Ritz-Carlton Rewards members can spend their points for discount travel certificates for any sailing with LuxuryOnly Cruises. You can either redeem points for a discount such as 70,000 points for a $250 discount, 110,000 points for $500, 145,000 points for $1,000, 350,000 points for $2,500 and 675,000 points for $5,000; or you can spend points for a free cruise by calling (800) 275-6296 to get the total points needed, which varies by sailing and stateroom. You can spend Ritz-Carlton Rewards points with LuxuryOnly Cruises only, you cannot earn Ritz-Carlton points when taking these cruises. But you can take advantage of special offers for Ritz-Carlton members such as free shore excursions, onboard ship credit and more. LuxuryOnly Cruises features cruises from several cruise lines including Crystal Cruises, Cunard, Paul Gauguin Cruises, Silversea and more. Visit http://insideflyerus.wpengine.com/link/?3539 to learn more.

Bottom line: Ritz-Carlton Rewards members earn 10 points per dollar spent on the room rate. You would need to spend $7,000 on hotel stays to get the lowest level certificate for a cruise discount of $250. The discount certificates offer a monetary value per point between $.003 and $.007–not a particularly good return for your money. The cost of the cruises varies greatly, but for example, a seven-night Azmara Club Cruise in Croatia and the Greek Isles during April ranges from $1,749 ($250 per night) for an interior room to $3,499 ($500 per night) for a suite.