When Hilton eliminated award charts they promised hotels wouldn’t get more expensive. At the time the most expensive property was 95,000 points per night. In February they introduced a new 120,000 point level.
At the time it was only for one new property, the Waldorf Astoria Maldives. In fairness the hotel was pricing over $2000 per night in peak season, and Hilton said they had no plans to add other hotels to that pricing tier.
This hotel is unique in that it is priced slightly higher than standard rooms at our other luxury properties due to the hotel’s exclusive offerings and all-pool-villa accommodations. At this time, we do not have any other hotels that we deem would fit into this pricing model.
Now, mere months later, they’ve… added another hotel to the 120,000 point pricing tier. The Waldorf Astoria Los Cabos, which is the reflagged Resort at Pedregal, prices standard room redemptions at 120,000 points per night.
One Mile at a Time thinks this is fair because an “entry level room here is 856 square feet and has a terrace and plunge pool” however I’d suggest that other hotels offer similar features without pushing the envelope above the 95,000 point maximum threshold. Furthermore room rates here aren’t as high as in the Maldives. Lucky found a night with standard room availability in high season with a paid rate over $1600 per night though it looks to me like $900 and $1000 is more common.
Hilton’s Brad Crawford tells me,
As Hilton grows so does our portfolio of exceptional properties. Now, we’re pleased to offer standard redemption rates at the Waldorf Astoria Los Cabos.
Similar to the new Waldorf Astoria Maldives, this hotel is unique in that it is priced slightly higher than standard rooms at our other luxury properties due to the hotel’s exclusive standard accommodations featuring a private terrace and plunge pool in each room. Members will still be able to use the 5th Night Free benefit as well as free weekend night certificates for Standard redemptions at this resort.
So we can expect Hilton to grow their ‘portfolio of exceptional properties’ that are priced at 120,000 points. Hotels whose uniqueness stems from their similar(ity) to other properties will justify adding them to this new top level.
Redeeming points at the Waldorf Astoria Los Cabos during peak times is still a value compared to other Honors redemptions and especially because it avoids steep local taxes (and because Hilton doesn’t hit you with resort fees on redemptions like Marriott does).