At least four major hotel chains are currently offering bonus points or cash discount when you buy their points.
World of Hyatt is offering up to 40% bonus points when you buy at least 10,000 points. If you buy between 5,000 and 9,000 points in a single transaction, you will get 30% additional bonus points. If you buy 10,000 or more in a single transaction, you will receive 40% additional bonus points. 55,000 points are the maximum you can buy in one calendar year. This offer is valid for points purchased between 24-APR-2018 and 23-MAY-2018.
Promo gauge: 40% is about as good as it gets for Hyatt’s promotions.
Link: Hyatt Bonus Points Offer
Starwood Hotels and Resorts
SPG is offering 35% cash discount when you buy at least 5,000 points.
30,000 Starpoints are the maximum you can buy in one calendar year. The receiving account must have been opened for at least 14 days before you can make this transaction. Offer is valid for points purchased between 20-APR-2018 and 31-MAY-2018. Don’t forget, SPG points that you buy can be converted into Marriott Rewards points at a ratio of 1 Starpoint to 3 Marriott Reward points. From Aug 2018, SPG points will cease and they will be merged into Marriott Rewards points.
Promo gauge: Good but not brilliant, but this is the last time you can buy SPG Starpoints.
Link: Stock up on Starpoints
IHG Rewards Club is offering up to 80% bonus points. How much you get will depend on what is already personalised in your account. You have to login into your Rewards account to find out. 100,000 points are the maximum you can buy in one calendar year. This offer is valid for points purchased between 18-APR-2018 and 31-MAY-2018.
Promo gauge: We have seen offers as high as 100%, but it could be targetted to individuals.
Link: IHG Buy Points Bonus
Hilton Honors is offering 100% bonus points. 80,000 points are the maximum you can buy in one calendar year. This offer is valid for points purchased between 20-APR-2018 and 07-JUN-2018.
Promo gauge: 100% bonus is the most you could hope for. The last targeted promotion back in Feb-Mar 2018 yielded 80% bonus points for most people.
Link: Hilton Bonus Points Offer
Should you buy the hotel points?
Just for the sake of collecting the points because they are on sale, then it is a resounding NO. However, if you have plans to utilise them, then it might be worthwhile. And I say ‘might’ because sometimes during room sales promotion, the nightly cash price could work out cheaper. Generally, lower category hotels that have high cash nightly rate, or luxurious hotels with expensive nightly rates, especially during peak season, are worth the trouble.