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Patagonia - All Inclusive or a la carte

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My husband and I are flying to Punta Arenas in November arriving around 6pm. Tentatively itinerary is:
Sat - arrive Punta Arenas and stay in town overnight.
Sun - morning visit one of the penguins colony. (Is both Seno Otway and Isla Magdalena open in November? Which one is better for half day morning visit?) Head to Puerto Natales in the afternoon for 4 nights there.
Fri - red eye flight leaving punta Arenas at 2am

I am debating if we should take the 4 days all inclusive program with transfer from Punta Arenas, all meals and activities for about $5,000 or should we just book the hotel for around $300 a night ($1,200 for 4 nights). There is a difference of $3,800. If I book my own transportation and activities, will it cost that much? We would like to do the full day hiking to the base of the Tower and couple other half day hikes in the park. Is it easy to hike on our own or is it better to join a hiking tour? Any advice?

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