Case study · Business class and hotelsWith proof

Maldives, February 2025

9 nights at the Park Hyatt Maldives in a Beach Pool Villa, combined with Etihad business class and points.

TürkiyeUnited Arab EmiratesMaldives
Florian HartlFounder of Benefit SystemsData as of 2 March 2025
White coral sand beach with turquoise water and tropical vegetation along the shore of a remote Maldivian island.
Illustrative image, AI-generated
Short answerHadahaa and Abu Dhabi in February 2025: 6 flights and 11 hotel nights for $4,724 paid, against a documented comparison value of $36,284. We used 448,500 points and miles, 7.0¢ per point on average. Anything paid in cash appears without a comparison value. The comparison value is not money paid out.

Key figures

How $4,724 in actual spending turned into a documented travel value of $36,284.

Paid
$4,724
flights, hotels and transfers
Comparison value
$36,284
documented cash value
Difference
87%
$31,560 documented
Points and miles
448,500
7.0¢ per point
Not free, but used far more effectively with a clear strategy.We compare the amounts actually paid with the comparison values documented in our own trip analysis.

At a glance

Airlines
Etihad Airways
Booking classes
Economy (2), Business class (4)
Flight numbers
  • Outbound flight Airport → Istanbul
  • EY544 IST → AUH
  • EY376 AUH → MLE
  • EY379 MLE → AUH
  • EY543 AUH → IST
  • Return flight Istanbul → Airport
Airports
Istanbul (IST), Abu Dhabi (AUH), Malé (MLE)
Hotels
  • Hawthorn Suites City Center, Abu Dhabi (2 nights)
  • Park Hyatt Maldives, Hadahaa (9 nights)

From Europe via Abu Dhabi to Hadahaa

For this trip we did not look at flights, hotel nights and points in isolation. We set the amount actually paid against the documented comparison value.

The route: from the home airport to Istanbul in economy, Istanbul via Abu Dhabi to Malé on Etihad in business class, then Maldivian Airlines from Malé to Kooddoo (paid in cash with no saving, so not part of the numbers) and on to the resort. The way back ran via Abu Dhabi and Istanbul, again on Etihad business class and finally home in economy.

Business class as part of the trip, not as isolated luxury

Four Etihad segments connected Istanbul, Abu Dhabi and Malé. Together they add up to a documented comparison value of $15,474. The six flights in the numbers cost $1,985.

The Beach Pool Villa was the centre of the trip

For nine nights at the Park Hyatt Maldives, from 19 to 28 February 2025, we used 315,000 Hyatt points. The documented comparison value is $19,090; we paid $2,640. The difference is $16,450, or 86% against the comparison value.

Points are not free. The useful question is what value a specific redemption creates compared with the price and the alternatives.

Day by day

16 February 2025
AirportIstanbul ISTEconomy
Outbound flight
Paid
$176
Value
$686
points
9,000
per point
5.7¢
17 February 2025
Istanbul ISTAbu Dhabi AUHBusiness
Etihad Airways · EY544
Paid
$301
Value
$2,898
points
27,000
per point
9.6¢
Hawthorn Suites City Center
Abu Dhabi · 1 night to Tue 18 Feb
Paid
$0
Value
$245
points
7,500
per point
3.3¢
18 February 2025
Abu Dhabi AUHMalé MLEBusiness
Etihad Airways · EY376
Paid
$301
Value
$4,759
points
27,000
per point
16.5¢
19 February 2025
Park Hyatt Maldives
Hadahaa · 9 nights to Fri 28 Feb
Paid
$2,640
Value
$19,090
points
315,000
per point
5.2¢
1 March 2025
Malé MLEAbu Dhabi AUHBusiness
Etihad Airways · EY379
Paid
$513
Value
$5,007
points
27,000
per point
16.6¢
Hawthorn Suites City Center
Abu Dhabi · 1 night to Sun 2 Mar
Paid
$99
Value
$245
points
cash
per point
·
2 March 2025
Abu Dhabi AUHIstanbul ISTBusiness
Etihad Airways · EY543
Paid
$513
Value
$2,810
points
27,000
per point
8.5¢
Istanbul ISTAirportEconomy
Return flight
Paid
$181
Value
$544
points
9,000
per point
4.0¢

The whole trip

The whole trip: paid, comparison value, difference and points used.
CategoryPaidComparison valueDifferencePoints and miles
Flights (6)$1,985$16,704$14,719 88%126,000
Hotels (3 stays, 11 nights)$2,739$19,580$16,841 86%322,500
Total (9 bookings)$4,724$36,284$31,560 87%448,500

Proof

Excerpts from the booking confirmations, personal data and booking codes made unreadable.

Outbound: Etihad EY544 Istanbul to Abu Dhabi and EY376 to Malé, business class, via Air Canada Aeroplan
Outbound: Etihad EY544 Istanbul to Abu Dhabi and EY376 to Malé, business class, via Air Canada Aeroplan
Purchase summary outbound: 54,000 Aeroplan points plus 869 Canadian dollars for both legs
Purchase summary outbound: 54,000 Aeroplan points plus 869 Canadian dollars for both legs
Stopover Abu Dhabi: Hawthorn Suites by Wyndham, 1 night for 7,500 points, no taxes
Stopover Abu Dhabi: Hawthorn Suites by Wyndham, 1 night for 7,500 points, no taxes
World of Hyatt account: 315,000 points redeemed for Park Hyatt Maldives, 44,181 points earned back for the stay
World of Hyatt account: 315,000 points redeemed for Park Hyatt Maldives, 44,181 points earned back for the stay
Reservation confirmation Park Hyatt Maldives Hadahaa, 19 to 28 February 2025
Reservation confirmation Park Hyatt Maldives Hadahaa, 19 to 28 February 2025
Beach Villa, rate Standard Room Free Night, redeemed with points
Beach Villa, rate Standard Room Free Night, redeemed with points
Final invoice Park Hyatt: 2,942.86 US dollars on site, of which 1,200 transfer and 1,742.86 food and drinks, the nights themselves on points
Final invoice Park Hyatt: 2,942.86 US dollars on site, of which 1,200 transfer and 1,742.86 food and drinks, the nights themselves on points
Invoice paid with the Chase Sapphire Reserve
Invoice paid with the Chase Sapphire Reserve
Return: Etihad EY379 Malé to Abu Dhabi and EY543 to Istanbul, business class
Return: Etihad EY379 Malé to Abu Dhabi and EY543 to Istanbul, business class
Purchase summary return: 54,000 Aeroplan points plus 1,480.60 Canadian dollars
Purchase summary return: 54,000 Aeroplan points plus 1,480.60 Canadian dollars
Etihad EY379 Malé to Abu Dhabi, business class, seat 8G, fast track and lounge
Etihad EY379 Malé to Abu Dhabi, business class, seat 8G, fast track and lounge
Boarding pass Etihad EY543 Abu Dhabi to Istanbul, business class, seat 1C
Boarding pass Etihad EY543 Abu Dhabi to Istanbul, business class, seat 1C

12 records · swipe or use the arrows, click to enlarge12 records · swipe, tap to enlarge

Editorial noteThis case study is our own trip analysis and not tax, legal or financial advice. Award prices, availability and cash prices change all the time.

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Terms in this trip

  • Award ticket: An award ticket is a flight paid for with miles or points instead of cash; taxes, fees and surcharges almost always still have to be paid in money.
  • Award availability: Award availability is the number of seats an airline releases on a given flight for redemption with miles, which is usually far smaller than the number of seats still on sale.
  • Cabin class: Cabin class is the physical section of an aircraft, economy, premium economy, business or first, each with its own seating and service.
  • Cents per point: Cents per point is the measure of a redemption's value: the cash price avoided, minus any co-payment, divided by the number of points spent.
  • Hotel award category: A hotel award category is the price tier a loyalty programme assigns to a property, from which the points price per night follows.
  • Fifth night free: Fifth night free is an elite benefit under which an award stay of five or more consecutive nights is charged for four nights of points.

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