Five years ago most Wyndham properties could be booked for a maximum of 16,000 points. They jacked up award prices to as much as 40,000 points (after pricing some properties as high as 45,000 and 50,000 points).
And then they introduced a new flat redemption rate of 15,000 points per night in 2015. This was hailed as a big decrease in pricing for their best properties, when really is was reverting to what pricing had been just two years earlier — and a big increase in prices for lower-end hotels.