoria Los Cabos Pedregal in Mexico, have also seen price hikes—from 140,000 to 190,000 points per night.
Additionally, the standard room awards at the South Bank in Turks and Caicos have jumped from 130,000 to 180,000 points per night, as noted by DansDeals.
A Hilton representative stated, “Just as our hotels adjust room rates based on supply and demand, we periodically review and adjust Hilton Honors pricing to align more closely with market dynamics. The Hilton Honors program remains a valuable, flexible option for our loyal customers.”
We’re also observing an increase in dynamic pricing for standard room rewards. For instance, Zemi Beach House in Anguilla is now pricing standard rooms between 110,000 and 130,000 points per night. This indicates Hilton might be transitioning towards a more flexible pricing model that was previously reserved for premium rooms.
A similar trend appears at Oceana Santa Monica, where standard room rates now fluctuate between 105,000 and 110,000 points per night.
Despite these changes, Hilton still provides opportunities for good value from your points. For instance, the fifth-night-free benefit for Hilton elite members remains intact, effectively giving you a night free with any five-night stay. You can easily obtain Hilton elite status through its cobranded credit cards, which each offer varying levels of elite status.
Moreover, free night certificates from select Hilton American Express cards continue to be uncapped, allowing you to redeem them for standard awards at numerous properties.
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Bottom line
These updates serve as a reminder to use your points rather than letting them accumulate for long periods; after all, just like currency, award prices generally inflate over time. The value of your points is likely highest right now.