Points Valuations by Prince of Travel

10 Comments
  1. bingo

    How are you determining these valuations?

    1. Ricky YVR

      You can find a justification for each valuation on the Points Valuations page itself: princeoftravel.com/points-valuations

      1. bingo

        I see the justification for some, like BMO, and HSBC, etc., but there’s little in the way of Aeroplan, Avios, and other points programs.

        1. Ricky YVR

          That’s because those programs don’t have any kind of fixed value, so the value is dependent on what you redeem for.

          Valuing these points is therefore an exercise in estimating what the average user (who’s willing to put some effort into maximizing their points) might get on average across all their redemptions.

          1. bingo

            I see, I see. With that being said, what do you calculate as the upper bound of valuation for those non-fixed programs? AP in particular.

            1. Andrew

              Finding an upper bound is a easy enough goal, but you’ll probably end up finding an even higher bound. And what would you do with an upper bound? Only redeem if it’s higher than that?

              One high value case will be 16 Aeroplan segments in first class on specific dates between specific cities that are expensive. If you’re not available to fly on those dates, have no interest in going to those cities or don’t enjoy first class, what good is it?

              I think part of a good point valuation is if you’d pay cash for the ticket vs. using points. At that equilibrium point, that would be the real cash value of a point.

  2. CHARLES KAPLAN

    Your future IHG & Hilton would be important comparisons to Marriott & BW

  3. Avid Reader

    Look into porter airlines points

    1. Ricky YVR

      That’s quite possibly the first time I’ve heard anyone say that! 😉

    2. Andrew

      Is the only way to earn VIPorter points to fly Porter? If so, it’s going to be very hard to collect enough points for a meaningful trip for those not flying Porter. I tend to prefer credit card welcome bonuses and transferable points. 🙂

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