Loyalty has two primary components: recognition and reward. That’s your elite program and your earn and burn proposition.
Hotel programs are tough to compare because you earn a different number of points per dollar spent, and redemptions vary wildly as well — the most expensive Hyatt redemption is 30,000 points while the most expensive Hilton redemption costs 95,000. We can normalize that by looking at the number of points earned, and the value of each point.