What are the best hotel rewards programs?
December 07, 2016
Planning on a holiday trip? Since about half of holiday hotel goers are waiting until mid-December to book reservations, you may be able to save money by taking a look at WalletHub’s “2016 Hotel Rewards Report.”
WalletHub, a personal finance website, looked the rewards programs operated by the 12 largest U.S. hotel chains based on 21 key items, such as the average value of a point, point expiration policies, and the volatility of award night pricing.
Some key findings from the report are:
- For the second year in a row, Wyndham Rewards is the best hotel loyalty program for travelers of all spending levels, earning an average score of 71.10.
- La Quinta offers up to $14.17 in rewards value per $100 spent – most among major hotel rewards programs.
- The value in purchasing hotel rewards points varies widely from program to program. With some, it’s a rip-off, while others are worth buying.
- Best Western is the only major hotel chain whose rewards points don’t expire due to account inactivity.
In addition to identifying the best and worst hotel rewards programs, WalletHub’s report offers a custom calculator that lets users to personalize the results based on their own hotel budget.
Copyright 2016, Rita R. Robison, Consumer Specialist
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