It's that time again! AwardWallet Blog has dropped its quarterly "Points of Interest" roundup, highlighting key changes in the world of airlines, hotels, and loyalty programs. While Q4 2025 was relatively calm, the beginning of Q1 2026 is already hinting at bigger shifts. Think of this as your cheat sheet to stay ahead of the curve. These changes, while sometimes small, can definitely impact how you maximize your points and miles. Are transfer ratios changing? Is a favorite lounge closing its doors? Are there new redemption options you should know about? This post is designed to keep you informed and help you adjust your strategies. The initial post teases changes such as Amex potentially shuttering a Centurion Lounge, transfer ratio changes for a major program, and a new HSBC redemption option. It’s worth taking a few minutes to dive into the details to ensure you're still getting the most bang for your buck from your travel rewards.