Amazing deal with Starwood's Redeem & Reward promotion

Starwood has a launched a promotion called 'Reward & Redeem' that rewards SPG's members on select SPG redemptions at 21 Starwood Resorts in the U.S. and Canada. The promotion is valid for award stays between October 21 and December 20, 2012. How it works is that you have to book anyone of the resorts at the full redemption price (so you will have to have enough Starpoints in your account) then after you complete your stay, SPG will 'bonus' back 30%, 40%, or 50% of the points to your account. This is an amazing deal as some of the hotels included run 30,000 Starpoints a night and are at 50% off meaning you will actually only spend 15,000 Starpoints.

Here is the complete list properties participating:
50% savings:
• The St. Regis Aspen Resort, Colorado, USA
• The St. Regis Bahia Beach Resort, Puerto Rico, USA
• The St. Regis Bal Harbor Resort, Miami Beach, Florida, USA
• The St. Regis Monarch Beach, Dana Point, California, USA
• The Phoenician, a Luxury Collection Resort, Scottsdale, Arizona, USA
• W South Beach, Miami Beach, Florida, USA
• The Westin Diplomat Resort & Spa, Hollywood, Florida, USA

40% savings:
• W Retreat & Spa — Vieques, Puerto Rico, USA
• The Westin Trillium House, Blue Mountain, Ontario, Canada
• The Westin St. John Resort & Villas, Virgin Islands, USA
• The Westin Mission Hills Resort & Spa, Rancho Mirage, California, USA
• The Westin Grand Cayman Seven Mile Beach Resort & Spa, Cayman Islands
• The Westin Resort & Casino, Aruba
• Sheraton Nassau Beach Resort & Casino, Bahamas

30% savings:
• Sheraton Steamboat Resort, Steamboat Springs, Colorado, USA
• Sheraton Wild Horse Pass Resort & Spa, Chandler, Arizona, USA
• The St. Regis Deer Valley, Park City, Utah, USA
• The Westin Kierland Resort & Spa, Scottsdale, Arizona, USA
• The Westin La Cantera Hill Country Resort, San Antonio, Texas, USA
• The Westin Savannah Harbor Golf Resort & Spa, Georgia, USA
• The Westin Whistler Resort & Spa, British Columbia, Canada

Considering that it will be or is high season at some of these locations (think ski destinations like Whistler and Aspen) you can see how this offer is a great deal. If you don't have enough points and the value works out you may even want to buy Starpoints during the current 20% off sale to use towards a redemption at one of these properties.

To participate in the Redeem & Reward promotion you must register first which you can do so here.