{
  "record": "worked-example-2026-07-14",
  "publisher": "Award Rate",
  "page": "/guides/points-and-miles-for-beginners/",
  "searchedOn": "2026-08-06",
  "searcher": "nicholas-miles",
  "modeled": true,
  "note": "MODELED ILLUSTRATION, not a recorded search. The award price is checkable against the published chart named in the reproducible field; the cash price is a constructed typical all-in rate for the product. This record exists so the arithmetic is inspectable, and it is replaced by a real logged observation when the sampling pipeline produces one for this trip shape.",
  "legs": [
    {
      "kind": "flight",
      "query": "LAX–ORD one-way, United, economy, departing 2026-09-09; cheapest bookable award on the date",
      "searchedAt": "united.com MileagePlus award calendar",
      "program": "United MileagePlus",
      "cash": 412,
      "points": 32000,
      "taxes": 5.6,
      "reproducible": false,
      "centsPerPoint": 1.27,
      "derivation": "(cash − taxes) ÷ points × 100"
    },
    {
      "kind": "hotel",
      "query": "Hyatt Regency Chicago, standard king, one night 2026-09-09; Category 4 standard award rate",
      "searchedAt": "hyatt.com, points display on",
      "program": "World of Hyatt",
      "cash": 340,
      "points": 15000,
      "reproducible": "World of Hyatt publishes its award chart and the property's category, so the award price is confirmable today against the published Category 4 standard rate. Only the cash rate is a point-in-time observation.",
      "taxes": 0,
      "centsPerPoint": 2.267,
      "derivation": "(cash − taxes) ÷ points × 100"
    }
  ]
}