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Flying Bat
(@flying-bat)
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March 18, 2013 2:10 pm  

Whilst one might expect to hear a degree of vocal protest at anyone suggesting miles / cash swaps, I wonder if there might be another way?

Swapping travel awards for travel awards seems to be less objectionable to some in the points world, and there are occasional forums which address this need.

If the inclusion of pure cash is what gets folks so hot under the collar, I wonder whether some sort of barter arrangement might be acceptable, or more palatable?

For instance someone sitting on a pile of points under some programmes might find it frustrating not to find dates and award class inventory offered when required. In some ways it is difficult not to feel for the person in a position where he is unable to unlock value.

I wonder about the vacation home owner, either with a one week timeshare or full ownership of a cliff side villa.

Could the needs of both parties be addressed in some way?
I wonder what about exchanging frequent flyer points for a stay at a holiday home?

Perhaps exchanges for this type of barter exist already, and it's just that I am unaware of them.

And before I get flamed, I am neither advocating nor disapproving on these practices, but I am offering to promote a healthy debate.


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Quasiconvexity
(@quasiconvexity)
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Posts: 600
March 18, 2013 2:43 pm  

I believe such an exchange does exist, but is only accessible to Gold members of Milepoint.

http://milepoint.com/forums/threads/an-alaskan-odyssey-in-pictures.24236/


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iolaire
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March 18, 2013 2:55 pm  

Quasiconvexity, post: 1897915, member: 341 wrote: I believe such an exchange does exist, but is only accessible to Gold members of Milepoint.

Its a very quite place...

Various trip reports related to traveling with dialysis and experiencing in center dialysis treatments at Traveling and in center hemodialysis


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Flying Bat
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March 18, 2013 5:37 pm  

Quasiconvexity, post: 1897915, member: 341 wrote: I believe such an exchange does exist, but is only accessible to Gold members of Milepoint.

Yes I believe that may be the case for Golds, but access seems hard to achieve.
In any event I suppose I am thinking more about a wider audience, as the villa owner looking to get something for his too often empty holiday apartment , he won't necessarily be on MP.

I have generally searched for a barter exchange, something which I would have thought was a concept which lent itself well to the www, but I have been unable to identify one which looks useful.


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Wandering Aramean
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March 18, 2013 6:00 pm  

Flying Bat, post: 1897892, member: 75673 wrote: If the inclusion of pure cash is what gets folks so hot under the collar, I wonder whether some sort of barter arrangement might be acceptable, or more palatable?

Acceptable to the companies or to travelers?

The companies generally explicitly prohibit it.

Wandering Aramean | Twitter | Travel Tools | World Heritage Sites | Trip Reports


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JoeCortez
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March 18, 2013 6:49 pm  

Wandering Aramean, post: 1898173, member: 23 wrote: The companies generally explicitly prohibit it.

To complicate things even more, the companies argue that the points are not your property - the points belong to them. And any misuse of the points are right to revoke. Though it is my personal opinion that the ownership can be argued - especially when they can be bequeathed, their value can be challenged in court, and you may be able to be taxed upon their value.

It seems like a slippery slope to me, considering how fragile they are. And when you consider the hotel devaluation of 2013, and continued fluxuation in the actual redeemable value, is this a good value proposition for either barterer?

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mootunesb
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March 18, 2013 6:56 pm  

What about points.com then?


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Flying Bat
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March 18, 2013 8:56 pm  

JoeCortez, post: 1898233, member: 87897 wrote: To complicate things even more, the companies argue that the points are not your property - the points belong to them. And any misuse of the points are right to revoke. Though it is my personal opinion that the ownership can be argued - especially when they can be bequeathed, their value can be challenged in court, and you may be able to be taxed upon their value.

It seems like a slippery slope to me, considering how fragile they are. And when you consider the hotel devaluation of 2013, and continued fluxuation in the actual redeemable value, is this a good value proposition for either barterer?

I am not sure that you can be taxed on the value and in a way that's a point which must concern BigCo. when, and if, a ff benefit can be assessed as a taxable emolument, then perhaps that's the slippery slope to which you refer.

As for good value proposition for either barterer, in a situation such as the one suggested, where a property owner will get nothing, and a points holder is unable to redeem points due to absence of reward inventory, well, make your own mind up.


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Flying Bat
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March 18, 2013 9:07 pm  

mootunesb, post: 1898242, member: 123218 wrote: What about points.com then?

I have to agree.

If the corporates offer a permit for corporates to deal. is it right that the rules of the game dictate that the individual has lesser rights than that of a corporate entity?


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GoodBoy
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March 19, 2013 2:54 am  

Quasiconvexity, post: 1897915, member: 341 wrote: I believe such an exchange does exist, but is only accessible to Gold members of Milepoint.

CC is the obvious choice at this point for volume


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GoodBoy
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March 19, 2013 2:55 am  

iolaire, post: 1897928, member: 250 wrote: Its a very quite place...

solitary nearly


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GoodBoy
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March 19, 2013 2:56 am  

Quasiconvexity, post: 1897915, member: 341 wrote: I believe such an exchange does exist, but is only accessible to Gold members of Milepoint.

Gold members can nominate you to the exchange


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GoodBoy
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March 19, 2013 3:02 am  

JoeCortez, post: 1898233, member: 87897 wrote: To complicate things even more, the companies argue that the points are not your property - the points belong to them. And any misuse of the points are right to revoke. Though it is my personal opinion that the ownership can be argued - especially when they can be bequeathed, their value can be challenged in court, and you may be able to be taxed upon their value.

It seems like a slippery slope to me, considering how fragile they are. And when you consider the hotel devaluation of 2013, and continued fluxuation in the actual redeemable value, is this a good value proposition for either barterer?

people place different values on points, relative to their specific opportunity cost


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GoodBoy
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March 19, 2013 3:02 am  

mootunesb, post: 1898242, member: 123218 wrote: What about points.com then?

the commissions/margins IMHO make that unattractive


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B1BomberVB
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March 19, 2013 3:16 am  

Bang-on, FlyingBat #8! It is inconsistent & hypocritical for airlines & hotel co.s to approve of points.com trades where big, fat fees apply but to prohibit 2 customers from saying privately, "I'll use my 40K BA Avios to book your flight, while you use your 120K HHonors points to book me a room!" Reminds me of dictatorial countries with garbage currencies who outlaw private forex dealing so the govt. makes all the money & controls the people!

Every flight is a nonstop flight to somewhere!


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