Moderator- please place where appropriate, possibly a new bad-ass or dumb-ass forum Super lurker with too few posts but I couldn't help myself this time. I'll be going to Kiev,Ukraine next year in June for the soccer 2012 Euros and thought I would check on award availability for the Intercontinental Kiev. (Note- there is almost NEVER award stays at huge events like this as I always go and have to pay cash). To my utter shock there were award redemptions for all but 1 day I would be there! After days of deliberating (more on that later) I pulled the trigger an hour ago and got three nights. I checked on the "Best Available" rate for the nights I would be there and they show the cheapest rooms for $2,240.00 Euros each night! I got them for 20k points and $60! This has got to be some kind of award record- or is it? What is the most you have saved with a hotel award? Now for the bad news- the "cancellation policy". Apparently, if I am a no-show or cancel my stay my credit card will be charged the going rate for the room- which as you saw above is over $3000.00 dollars! I confirmed this with 2 separate CSR's. Hence the days of deliberation. I thought it was too good an award to pass up so I went with it. Is there any kind of travel insurance that can insure for such an amount? Hope you found this entertaining and any advice would help.