I am a legacy SPG member, so apologies is this is more clear to legacy Marriott members.

I am considering an award reservation at a resort. Even though the dates are very far out, the website says that the date for cancellation has passed (i.e., not 24/48/72 hour cancellation policy).

What are people's experiences with this? Is it enforced if I cancel say 6 or 8 months before? Also, what specifically is "forfeit" -- the points used for the reservation or some dollar amount (e.g., equal to the room rate)?

I am Platinum in the combined program if that adds anything to the mix.

Many thanks.


Edited to add: Apologies for misspelling forfeit in the title, which of course can't be changed!