Good piece in the WSJ today about hotel rewards.
If you're not a subscriber, you can probably get the whole article by searching on its headline:
Hotel Rewards Programs: The Best and the Rest
Marriott Rewards returned an average 9.4% from every dollar spent on hotel rooms when redeemed for reward stays later, a hefty bonus for travelers. That meant if you spent $100 at Marriott, on average you got back $9.40 in free rooms, the study found.
Starwood’s SPG, the loyalty program of Sheraton, Westin and other brands, paid back 6.1% on average. IHG Rewards, which includes InterContinental and Holiday Inn, and Hilton HHonors were close to Marriott’s payout, at 8.6% and 8.9%, respectively. Starwood’s program, however, surpassed its rivals in its payback for credit-card loyalty points.
If you're not a subscriber, you can probably get the whole article by searching on its headline:
Hotel Rewards Programs: The Best and the Rest