It’s definitely an understatement to say that Covid has changed travel, but one of the main noticeable trends is that Staycations have become very popular during these most unprecedented times, people are traveling less on planes and booking a hotel down the road!

In fact, according to Forbes, at the Waldorf Astoria Beverly Hills, 85% of current business originates in California, with most of it being local, while properties like the 1 Hotel in West Hollywood are seeing an uptick in customers who walk, yes walk, to the hotel!

At the moment, people want a safe bet for their vacations, and safer means closer as travelers are realizing how many beautiful destinations are in their own backyard and just a short drive away. Keen travelers are choosing hotel chains such as Marriott and Hilton over Airbnb due to higher cleanliness standards demanded by customers in the midst of a pandemic!

Furthermore, planning flights bring added risks such as flight cancellations and schedule changes that can affect keen travelers with getting to and from a destination, along with countries modifying their entrance requirements for incoming travelers!

With this in mind, there has been a surge of demand for hotel points, and therefore our rates buying hotel rates is the highest it’s ever been, especially Hyatt and Marriott points. With anything, the greater the demand, the greater the price, and we pass the increased rates onto our valuable clients!

When clients sell us their hotel points, they are getting the highest cash rate of return available today. Clients of ours often remark how relieved they are to sell their hotel points especially at the risk of expiration as many people will unlikely end up spending it themselves, and almost 85% don’t even use them and let them expire, and we really don’t want that to be you!