It was a phenomenal resort, in the middle of nowhere (with the good and bad that comes from that), and at the time I considered it to be one of the very best uses of hotel points. It’s a top reward category 6 property in the Hyatt Gold Passport program, 22,000 points per night, and that gets you a villa that frequently runs $1000 per night.
Rates aren’t always that high, villas can often be had in the $750 range. And the property itself isn’t an inexpensive place to be — roundtrip air/boat transfers from the Male airport run ~ $400 per person. Food is expensive (though breakfast is included for all guests). Excursions are very high priced. But the points open up amazing possibilities.
There are some sales, though, running through both Etihad (using promo code PHMEY1 valid until December 31) and Qatar (using promo code PHMQA valid until November 30) that bring down the price substantially, it’s advertised as 50% off and actually is 50% off.
And that calls into question my entire points-value calculation. When rooms are going for $750, and a 50% off sale brings that down to $375, spending 22,000 points per night is no longer quite the value that it was. It’s still a good, solid, Gold Passport redemption similar to what you might get for a category 6 property in Manhattan though.
I’m not sure I’ve ever paid $375 for a single night in a hotel, ever. I do think this hotel is more than worth that price point, no brainer. And at that margin I don’t think I’d want to redeem my Gold Passport points to go… So the question becomes, knowing the villas get discounted that way, would the sale make you pay for a room, or not go altogether because it’s still too much money but no longer as good a value use of points?
(HT: Loyalty Lobby)