Hilton Honors has increased the maximum award rate to 150,000 points. Currently this pricing only applies to Waldorf Astoria Maldives. Previously this was pricing at 120,000 points per night (some nights still pricing at this rate). Hilton justifies the price increase by saying:
We’re pleased to offer Hilton Honors members standard redemption rates at the Waldorf Astoria Maldives. The resort is uniquely set up with an all-villa offering with a private pool in each villa and, priced at a premium rate, is also one of the most highly sought after properties in our global portfolio appealing to Hilton Honors members.
The resort has seen steady traction in occupancy and offers rates of well over $1,000 per night for standard rooms, even amidst a challenging period for the global travel industry and this has resulted in a higher price cap for the resort. In addition, across our luxury properties which have a number of specialty room types, the number of rooms classified as “standard” varies across each hotel. We are pleased to share that members will still be able to enjoy the 5th Night Free benefit as well as redeem free weekend night certificates, providing our members greater value at this award-winning resort in an iconic destination.
Hat tip to VFTW