"Point devaluations" refers to the decrease in value or worth of points or miles in a loyalty program. It means that the rewards or benefits offered by the program have become less valuable over time, requiring more points to get the same level of reward.
Full definition
Phillips may be one of the first and most well - known travel hackers, but with
recent point devaluations due to airline mergers and bankruptcies, travel hacking has become a mainstream practice among frequent flyers.
Even with first class awards constantly costing more
through point devaluations, flying international first class is still something that all of us very, very much... Read more
But just to be fair, the bolivar fuerte — «strong bolivar» currency — in spite of thousands of
percentage point devaluation per year, still does have some value... as a napkin, which the adjacent picture that has since gone viral shows.
It offers a reward rate of 10 % at more hotels than all the chain hotels combined, redeemable after 10 paid nights with few restrictions and no effort to hunt down promotions, watch point levels are worry
about point devaluations.
Additionally, as my schedule is generally impact more by other people and factors than my own time / good deals, a revenue redemption keeps me from being forced between bad value or cash (and
point devaluation risk)
-LSB-...] offers a recap of
hotel points devaluations in 2013 and focusing specifically on the big changes at Marriott and Hilton (and the less drastic changes at Starwood, like increasing the price of cash and points -LSB-...]
Even with first class awards constantly costing more
through point devaluations, flying international first class is still something that all of us very, very much want to do.
The points devaluation comes on the heels of a recent move by Cineplex to shrink the size of its drink cups while keeping prices the same.
Combined with
the points devaluations over the years, this makes the Avios a little less valuable.
Credit card companies and carriers hold all the power here, and there have been instances of
points devaluations that have hurt many people's strategies.
The points devaluation cuts a wide swathe through the program, affecting redemptions on gift voucher, merchandise and frequent flyer programs.
In
that points devaluation, members in Australia were facing some significant increases in points requirements for tickets out of Australia.
I hope we won't see a Hyatt Gold Passport
points devaluation but these current promotions make me a bit nervous.
A Hyatt Gold Passport
points devaluation could come in a couple of ways.
Outside of transfers, you may also book flights directly using your Starpoints - though doing so will also result in
a point devaluation.