2 years ago Hilton followed Delta in deleting their award chart. At the time they said it was not a devaluation as they would cap their most expensive redemptions at 95K points. Their last major devaluation came in 2013, back when you could book top-tier properties for as low as 37.5K points per night.
The Waldorf Astoria Maldives opens in July and their award inventory has just been loaded. Sadly though, the 95K cap appears to have been eliminated:
Award rooms cost 120K points per night or 96K points per night on a 5 night stay for elites and cardholders. That’s a great value given the paid rates here.
You can earn bonus points with the The Hilton Honors American Express Business Card.
A 5 night stay can cost $20,333 or 480K points. That’s a value of 4.24 cents per Hilton point, which is crazy given that you can currently buy points on sale for just 0.5 cents each.
So on the one hand it’s disappointing that Hilton has devalued their program yet again, but on the other hand, clearly this is an incredible value.
I’m just nervous about other hotels creeping up to the 120K level as well.
It’s worth noting that you can only get this value on the beach villa. You’ll have to negotiate an upgrade fee if you want one of the overwater villas that the Maldives are famous for.
Or you can always just book an award stay at the Conrad. It may not be as luxurious as the Waldorf, but it’s just 95K points (76K on a 5 night stay for elites/cardholders) and you can book an overwater villa with points: