One common complaint I hear from frequent flyers is that they feel like Delta Skymiles have very little value. I think that I may have cracked the code on this, at least for people who need hotel stays. Delta has added a feauture where you can book hotel rooms and/or car rental with your Skymiles. Go to the Skymiles tab and pick"Use Miles" on the dropdown. Then click on "Skymiles Marketplace" on the left side of the screen. Then, select "Book a Hotel/Rent a Car" on the left side again. As an example, for a 2 night stay next week in Houston, you can get the St. Regis for 30,204 Skymiles per night, or the Westin Galleria for 18,712 Skymiles per night. The St. Regis is listing a rate of $385 ($450 with tax) and the Westin is listing $289 ($338 with tax). These prices are from SPG.com. So, we're talking about 1.5 cents per Skymile.
They seem to have hotels worldwide - I noted some interesting options in places like Seville and Cartagena, Colombia. Check it out!
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