Update 6/21/24: These properties are now more expensive. Some that were 25-35k have jumped to 33k-48k. Surprised to see a devaluation so fast. Hat tip to OMaaT
Original post: Choice has added the ability to redeem Choice points at preferred hotels & resorts properties online. Unfortunately not all the Preferred Hotels & Resorts are participating and award inventory seems to be limited, but a full list of participating properties can be found here. There is a lot of potential here though and the redemption rates seem great, especially when you factor in that some credit card programs transfer to Choice at a rate of 1:2 (e.g one credit card point = two choice points. Citi & Wells Fargo both have this 1:2 rate).
Specifics are as follows:
- Point prices are fixed and range between 20,000 – 55,000 points.
- You can book more than 100 days in advance (this normally isn’t possible with Choice)
- Only base rooms can be booked
Overall this is exciting, although I hope the award inventory improves.
Hat tip to FM