I am writing another post about a great point redemption in Miami for a one night stay in mid January. Again, I am just looking for a quick less than 24 hour stay in Miami away from the hustle and bustle but still at a nice hotel that I can enjoy and feel like I am on vacation. My discover is the Hyatt Regency Coral Gables at 12,000 points per night. Compare this to a hotel rate of at least $270/night after taxes and you’ve got an excellent 2.25x multiple on your points (compare to The Points Guy 1.8x multiple for Hyatt). My stay is also during the week so I would imagine a weekend night at 12,000 would yield you an even better multiple.
I am planning on staying in Miami for one night in mid January before driving down to Key West for a 3 night trip. I did not see the necessity to stay in Miami beach as I will be just getting out of the airport at about 3pm and then leaving the next morning. I wanted a Marriott/Starwood hotel to take advantage of my Gold status provided by the Amex Platinum and found the Ritz Carlton Coconut Grove.
The hotel rate was just about $600 and the marriott point redemption rate? 35,000 points per night. This is a whopping 1.71x multiple on my points (The Point Guy currently values Marriott/Starwood points at 0.90x). This is one of the best multiples I have seen for a marriott property and while this may be just outside mainstream Miami in Coconut Grove I am sure I will still enjoy my stay at the Ritz.
In a previous post I mentioned how I was planning on cancelling my Hyatt card because of the $75 fee which gives you automatic Discoverist status. I have started to rethink this mainly because of my trip to the Borgata in Atlantic City this summer.
Since Hyatt and M Life have a partnership I was pleasantly surprised to find out I was Pearl status through M Life. This allowed me to save $10 in valet parking for the weekend, gave me “special” rates for my stay (I paid around $180/night at the Water Club and received a high floor room), and I also got a $10 players credit that I applied to my room bill at checkout.
These perks certainly don’t blow me away but it might be worth rethinking keeping the Hyatt card if I am planning more stays at the Borgata in the future.