All Loyalty programs devalue their points, but the one coming from Hilton is epic, so I strongly suggest you make your reservations soon, since once they are booked in they should be safe. The program Changes are scheduled to come into effect on March 28th.
Currently the program looks like this:
Category – HHonors Points
1 – 7,500
2 – 12,500
3 – 25,000
4 – 30,000
5 – 35,000
6 – 40,000
7 – 50,000
Waldorf Astoria™ Hotels & Resorts 50,000–80,000
Additionally, there are 2 discount programs called AXON and GLON that further discount the awards as follows:
A GLON award is available to anyone with any Hilton Honors Status, from Silver, Gold, or Diamond, and an AXON award is open to anyone with an American Express Hilton Credit Card – these offer fantastic value. See below a chart to help you understand which type of discount award you should aim for if you have access to both (BTW, I have heard of people getting the AXON award without being asked for their credit card, so you might be able to get it if you don’t hold the card). For AXON awards you have to call the Hilton Diamond Desk, don’t worry if you are not a Diamond, they are the only people able to book these and they will help you out, here is the number. 877-444-9847
Using the above chart we are staying at two of the most impressive Hilton Hotels in our vacation next month, The Conrad Maldives Rangali Island and the Conrad Tokyo. Under the current pricing for the award 4 nights (AXON) in each cost us 145K HHonors points.
Under the new scheme there are now 10 Categories, and as you can imagine the Category 10 hotels are the awesome Category 7 ones – so both the Maldives and Tokyo Conrads go up to Category 10… These properties are now going to cost 95,000 per night for a room – almost double! And furthermore it appears that AXON and GLON are going to end at this time too… the only nice thing is an extra free night if you book 4, get 1 free.
To compare, the Maldives and Tokyo for a 5 night stay under the old system would cost 200,000 HHonors. Under the new system they will cost 380,000 (including the free night!)
So guys, get booking your reservations now, before these points devalue by 50%!