It’s well known that Four Seasons Hotels don’t have a frequent stay program, so many people assume that there’s no way to stay for free at a Four Seasons using points. Not true.
A not-too-often discussed benefit of Membership Rewards points is that they can be used to pay for nights at Four Seasons hotels. They will exchange 12,000 Membership Rewards points for $100 Four Seasons gift cards, which isn’t a particularly great deal.
However, they also offer free nights at Four Seasons Hotels directly in exchange for points. Lower level Four Seasons (if there is such a thing) are 40,000 points per night. These hotels are generally in the $300-$500/night range, making this award a better deal (in most cases) than the gift cards. The confusingly named Ritz Carlton Chicago (a Four Seasons Hotel) starts at $470/night but can be yours for 40,000 Membership Rewards Points, a pretty good deal if you’re someone who does not think a free night at the Westin is particularly appealing.
They have several levels of hotels, with the top ones going for a ridiculous 115,000 Points/night. This is especially appalling because the Four Seasons New York (which is one of those top level hotels) can be had for about $600/night, a terrible exchange rate for MR points.
That said, the lowest level hotels, where you get about $120 in hotel for every 10000 MR points is a decent redemption option for those who have their heart set on a Four Seasons.
(And if we’re being honest here, no matter how wonderful that suite is at a Hyatt, it’s not the Four Seasons. Sometimes it’s just worth the splurge – especially if you can use points to pay for it.)