I have posted about this a while ago.
On The Road / Re: C&P at cat. 7 SPG hotels
« on: January 13, 2013, 03:35:57 am »
I was about to book a room at the St regis for 275+15k points as paying cash would have been 789+tax a night but whilst speaking to them I found out something new to me(and I have searched here and don't see anyone mentioned it) about booking a room 50%off the rack rate +1000 spg points.
Imo it's a great deal