How to Buy Points for Hotels—and Why It Can Be a Good Idea - AFAR

"A luxury Bahamian resort with steep cash rates (about $810+ per night on the dates cited) that can offer exceptional value when booked with points. At the time referenced, standard rooms were 20,000 World of Hyatt points per night, and a 25% bonus points sale made 40,000 points cost $768 (effectively $384 per night). Because World of Hyatt waives resort fees and taxes on award bookings (the daily resort fee cited was $85 per person), booking with purchased points saved several hundred dollars per night — turning a two-night cash total of $2,023.46 into a points-purchase cost of $768." - Paul Rubio