The most popular SPG point award in 2014 was the Sheraton NewYork Times Square Hotel and I’m disappointed to hear that. I stayed there once and did not care for it. The hotel is huge, but the rooms are tiny. They were so small; I had to use the bed to get from one side of the room to the other. The dresser and bed left space too narrow to roll my bag through. The club lounge was closed when I visited and lines were everywhere. I felt cramped everywhere I went. I hate to think this hotel is the aspirational award most redeemed in the SPG program.
The Sheraton Times Square is 12,000 points per night. The new Element New York Times Square West and newer The Westin New York Grand Central are both 12,000 points and much nicer properties. New York is spread out and easy to get around, so there’s no need to stay close to Times Square. The Sheraton Tribeca New York Hotel is another great 12,000 point option in a relaxed area.It is good value to spend points rather than money in New York because the hotel rates, plus 15%ish tax, are exorbitant. 2 to 3 cents cash value per point is available at almost every hotel. I’m sure the travelers spending points are seeing a good return at whatever hotel they select; I just hope next year they try to find a better hotel.