Ritz-Carlton Rewards has announced a pretty lucrative summer promotion, which will be valid for stays between July 1 and October 31, 2013.
Through this promotion you earn one complimentary night at a tier 1-3 Ritz-Carlton after making two stays. You can earn a maximum of two free nights through the promotion. Registration for the promotion is required prior to September 30 for accounts created before June 4, 2013. Accounts created on or after June 4 are automatically registered for the promotion. The free night certificates will be deposited in eligible accounts within 3-5 business days of the second stay, and are valid for a year.
Interestingly the terms and conditions state that “the member receiving this offer has been specifically targeted,” though I think it’s safe to assume that’s not the case since the promotion shows up on the front page of Ritz-Carlton’s website.
You can find a listing of hotel categories here, so you can see the tier 1-3 properties that these nights can be redeemed at, which usually go for 30,000-50,000 points per night.
This can be a really good deal for some properties. For example, the Ritz-Carlton Moscow is a tier 3 property so you can redeem your free night certificates there. Some days the best available rate for a standard room is $1,000USD per night with tax.
(Tip of the hat to Josh)