The Best Hotel Points Program: Why Hyatt Wins
Hyatt is the king
No hotel currency comes close to World of Hyatt on value. Hyatt points are worth around 1.7 cents each, more than double most rivals, thanks to a published, fixed award chart that lets you book genuine bargains, low-category properties from a few thousand points and top hotels well below their cash rate. Hyatt also waives resort fees on award stays and keeps reasonable lower tiers even after its 2026 devaluation. The one catch is access: Hyatt is reachable only by transferring Chase or Bilt points. See the World of Hyatt guide.
Marriott is the flexible mid-tier
Marriott Bonvoy points are worth about 0.8 cents, less than Hyatt but backed by the largest hotel footprint in the world, so you can almost always find a property. Its fifth-night-free benefit on award stays effectively discounts longer trips, and it takes transfers from Amex, Chase, and Bilt, the most of any hotel program. Marriott is the practical choice when Hyatt does not have a hotel where you are going.
The high-volume programs: Hilton, IHG, Wyndham, Choice
Hilton, IHG, Wyndham, and Choice points are worth only about 0.55 to 0.7 cents each, so a night that costs 30,000 Hyatt points might cost 80,000 or more in Hilton points. They are not bad currencies, they just demand volume, which is why their cards earn fast and their welcome bonuses come with huge numbers. Wyndham and Choice are genuinely useful for cheap budget and European nights. Note that Hilton waives resort fees on award stays while IHG does not, per the resort-fee rules.
How to earn the best hotel points
Favor World of Hyatt: build it through a Chase or Bilt balance, or the World of Hyatt card, and lean on its chart for outsized value. Use Marriott for coverage and its flexible transfers, and treat Hilton, IHG, Wyndham, and Choice as volume plays earned mainly through their co-brand cards. See which cards transfer to which program and what every points currency is worth.