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The Aeroplan HotelSavers program gives Air Canada Aeroplan members the chance to redeem points for hotel stays at more than 35 major hotel brands worldwide. The program offers up to 30% in savings on hotel awards, making it an interesting option for travelers looking to stretch their points if they'd rather use their rewards for something other than award flights.
In addition, Aeroplan co-branded credit cardholders can unlock even more value with the fourth-night-free perk, which has been extended through December 31, 2025. This effectively adds another 25% discount to longer stays.
But does HotelSavers deliver the value it suggests, or are you better off using your Aeroplan points for flights? Let’s take a closer look at how the program works and whether the savings — especially with the fourth-night-free benefit — justify redeeming points for hotel stays.
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How Aeroplan HotelSavers Works
Redeeming points through HotelSavers is straightforward. Visit the Aeroplan HotelSavers webpage, click “Redeem now,' and search for your desired stay. Participating hotels will display a red “HotelSavers” sticker in the top left corner of the listing, indicating discounted rates.
What do HotelSavers award nights cost?
HotelSavers properties are divided into eight categories. Redemptions start at 10,000 points per night for Category 1 hotels and go up to 105,000 points for top-tier luxury properties in Category 8. For a more general idea of (practical) pricing, Category 3 hotels typically require 20,000 to 30,000 points per night, while mid-range stays in Category 5 fall between 35,000 and 50,000 points.
For instance, a quick search for a long weekend in Paris in May 2025 brings up a wide range of options. On the lower end, properties like the Adagio Access Paris Asnières Aparthotel and Adagio Access Paris Quai d’Ivry Aparthotel are available for 18,000 points per night.
Mid-tier options include the InterContinental Champs Elysees, starting at 51,800 points.
Or if you’re aiming for luxury, the Shangri-La Paris tops the list at a staggering 178,800 points per night.
Aeroplan HotelSavers payment options
Travelers have three payment options when booking: points, cash, or a 50/50 split. For example, a stay costing 72,000 Aeroplan points could also be booked for $525 CAD (around $365 USD). Alternatively, travelers can pay half in points (36,000) and the remaining balance of $263 CAD (around $183 USD).
And it’s important to note that the cash-and-points split is fixed. There’s no way to customize the ratio. If you don’t have enough points to cover the stay, you’ll need to pay the balance in cash at checkout.
Is Aeroplan HotelSavers Worth the Points?
Let's look at the math to determine whether HotelSavers offers good (or even decent) value. Without the fourth-night-free perk, the numbers can be disappointing. Take a night at the Outrigger Reef Waikiki Beach Resort, for example.
At 48,950 points per night, the cash equivalent for the same stay is around $353 USD. This means your Aeroplan points are only worth 0.98 cents each — a poor return compared to using those same points for flights.
For context, booking a one-way transatlantic economy flight from Vancouver to London through Aeroplan costs 40,100 points plus C$61 in taxes and fees.
Paying cash for the same flight would cost roughly $796 USD. Thus, this redemption comes out to 1.98 cents per point, nearly double the value you’d get from booking this hotel stay.
Unless you’re committed to using your Aeroplan points for a hotel stay, redeeming points for airfare will consistently offer better value. This is especially true for business-class flights or long-haul redemptions, where the cents-per-point value easily exceeds hotel redemptions.
Related: The Secret Sweet Spots of Aeroplan Stopovers and Open Jaws
How Does the Fourth-Night-Free Perk Change the Equation?
The HotelSavers fourth-night-free perk is available to Aeroplan co-branded credit cardholders. Cardholders essentially receive one night free for every four-night stay, and the benefit can be stacked on longer bookings — two free nights on an eight-night stay, three on a twelve-night stay, and so on.
To showcase how this benefit works, a four-night stay at the InterContinental Bora Bora Resort Thalasso Spa in May 2025 would typically cost 517,400 points. With the fourth-night-free perk, that total drops to 388,050 points.
While this sounds like a significant discount, the cash equivalent for the stay is $6,208 USD, meaning the redemption still values each point at just 1.59 cents. This is slightly better than the Outrigger example but still underwhelming compared to average Aeroplan redemptions by AwardWallet users.
At the lower end, a four-night stay at the Holiday Inn Brooklyn Downtown costs 202,000 points without the perk but drops to 151,500 points with it. Paying cash for the same stay would cost about $1,511 USD, resulting in a dismal 0.75 cents per point.
The biggest takeaway? Even with the fourth-night-free perk, hotel redemptions often yield subpar returns compared to flights.
Related: All About the 45+ Airlines You Can Book Using Aeroplan Points
Who is eligible for the fourth-night-free HotelSavers benefit?
The fourth-night free benefit is available to holders of Aeroplan co-brand credit cards both in the U.S. and Canada for bookings through 2025. Examples of eligible cards include:
- Aeroplan® Credit Card
- TD® Aeroplan® Visa Infinite Privilege Card
- TD® Aeroplan® Visa Business
- American Express® AeroplanPlus®* Platinum Card
- CIBC Aeroplan® Visa Infinite Card
- Earn 75,000 bonus points
- Earn 75K bonus points after you spend $4,000 on purchases in the first 3 months your account is open.
- $95 Annual Fee
- Redeem points for both international and domestic flights with the Aeroplan® Credit Card.
- Fly to another continent and travel the world with the Aeroplan® Credit Card.
- Earn 3X points for each dollar spent at grocery stores, on dining at restaurants, and Air Canada directly. Earn 1X point for each dollar spent on all other purchases.
- 500 bonus points for every $2,000 you spend in a calendar month - up to 1,500 points per month.
- Member FDIC
- Rates & Fees
- 3x points directly with Air Canada
- 3x points on dining, including takeout and eligible delivery services
- 3x points at grocery stores
- 1x point on all other purchases
Boosting Your Aeroplan Balance
If you’re just short of the points needed for a hotel redemption, Aeroplan makes it easy to top up your balance by transferring points from various programs. Amex Membership Rewards, Capital One, Chase Ultimate Rewards, and Marriott Bonvoy all allow transfers to Aeroplan.
And if you don't yet have a co-branded Air Canada card, you might consider applying for the Chase-issued Aeroplan® Credit Card. New applicants can earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months your account is open.
Related: Do Air Canada Aeroplan Points Expire?
Our Take
HotelSavers is a convenient but generally inefficient way to redeem Aeroplan points. Without an Aeroplan co-branded credit card, the program’s value pales in comparison to flight redemptions. Even with the fourth-night-free perk, the returns rarely match the value you’d get from using Aeroplan points for premium cabin flights or international travel.
That said, if you find yourself sitting on a surplus of Aeroplan points and need to put them to use, HotelSavers can provide a simple way to cover hotel stays. But for those looking to maximize every point to the fullest extent, you're likely better off sticking to award flights.
For rates and fees of the cards mentioned in this post, please visit the following links: Aeroplan® Credit Card (Rates & Fees)
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