Originally Posted by
Boraxo
Umm not quite. Normally SPG raises its rates - this has happened pretty much every year for the last few years.
I agree they are throwing bones out, but I suspect it is mostly due to the rates falling over the last 6-12 months (especially the last few months) rather than them raising rates.
Originally Posted by
Boraxo
(Not to worry, devaluation will be back as soon as the economy recovers).
And once rates start going up again, you are correct, the category levels will start moving up as well.
Note that while my previous comment was more tongue-in-cheek than not, the principle is that SPG's approach to category levels may give them a bit of a natural advantage over Marriott. SPG's category levels are dropping as the rates drop. Marriott's might actually go up given that members may have more than normal award stays this year, thus driving UP their Cat. levels.