With travel starting to rev back up, one of the best ways to save money while you’re on the road is by cutting down on your hotel costs.
And a good way to do that is by leveraging rewards earned through hotel loyalty programs.
Finance website WalletHub recently updated its list of the best hotel rewards programs.
WalletHub compiled its list based on 21 metrics including blackout dates for booking free nights and the value of reward points.
It also took into account hotel spending profiles. For our purposes, we’ll look at data for what WalletHub calls a “moderate traveler,” someone who earns $70K-$99K each year and spends an average of $958 annual on hotels.
Each hotel rewards program was graded on a 100-point scale.
Let’s dive into the numbers, shall we?
Best Hotel Rewards Programs for 2021
|Rank||Rewards Program||Score||Rewards Value Earned
per $100 Spent by
|3.||World of Hyatt||65.94||$11.00|
Save Money by Using Clark’s Hotel Booking Strategy
“If I’m flying somewhere — you usually book your airfare pretty well in advance — I also book a hotel room at the same time,” money expert Clark Howard says. “I book the best deal I can find for where I’m going — but always a refundable room.”
Then Clark continues to look at Priceline and Hotwire to see if he can find an even better deal on a hotel room before his trip. If you find a better deal, just remember to cancel your original booking.