The Intercontinental Hotel Group (IHG) who owns such places as InterContinental and Holiday Inn often offers amazing points deals in the winter/spring season to garner more stays. Reduced award redemptions at 5,000 points a night is an incredible deal. They recent released their official list so check it out!
Another great deal applies to anyone with a Citibank co-branded American Airlines card. If you open up a new checking account and follow their guidelines for spending policies, you can earn 50,000 AA miles. That is enough for a one-way business class ticket to Europe right now (going up to 57,500 on March 22). Check out the details here.