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I spent 2 nights here in August 2012. I was on a mini-RTW from San Francisco via Osaka and Shanghai (flights later got cancelled because of the hurricane that made landfall that day), Singapore, India and Europe.

The majority of my time I'd be spending in India and I only planned 2 nights in the Maldives. I initially considered the Park Hyatt Hadahaa and the two Hiltons but the local flight costs ($450+) scared me off. At the time I also was not as heavily invested in both programs as I am now.

Enter Priority Club – which provides award redemptions for the Holiday Inn at 25k Priority Club points. Although this will go up by March 18th 2013 you can still redeem at this level until March 18th by calling in to make an award reservation. At the time that represented $150 (you could buy 5k points at $30). A very good value for the rather expensive Maldives resorts. Also the island is reachable by speedboat and transportation is charged 'only' $180 return.