Aeroplan Hotel Points Back Offer: 10,000 Points Back on Hotel Bookings

Most of the time, I’d tell you to save your Aeroplan points for flights, where the value is almost always better. But there’s a new promotion that makes redeeming them for hotels worth a second look.

From June 10 to June 22, 2026, Aeroplan members can get 10,000 Aeroplan points back when they redeem 50,000 points or more on an eligible hotel stay. Just enter promo code HOTEL626 at checkout.

Unlike the last version of this offer, this one is hotels only, with no car rentals, and the threshold has dropped to 50,000 points. Let’s crunch the numbers.

Aeroplan Hotel Points Back Offer: 10,000 Points Back

Any Aeroplan member in good standing can use promo code HOTEL626 to get 10,000 points off an eligible hotel stay when the total is 50,000 points or more before the code is applied.

The booking window runs from June 10, 2026 at 12:01am NST to June 22, 2026 at 11:59pm PST. You enter the code at checkout on the Aeroplan travel portal, and if your cart shows 50,000 points or more, the 10,000-point reduction applies automatically before you confirm.

You need enough points to cover the full total before the code is applied. Local taxes and fees, such as resort or destination fees, may still be collected directly by the property.

There’s one detail worth flagging. The rebate is a flat 10,000 points, so the discount shrinks the more you redeem.

At the 50,000-point floor, that’s an effective 20% discount. Push the same booking to 100,000 points and the 10,000 back is only 10% off.

Since there’s no limit on how many times you can use the code, the smart move on a longer trip is to break it into separate four-night bookings. Each one captures the Fourth Night Free discount and earns its own 10,000 points back, as long as it still clears the 50,000-point threshold.

This offer is also combinable with Aeroplan’s Fourth Night Free benefit. A four-night stay often prices at three nights in points, and then HOTEL626 knocks a further 10,000 points off if the total still meets the 50,000-point threshold.

Is Booking Hotels with Aeroplan Points a Good Deal?

Generally speaking, you’ll get the best value by using your Aeroplan points for flights, especially in premium cabins.

But a hotel redemption can still be useful in the right situation. If you’ve got another program covering the flight portion of a trip, and a stay booked through HotelSavers lines up well, putting your Aeroplan points toward a hotel can make sense.

The catch is that you have to do the valuation yourself. Hotel redemptions tend to return around 1.7 to 1.8 cents per point (CAD), below our valuation of Aeroplan points at 2.1 cents per point, and the real number swings a lot by property.

Take a four-night stay at the NH Collection Granada Victoria in Spain this July. The Fourth Night Free benefit trims it to 60,500 points, and HOTEL626 knocks off another 10,000, for a final price of 50,500 points.

Before redeeming, though, check the cash price. The same four nights, same room, book directly with NH Hotels for €360.97, which is about $580 (CAD) at mid-June exchange rates.

That works out to roughly 1.1 cents per point (CAD), well below our valuation. For a stay like this, I’d be hesitant to use points at all, and would pay cash to keep them for a flight.

A pricier hotel flips the math. During a previous promotion, a four-night stay at the Muu Bangkok Hotel, a Small Luxury Hotels property, priced at 60,750 points after the Fourth Night Free discount, against a cash rate near $1,138 (CAD).

That promotion took 15,000 points off, dropping the stay to 45,750 points, which works out to around 2.5 cents per point. This offer’s rebate is smaller at 10,000 points, so the same booking would come to about 50,750 points, or roughly 2.2 cents per point.

That clears our 2.1-cent valuation, so this is the kind of redemption that makes sense.

If you don’t hold one yet, the Aeroplan co-branded credit cards below are worth comparing.

Conclusion

This is a smaller rebate than the 15,000 points Aeroplan offered last fall, but the lower 50,000-point threshold makes it easier to hit, and a flat 10,000 back is still a 20% discount when you book near that floor.

If you were already planning a hotel redemption and the cash rate is high relative to the points price, the extra 10,000 points back is a nice bonus. If the cash rate is cheap, like the Granada stay above, pay cash and keep your points for flights.

The booking window closes June 22, 2026, so run the numbers on your stay first and make sure the value lands where you want it.