The South By Southwest conference and festival floods the city of Austin with visitors for 10 days every spring, causing hotel prices to skyrocket.
For those not on the company tab, that could mean paying hundreds of dollars per night if you want to stay anywhere near the action downtown.
But, if you have a stockpile of hotel points, you could stay for free.
Keep in mind, under normal circumstances most hotel points are valued at only about a half a cent, though Hyatt and SPG points are more valuable.
During SXSW you could get amazing value out of your points.
Here are some options:
Night 1: Hyatt Regency Austin
A Hyatt point is worth: ~6.6 cents. Woah!
Pay cash: