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Old Jan 8, 2013, 3:47 pm
  #2611  
 
Join Date: Sep 2012
Location: YVR
Posts: 1,847
Thanks for the info, guys. I have a feeling they will be fairly useless.

It's too bad...I thought they were going to be like 'credits' towards breakfasts, wifi and parking, etc. for future stays...
pokee is offline  
Old Jan 8, 2013, 5:26 pm
  #2612  
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Join Date: Dec 2010
Posts: 4,153
Originally Posted by Counsellor
I doubt it was that. I think it was that the selling-on ruined Marriott's calculations on how much to charge for the Bonus Bucks.

If they can't be sold on, there will be a greater number that expire unused. If their calculations of the "breakage" (as it's called) were that 60% would expire used, they could get away with charging the merchants who were distributing the Bonus Bucks as incentives $41 for a $100 bonus buck and (except for some administrative costs) actually turn a profit. However, if the breakage turned out to be only 20% and 80% of those $41 certificates were actually used, there's a loss in the making.

(Actually, the calculations are more complicated than that, since it was reported that Marriott would not pay the property $100 for accepting the $100 certificate -- the property also had to absorb a discount -- but the general idea remains valid: if more certificates are redeemed than they calculated, this could cause a loss.)

I talked once with a merchant whose firm had used the Bonus Bucks as a marketing incentive, and he said that (as he recalled) when they first began using them Marriott sold them at about 25% - 30% of face value, but when they quit the price had more than doubled. Got to be a pretty expensive incentive. If enough merchants felt the same way, the market for Marriott would have dried up. Perhaps that's why we don't see them anymore (except occasionally as a promotion by Marriott properties themselves).
Their breakage assumption is 85 percent. We were cut off from purchasing them when we approached a redemption of around 50 percent. Also, at the time, Marriott sold 100 GBP vouchers for USD29 apiece, about 15 cents on the dollar.
FlyerTalker683455 is offline  
Old Jan 8, 2013, 6:35 pm
  #2613  
 
Join Date: Jul 2001
Programs: Marriott LT Tit; Hyatt Explorist; Hilton CC Gold; IHG CC Plt; Hertz (MR) 5 star
Posts: 5,536
Bonus bucks/extra euros/premium pounds was the #2 reason behind Lifetime status that I jumped ship from Starwood back in 2005. Too bad they went the way of the dinosaur; they really made the Marriott chain a bargain.
iflyjetz is offline  
Old Jan 9, 2013, 8:26 pm
  #2614  
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Join Date: Dec 2010
Posts: 4,153
Originally Posted by iflyjetz
Bonus bucks/extra euros/premium pounds was the #2 reason behind Lifetime status that I jumped ship from Starwood back in 2005. Too bad they went the way of the dinosaur; they really made the Marriott chain a bargain.
Occasionally I would check out with a credit n my folio, having to hit the gift shop or restaurant to make it go away. Full MR and bonus points and all benefits offered.
FlyerTalker683455 is offline  
Old Mar 8, 2013, 6:29 am
  #2615  
 
Join Date: Jun 2006
Location: NJ USA
Programs: AA PLAT 2MM, MR TITANIUM 2M, HH DIA, Hyatt EXP, BW DIA, IC AMB, IHG PLAT, UA GLD
Posts: 1,086
Bonus Bucks Rate code MRP says:

Book Your Weekend Getaway by April 15th

Now through April 30, 2013, stay two consecutive nights Thursday - Sunday at a participating JW Marriott®, Renaissance® & Marriott® hotels and enjoy:
10% off best available room only rates
$100 Bonus Bucks® towards a future stay
Deluxe accommodations


I was able to book MRP rate for ONE WEEKDAY night. When I received confirmation the Summary of Room Charges said:

Member Exclusive $100 Bonus Bucks, 10 percent off Best Available Rates, 100 USD Bonus Bucks per stay, see Rate Rules

Will hotel honor the rate and give me the bonus bucks as reservation does not fit the Rate Rules but the reservation did accept the rate code?


Thanks
fmkgb is offline  
Old Mar 8, 2013, 12:25 pm
  #2616  
 
Join Date: Jun 2007
Location: FLL
Programs: Delta GM, (fmr US CP/PP/GP!), DL SkyClub, Marriott Lifetime Platinum, Avis Chairman's Club
Posts: 5,162
Originally Posted by fmkgb
Bonus Bucks Rate code MRP says:

Book Your Weekend Getaway by April 15th

Now through April 30, 2013, stay two consecutive nights Thursday - Sunday at a participating JW Marriott®, Renaissance® & Marriott® hotels and enjoy:
10% off best available room only rates
$100 Bonus Bucks® towards a future stay
Deluxe accommodations


I was able to book MRP rate for ONE WEEKDAY night. When I received confirmation the Summary of Room Charges said:

Member Exclusive $100 Bonus Bucks, 10 percent off Best Available Rates, 100 USD Bonus Bucks per stay, see Rate Rules

Will hotel honor the rate and give me the bonus bucks as reservation does not fit the Rate Rules but the reservation did accept the rate code?


Thanks
I don't have an answer for your question, but I would like to know where you found that rate offer, and was there a "hotels not participating" list?
USirritated is offline  
Old Mar 8, 2013, 4:03 pm
  #2617  
 
Join Date: Jun 2006
Location: NJ USA
Programs: AA PLAT 2MM, MR TITANIUM 2M, HH DIA, Hyatt EXP, BW DIA, IC AMB, IHG PLAT, UA GLD
Posts: 1,086
Originally Posted by USirritated
I don't have an answer for your question, but I would like to know where you found that rate offer, and was there a "hotels not participating" list?
The promo was emailed to me by Marriott on Feb 13. There is no "hotels not participating" list in the email. I booked my res on Marriott's website.

Again, the promo says bonus bucks are available for 2 night weekEND res. I booked a one night weekDAY res and the confirmation's Summary of Room Charges says: "Member Exclusive $100 Bonus Bucks, 10 percent off Best Available Rates, 100 USD Bonus Bucks per stay, see Rate Rules "

If my booking dates did not abide by the hotel's rules, shouldn't the rate code not have worked?
fmkgb is offline  
Old Mar 9, 2013, 10:02 am
  #2618  
 
Join Date: Mar 2009
Location: SNA
Programs: M/R AMBASSADOR/LT/TIT/UASILVER/AAGOLD
Posts: 469
Originally Posted by USirritated
I don't have an answer for your question, but I would like to know where you found that rate offer, and was there a "hotels not participating" list?
https://www.marriott.com/specials/me...splayLink=true
jtp1947 is offline  
Old Mar 9, 2013, 6:32 pm
  #2619  
 
Join Date: Jun 2007
Location: FLL
Programs: Delta GM, (fmr US CP/PP/GP!), DL SkyClub, Marriott Lifetime Platinum, Avis Chairman's Club
Posts: 5,162
Originally Posted by fmkgb
The promo was emailed to me by Marriott on Feb 13. There is no "hotels not participating" list in the email. I booked my res on Marriott's website.

....snip....
Aha, there was not "hotels not participating" because there was a "hotels participating" list as it is limited to Florida only.
USirritated is offline  
Old Jan 31, 2014, 10:18 pm
  #2620  
 
Join Date: Jan 2004
Location: Chicagoland/ORD
Programs: UA Million Miler (Gold), Hilton Diamond, Marriott Gold
Posts: 3,458
Extend expiration date?

I got a $100 bonus buck when I checked out today. The expiration is June 17, so good for only 4 1/2 months, making it useless for me. I have a Marriott reservation in late September, and was planning to use it then. The desk clerk talked to her manager about the date, but all their bucks had the same date and they had no way to extend it there.

So my question is: Has anyone successfully got the date extended by calling Marriott?
linsj is offline  
Old Feb 1, 2014, 3:00 am
  #2621  
 
Join Date: Nov 2005
Location: RTW
Programs: MR Ag, LH FTL
Posts: 947
No, never.
slowly is offline  
Old Feb 3, 2014, 12:08 pm
  #2622  
 
Join Date: May 1998
Posts: 6,790
Originally Posted by linsj
I got a $100 bonus buck when I checked out today. The expiration is June 17, so good for only 4 1/2 months, making it useless for me. I have a Marriott reservation in late September, and was planning to use it then. The desk clerk talked to her manager about the date, but all their bucks had the same date and they had no way to extend it there.

So my question is: Has anyone successfully got the date extended by calling Marriott?
As slowly said, there are no reported successes that I know of of a recipient calling Marriott to get the date extended. However, there have been cases of hotels that had only short-dated certificates on hand to issue being able to exchange them with Marriott for certificates bearing a longer validity.

So two challenges:

1. You'd have to get the hotel to contact Marriott about exchanging the certificate. I suppose it doesn't hurt to ask.

2. Usually Marriott seems to consider the certificates OK if the remaining validity is six months or more. So, even if they did exchange a certificate with 4-1/2 months' validity, you may still not get one that would be valid for your stay in September. The validity date must extend through your check-in date, not the date you made the reservation.

Good luck.
Counsellor is offline  


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