Given this post from William this morning (10:55 CDT a.m. on July 20), it seems highly unlikely to me that floater TP certificates are going to be converted to anything other than points in the new program. Speculation about them be converted to other kinds of certificates seems to be wrong.
Originally Posted by
Starwood Lurker
Any outstanding awards for certificates with a pre-defined category (like Chase or MegaBonus promotional certificates) will be converted to a commensurate value with the new award schedule. Other floater certificates will be cancelled and converted to equivalent points, credited to the member’s account for future redemption.
If you are asking for an exact conversion amount, all we can tell you is we are currently reviewing how to handle existing travel package awards already in members' accounts that remain unattached. Members should make every effort to book and attach these certificates prior to our programs becoming one to maximize their usage as this may or may not be forthcoming before the programs merge.
Best regards,
William R. Sanders
Social Media Specialist
Starwood Hotels & Resorts LLC
[email protected]