The Best Ways to Spend Your Chase Sapphire Preferred Welcome Bonus
"For example, a night at the relatively new St. Regis Hong Kong would cost you 70,000 Ultimate Rewards points transferred to Marriott Bonvoy. But based on room prices of $450 per night, you’d only need 30,000 to 36,000 Ultimate Rewards points if you redeemed directly through Chase, effectively saving half your points."
