How Much Are Hotel Points Worth in 2026?
Updated July 25, 2026 · 10 min read · By MilesBuyer
Hyatt, Marriott, Hilton, IHG — we break down the real dollar value of every major hotel loyalty currency, plus when selling your points for cash beats redeeming them.
Get a Free Cash Quote →If you've been accumulating hotel points across Marriott Bonvoy, Hilton Honors, World of Hyatt, or IHG One Rewards, there's one question worth answering before you do anything with them: how much are your hotel points actually worth in dollars? The answer varies significantly by program — and in 2026, the gap between the best and worst hotel loyalty currencies is wider than ever.
- Hyatt points are worth the most — approximately 1.7¢ per point on average, up to 4–6¢+ at premium properties.
- Marriott Bonvoy points are worth approximately 0.7–0.8¢ per point under dynamic pricing.
- IHG One Rewards points are worth approximately 0.5–0.6¢ per point — and expire after just 12 months of inactivity.
- Hilton Honors points trail the field at 0.35–0.5¢ per point following June 2026 devaluations.
- Can't redeem? Sell them. MilesBuyer buys hotel points from all major programs and pays via PayPal before you transfer a single point. Get a free quote →
Hotel Points Value at a Glance: 2026 Rankings
| Program | Avg. Value Per Point | Pricing Model | Expiry |
|---|---|---|---|
| World of Hyatt | 1.55–1.7¢ | Fixed award chart | 24 mo. inactivity |
| Marriott Bonvoy | 0.7–0.8¢ | Dynamic pricing | 24 mo. inactivity |
| IHG One Rewards | 0.5–0.6¢ | Dynamic pricing | 12 mo. inactivity |
| Hilton Honors | 0.35–0.5¢ | Dynamic pricing | 24 mo. inactivity |
Sources: TPG July 2026, NerdWallet May 2026, roompoints.com April 2026, besthiltonhotels.com 2026.
The spread between Hyatt (1.7¢) and Hilton (0.35¢) is enormous — a difference of over 400% per point. Knowing exactly where your program falls on that spectrum is the starting point for any decision about how to use or sell your hotel points.
Program-by-Program Breakdown
Hyatt points are the most valuable hotel loyalty currency available to U.S. travelers in 2026 — by a significant margin. The core reason: while Marriott, Hilton, and IHG use dynamic pricing where award costs rise with demand, Hyatt maintains a fixed award chart assigning each property a set standard point cost.
When the Park Hyatt Sydney spikes to $1,200/night over New Year's Eve, the standard award cost stays at 30,000 points — not 90,000. That fixed ceiling is where Hyatt's per-point value truly shines, with best-case redemptions at Category 6–7 properties regularly exceeding 4–6¢ per point.
| Points | Avg Value (1.7¢) | Best Case (4¢+) |
|---|---|---|
| 40,000 | $680 | $1,600+ |
| 60,000 | $1,020 | $2,400+ |
| 100,000 | $1,700 | $4,000+ |
| 200,000 | $3,400 | $8,000+ |
Marriott Bonvoy sits second in the hotel points value hierarchy at 0.7–0.8¢ per point, placing the program well above Hilton and IHG. However, Marriott's fully dynamic pricing model compresses the value ceiling. The program's per-point maximum in 2026 sits at approximately 1.2¢ — achievable but requiring careful destination and date selection.
Where Marriott genuinely wins: portfolio depth. With 9,000+ properties, Marriott covers markets where Hyatt has limited presence — Southeast Asia, Africa, secondary U.S. cities — where redemptions at 0.9–1.0¢+ per point can be compelling.
| Points | Avg Value (0.8¢) | Best Case (1.2¢) |
|---|---|---|
| 100,000 | $800 | $1,200 |
| 200,000 | $1,600 | $2,400 |
| 500,000 | $4,000 | $6,000 |
Hilton Honors points are worth approximately 0.35–0.5¢ per point in 2026 — the lowest per-point value of any major hotel loyalty program. Following recent program changes, TPG's June 2026 valuations placed Hilton points at just 0.35¢ per point.
Hilton offsets this with volume — sign-up bonuses of 100,000–150,000 points are common. A 100,000-point bonus is worth approximately $350–$500 in hotel stays. The best Hilton sweet spots can reach 0.8–1.7¢ per point at premium properties like the Waldorf Astoria Beverly Hills or Conrad Maldives, but these require significant flexibility.
| Points | Low (0.35¢) | Avg (0.5¢) | Best Case |
|---|---|---|---|
| 200,000 | $700 | $1,000 | $1,400+ |
| 500,000 | $1,750 | $2,500 | $3,500+ |
| 1,000,000 | $3,500 | $5,000 | $7,000+ |
IHG One Rewards points are worth approximately 0.5–0.6¢ per point in 2026, placing the program above Hilton but well below Marriott and Hyatt. IHG's global footprint — InterContinental, Kimpton, Crowne Plaza, Holiday Inn — is particularly strong in smaller markets where Hyatt or Marriott have limited presence.
Find out what your hotel points are worth in cash
MilesBuyer buys Marriott, Hilton, Hyatt, and IHG points. Get your free quote in minutes — paid via PayPal before you transfer a single point.
Get My Free Quote →How to Calculate Hotel Points Value Yourself
Before any redemption, run this calculation on your specific booking:
The Cents-Per-Point Formula
Example: Room costs $350 cash and 50,000 points → ($350 ÷ 50,000) × 100 = 0.7¢ per point
Hotel Points Expiry: Know Before You Lose Them
All major hotel programs expire points after a period of account inactivity. Here's where each program stands:
Hotel Points vs. Cash Sale: Which Delivers More?
| Program | Redemption Value | Cash Sale Option | Best Choice When... |
|---|---|---|---|
| Hyatt | 1.7¢+ avg, 4–6¢ best | Yes — MilesBuyer | Redeem if specific award is open; sell if not traveling soon |
| Marriott | 0.7–0.8¢ avg | Yes — MilesBuyer | Cash sale often competitive vs. average redemption |
| Hilton | 0.35–0.5¢ avg | Yes — MilesBuyer | Cash sale frequently outperforms average redemption |
| IHG | 0.5–0.6¢ avg | Yes — min 20,000 pts | Sell if approaching 12-month expiry with no stays planned |
For Hyatt points, the redemption case is strong — if you have a specific aspirational stay in mind and award availability is confirmed open. For Hilton, Marriott, and IHG, the calculus is often different. At 0.35–0.8¢ per point in redemption value — with dynamic pricing making the top end of that range increasingly hard to achieve consistently — a cash sale through MilesBuyer can compare very favorably.
Frequently Asked Questions
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