Inclusion de Preferred Hotels & Resorts par CitI ThankYou Rewards en tant que nouveau partenaire de transfert hôtelier

Citi ThankYou Rewards continues to expand its list of hotel transfer partners, with Preferred Hotels & Resorts being the latest addition. This partnership allows Citi cardholders to transfer their points to the hotel’s loyalty program, I Prefer Hotel Rewards, at a 1:4 ratio, offering the opportunity to redeem points for stays at over 650 luxury boutique properties worldwide. However, despite the attractive transfer ratio, it is essential to evaluate the value of redeeming points for award stays at Preferred Hotels & Resorts.

Preferred Hotels & Resorts revamped its I Prefer loyalty program in 2023, making it easier for members to track rewards and book stays online. While some properties offer award stays starting at just 15,000 points per night, the website’s limited display of award prices for hotels raises concerns about the user experience. The decision to transfer Citi points should be guided by the cost of points needed for a specific award stay and the room rate. For example, a two-night stay at the Inn by the Sea in Maine would require 50,000 points, translating to a value of $900 based on TPG’s valuations.

Moreover, the option to redeem Choice Privileges points for Preferred Hotels & Resorts stays may provide an alternative for Citi cardholders. Choice Privileges’ partnership with over 300 Preferred Hotels & Resorts properties allows members to book award nights starting at 20,000 points. Despite a recent devaluation, this partnership offers value, especially considering Citi’s 1:2 transfer rate to Choice Privileges.

In conclusion, while the addition of Preferred Hotels & Resorts as a transfer partner enhances the flexibility of Citi ThankYou Rewards, careful consideration of redemption options and value is crucial. It is advisable to compare cash rates and award redemption requirements before initiating points transfers to ensure optimal utilization. As always, TPG advises against transferring points without a specific redemption goal in mind, emphasizing the importance of verifying availability before making any transfers.