In the Cash + points option above, rather than getting $.006/pt, the TPG valuation for Choice points at that time (& now, 4/18/22), you could get 22 cents per point., which is 36.6 times the TPG valuation.
Points Promos for Hotels
Hotel Links for Options with Points w TPG Points Valuations
Hotels in $, w/ Discounts or points back
(BEST IN LOW SEASON FOR POINTS THAT DON'T HAVE OFF-PEAK DISCOUNTS ON POINTS & WHEN HOTEL POINTS DIRECTLY WITH HOTELS ARE GETTING LOW PER POINT VALUE VS TPG VALUATIONS)
My favorite of these for highest average return value is Open Table, where points are worth 2 cents each when redeemed for hotels. This way the first booking I did with them was around 90% in value back on a points booking in DC if I remember correctly. Here is another example where for $186 you are getting 8k points ($160 in value across 2 future bookings) so it's like a net cost of $26 if you would pay $160 for 2 hotels in the future of at least $80 each. I recommend buying when the points return is excellent and redeeming for hotels when you are looking to spend only slightly above $80 & there are superior options available than those of low net spend in that range. Some options can go either way like this date with Holiday Inn Washington College Park with a net cost of $33 (93-[3k*$.02]) or $13 if you use 4k points. To find the best options, the site makes it relatively easy. Sort by "Points HIGH - LOW" then look for the top option at each points level as they conveniently are arranged by lowest price at the points level first. It also nicely includes a review rating right there & allows you to sort by price, review rating, etc.