The #1 cheap hotel hack ANYONE can use to save big on hotel prices.

Summary

In this informative video, the presenter shares effective strategies to save up to $1,000 on hotel bookings, particularly with major chains like Hyatt and Marriott. By strategically purchasing hotel points during promotions, viewers can secure luxury accommodations at a fraction of the regular price. The video outlines essential steps, including creating an account, checking for active promotions, and calculating potential savings with a free tool. Two specific examples highlight how to maximize savings by comparing cash prices to points redemption. Viewers are encouraged to subscribe for more tips on traveling smartly without breaking the bank.

Takeaways

• 😀 Ensure you have an active account with hotel chains like Marriott and Hyatt to access member rates and earn points.
• 💰 Look for active promotions when purchasing hotel points, as these can significantly reduce costs.
• 🏨 Using hotel points can lead to substantial savings compared to cash rates, often saving hundreds of dollars.
• 🔍 Always confirm the number of points needed for your desired booking before purchasing points, as they can vary.
• 💡 Utilize free calculation tools to determine the savings when using points versus cash for hotel bookings.
• 📅 Be aware of membership restrictions regarding when you can purchase points after enrolling (30 days for Marriott, 60 days for Hyatt).
• 📈 Take advantage of promotions for buying points, which typically range from 20% to 40% discounts.
• 🧾 When booking with points at Hyatt, you can avoid paying taxes and resort fees, enhancing your savings.
• 🏖️ For high-category hotels, consider using lower-category hotels with high cash rates to maximize your savings potential.
• 🔗 Always have a specific hotel booking in mind before purchasing points to avoid unnecessary spending.

Q & A

What is the main strategy discussed in the video for saving on hotel bookings?

The video discusses a strategy of strategically buying hotel points during promotions to save significantly on hotel bookings at chains like Hyatt and Marriott.

Do I need a specific credit card to use this hotel points strategy?

No, the strategy does not require specific credit cards or vague third-party booking platforms.

What are the two hotel examples provided in the video?

The two examples are the Park Hyatt Abu Dhabi and the Ritz-Carlton Maui.

How much can you save by booking with points instead of cash at the Park Hyatt Abu Dhabi?

By booking with points, you can save almost $1,000, as the cash price for a room is over $1,400, while buying points costs around $557.

What is the maximum number of points you can purchase with Hyatt and Marriott?

With Hyatt, you can purchase a maximum of 55,000 points, and with Marriott, the maximum is 100,000 points per calendar year.

What additional savings do you get when booking with points at Hyatt?

When booking with points at Hyatt, you do not have to pay any fees or taxes, including resort fees or parking.

What was the cash price for a room at the Ritz-Carlton Maui before adding fees?

The starting cash price for a room at the Ritz-Carlton Maui was $818, which increases to over $1,000 when fees and taxes are added.

How many points are required to book a room at the Ritz-Carlton Maui?

You need 78,000 points to book a room at the Ritz-Carlton Maui.

What should you do before purchasing points according to the video?

You should identify a specific hotel booking you want to use the points for before purchasing them to avoid buying too many or too few.

What is recommended regarding promotions for buying points?

It's recommended to wait for active promotions when buying points, as these can offer significant discounts, like a 20% or 40% bonus.