Hilton has started to devalue its Honors points now rather frequently, as they had a major one in December (read more here) when hotels became up to 150K/night, and then another one this past May (read more here) when the nightly max was further raised to 200K.
It seems Hilton cannot stop increasing these points prices until there are zero takers, as from today, the most sought-after high-end properties cost a whopping 250,000 points per night!
A great solo travel tip spotted this week on LoyaltyLobby.