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New York City hotels are notoriously expensive, but that doesn’t mean there aren’t good deals if you’re willing to be flexible.

For a few last-minute overnight stays in the Big Apple or for locals, The New York Edition, one of the city’s hottest hotels, can be booked for less than 50,000 Marriott Bonvoy points on select weekend nights in August, plus a handful of other August nights for less than 60,000 points. Falls. This is a steal because for the rest of the year, there isn’t an award night for less than 70,000 points, with most nights over 80,000 points.

As you can see on the booking calendar above, both the nights of August 11th and 18th cost 46,400 Marriott Bonvoy points. As of August 11, the lowest cash rate (with taxes and fees) is $591.02. If you book with points, you’ll earn 1.27 cents per point, up from TPG’s August 2024 Marriott Bonvoy valuation of 0.85 cents per point.

While that Sunday night is the best deal, nightly rates from August 8 through August 11 are under 55,000 points, meaning you can spend several days at one of New York City’s best hotels and save a significant amount.

For those who have Chase Ultimate Rewards points (earned through cards like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve® and Ink Business Preferred® Credit Cards), know that Marriott Bonvoy currently has a 70% transfer bonus. . Since Chase points transfer to Marriott Bonvoy at a 1:1 ratio, you can book those 46,400 Marriott Bonvoy award nights by transferring just 28,000 Chase Ultimate Rewards points.

Just note that TPG’s August 2024 Chase Ultimate Rewards point valuation is 2.05 cents per point, so 28,000 Chase points cost about $574, about $17 less than Sunday’s price of $591.02.

Say you want to book for a full week stay from Friday, August 16 to Monday, August 19. That’ll set you back 152,000 Marriott Bonvoy points, while the cash rate (plus taxes and fees) totals $2,475.34 for the same three nights. By booking with points, you’ll earn about 1.63 cents per point, which is significantly higher than our August 2024 Marriott Bonvoy valuation of 0.85 cents per point.

This is where that Chase Ultimate Rewards bonus really comes in handy. To get 152,000 Marriott points with a 70% Chase Ultimate Rewards transfer bonus, you’ll need to transfer 90,000 Chase Ultimate Rewards points. With TPG’s current August 2024 valuation of 2.05 cents per Chase point, 90,000 points equates to $1,845, meaning you’ll save over $630 compared to $2,475.34 for this mid-August weekend stay at the New York Edition. .

What it’s like to live in The New York Edition

Located near Madison Square Park in Manhattan, The New York Edition is a trendy hotel set in a historic clock tower that was briefly the tallest building in the world in the early 20th century. Today, the building is filled with glamorous furnishings and boutique touches typically found in Ian Schrager’s Edition hotels, with fur throws on the beds, heavy Le Labo scents wafting in the air, and upscale restaurants and bars frequented by locals and tourists alike. .

In the heart of the action, The New York Edition offers the perfect location to explore nearby attractions such as the Flatiron Building, Empire State Building, Macy’s and Madison Square Garden. It’s also convenient to a subway line that will quickly take you to Central Park and Rockefeller Center, or downtown to an ideal area to see Wall Street, the World Trade Center Memorial, and the Statue of Liberty.

When can you find a good deal in New York?

The cheapest time to visit New York City is during the quieter (and cooler) months after New Year’s Eve, especially during New York City Hotel Week is when you’ll typically find great cash rates throughout January and early February. Those deals are usually announced in late November or early December, so be sure to check back for our coverage.

But even without city-sponsored savings, you can start planning a winter trip to New York City. If you’re open to skipping the chaos of watching the ball drop in Times Square, you can book the New York edition the first weekend in January for the same award rate available in August. Nightly rates for the weekend of January 3 are 54,000 to 58,000 Marriott Bonvoy points.

Sure, it’s usually cooler, but the streets are less busy, and the holiday lights are usually still on, so it’s a great time to enjoy the spirit of the season without wading through the tourist crowds.

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