Contrary to Hilton Honors, World of Hyatt has an award graph with place values for resorts in eight distinct categories. The application will introduce summit and off-peak pricing following year, making matters more complex. However, for the time being, standard rooms vary in 5,000 into 40,000 points each night while updated rooms and suites vary in 7,000 into 60,000 points apiece, depending on the group of this resort. Under certain conditions, you may even reserve a room in a paid rate then use points to update: 3,000 each night for a bar space, 6,000 to get a package, and 9,000 to get a top package, though you’ll need to telephone Hyatt to reserve these directly.Adding an excess amount of versatility, Earth of Hyatt will even allow you to redeem both things and cash to update from a standard room to a package. By way of instance, in a luxury Category 7 resort, like the Park Hyatt Beaver Creek Resort & Spa, suites price either 48,000 points each night, or 24,000 points along with a cash co-pay that’s typically around 50 to 70 percentage of the typical paid speed for your selected room type. If this sounds complex, let’s have an example to understand exactly how this works.In September, the Park Hyatt Beaver Creek has regular rooms beginning at 30,000 points or $269 per night. A Park Fireside Suite, which is a roomy 600 square feet and has its own fireplace, costs 48,000 points or $419 per night. Paying with a mix of cash and points, you’d be spending 24,000 points plus $210 per night—basically half the points plus half the paid rate. Hyatt also offers some premium suites even higher prices. At the same hotel, a fabulous 1,100-square-foot Highlands Suite costs 60,000 points or $569 per night. Your value per point is just about the same no matter that room or suite you redeem them for. Your choice will just depend on the amenities and space you prefer. Also note that different rules and rates apply to Miraval properties and Hyatt’s all-inclusive brands, Ziva and Zilara.Marriott Bonvoy: Weigh your optionsMarriott Bonvoy can be the loyalty program of the world’s largest hotel group, with 7,000 properties comprising 30 brands like St. Regis and Ritz-Carlton at the high end, and Courtyard and Four Points on the more affordable side. Bonvoy splits the difference between Hilton and Hyatt with a redemption scheme that is mostly fixed, but with peak and off-peak pricing that can vary by the day. Regular room rates range from 5,000 points per night up to 100,000 depending on the category of hotel and the season. However, when you search Marriott.com, you can see which premium rooms and suites are available for points redemptions as well, with pricing that can be extremely variable and hard to predict.The stately Ritz-Carlton, Half-Moon Bay on the rugged California coast has rooms starting at $784 or 60,000 points per night in September. You could instead opt for a one-bedroom suite for either 130,000 points or $1,070 per night. So you’d be redeeming over double the points, but only getting a suite that cost 50 percent more than a standard room. You could also mixture and match with a factors and cash rate where you redeem the points for a standard room night (60,000) and a cash co-pay of $350 each night—just a little over of the paid price difference in the accommodations, which is probably a better deal.To see how much the rates for upgraded rooms and suites can vary, and why it’s important to do your math, let’s say you had a hankering for barbecue and wanted to head to Austin instead. In September, the Renaissance Austin Hotel has rooms starting at $261 per night, or 30,000 points. But you could also opt for an Executive Suite for $302 or 49,000 points, a Luxury Suite for 51,000 points or $306, or a Signature Suite, also for $306 or 51,000 points. If you just reserved a regular room, you would get a value of around 0.87 cents per point in value. With the suites, your per-point value drops to just 0.6 cents per point—not nearly as good.The bottom lineWith any hotel points program, it pays to price out regular rooms versus suites, both in terms of cash payments and points redemptions. Some hotels charge a steep points superior for upgraded rooms and suites, while others can be a phenomenal deal. Before you commit to a reservation, crunch precisely the numbers, check your account balances, and make sure you are getting a good value from your points you hope to redeem.Condé Nast Traveler has partnered together with CardRatings for our coverage of credit card products. Condé Nast Traveler along with CardRatings may receive a commission in card issuers.