I’m a big believer in using a hotel program’s Best Rate Guarantee (BRG) program to help reduce costs. Not only can you get a lower rate, you’re rewarded in some fashion for finding that lower rate outside of a hotel’s normal booking channel. Now you have additional incentive to shop around before booking.
Like the new SPG Nice Choice promotion, SPG’s BRG program offers you a choice if you find a lower rate somewhere else. You can choose to either receive 2,000 Starpoints and have the rate matched, or receive an additional 10 percent off of the lower rate.
For the budget traveler, finding a BRG and taking the 2,000 Starpoints can be very beneficial if you’re doing one-night stays. Using a 2.5 cent valuation for Starpoints, you’re looking at approximately $50 worth of points. On a one night stay with a sub-$100 rate, the 2,000 points pays for more than half of your stay. At the same time, you’re also padding your account balance. With SPG’s Cash and Points redemption you can stretch your points even further. Redemption values with Cash and Points are often well over 4 cents per point.
If you’re looking at taking an additional 10 percent off of your rate, it’s probably better used on a multi-night stay. For the 10 percent off to equal the $50 in Starpoints, that means you’d be paying $500 for a hotel room. If that’s the case, you’re probably not too worried about saving $50. So for a multi-night stay, add up your daily savings to get your total room cost and see how the math works out for you. SPG will compare based on the total room cost.