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Originally Posted by pvrMM3
(Post 37473453)
Chase has implemented a minimum price point formula for hotels to be included, actually the formula equates out to how much commission they will get off the booking vs. what it will cost them to pay the hotel for the extra benefits. I just learned on this working with clients on Monday, that own a large number of Hotels in the Marriott, Hyatt, and Hilton franchise systems (I know Hilton's are not part of it). This is far different than the 2 hotel programs Amex offers its clients. For example you could stay at a Hilton family hotel that is pretty equal compared to the JW Marriott (both 5 stars, amenities, finish, etc.) just down the street, The Conrad is part of the Amex program at sub $250 USD per night, but you can't get anything in the Marriott Family unless it hits $450 or more per night.... During high demand that JW Marriott when a normal room is $844 USD per night, it's available through the Edit, but when it's $228/nigh it's not. This program is not very often a real benefit from what I can see and gather. Also point redemptions have always worked out from credit card spend to be better with the Bonvoy Card than CSR points, generally 5 to 20% better, and I have searched over 50 potential bookings.
I was pleased to stay 2 nights in Minneapolis for $22 (after the Amex $300 credit) and 2 nights in Chicago for $165 (after the old $200 credit) and had plenty of good food, but curious how it works out for Amex, Hilton, and the hotels.....earned points on both stays....so you could almost say I made money on the MSP stay, after the points posted. |
Originally Posted by pvrMM3
(Post 37473453)
Chase has implemented a minimum price point formula for hotels to be included, actually the formula equates out to how much commission they will get off the booking vs. what it will cost them to pay the hotel for the extra benefits. I just learned on this working with clients on Monday, that own a large number of Hotels in the Marriott, Hyatt, and Hilton franchise systems (I know Hilton's are not part of it). This is far different than the 2 hotel programs Amex offers its clients. For example you could stay at a Hilton family hotel that is pretty equal compared to the JW Marriott (both 5 stars, amenities, finish, etc.) just down the street, The Conrad is part of the Amex program at sub $250 USD per night, but you can't get anything in the Marriott Family unless it hits $450 or more per night.... During high demand that JW Marriott when a normal room is $844 USD per night, it's available through the Edit, but when it's $228/nigh it's not. This program is not very often a real benefit from what I can see and gather. Also point redemptions have always worked out from credit card spend to be better with the Bonvoy Card than CSR points, generally 5 to 20% better, and I have searched over 50 potential bookings.
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Originally Posted by atcanobbio
(Post 37474904)
very interesting. After much looking around at different properties and comparing the data to my friend who has AMEX FHR, I, 1000%, agree that the Edit Hotels benefit is not what is touted. This combined with (what seems) the airline points boost scale back, this CSR refresh is not that great, imo.
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Originally Posted by diesteldorf
(Post 37474489)
Thanks for sharing.....extremely interesting. I don't have the CSR, and I know you said Hilton is not a part of it......curious if there are even many Hiltons listed on THE EDIT.
I was pleased to stay 2 nights in Minneapolis for $22 (after the Amex $300 credit) and 2 nights in Chicago for $165 (after the old $200 credit) and had plenty of good food, but curious how it works out for Amex, Hilton, and the hotels.....earned points on both stays....so you could almost say I made money on the MSP stay, after the points posted. |
Originally Posted by Alinsfca
(Post 37475111)
there are only a very limited number of hotels on the Edit that will add value to me..
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Originally Posted by mahasamatman
(Post 37476328)
All you need is two per year.
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Unhappy with The Edit Reservation
Hello, I made a reservation for a hotel in May, using Chase points on a "The Edit" hotel property. Fortunately, I thought, I could cancel without penalty till 7 May.
When I reviewed the reservation, I saw it was a king bed and I waned 2 queens, I called the property first and was told there was no availability for 2 beds for the 2 days I booked, nor for the following nights. They told me there were "suites" available at a higher cost, but that I needed to call Chase. I spoke to 3 people at Chase due to numerous transfers (call took over a half an hour). At the end of the call, when I said I wanted to cancel, I was told REDEPOSITED POINTS WOULD BE ONLY USABLE AT 1:1 rate, rather than 1.5:1 (pre--October 26, 2025 level). I told them not to cancel, I'll probably need to escalate this issue. Has anyone encountered this problrem? |
Originally Posted by Alinsfca
(Post 37476346)
I am not sure what is the point of your response.
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Originally Posted by SoFlaFlyer737
(Post 37476378)
I was told REDEPOSITED POINTS WOULD BE ONLY USABLE AT 1:1 rate, rather than 1.5:1 (pre--October 26, 2025 level).
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Originally Posted by Alinsfca
(Post 37476346)
I am not sure what is the point of your response. I understand the terms and I have done my homework. You don't know my travel pattern.
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Originally Posted by Boraxo
(Post 37476693)
Exactly. So far I'm finding zero per year without extraordinary effort. And my travel to the few luxury properties that might work does not fall neatly into semi-annual boxes. To be fair I have similar issues with Amex but at least they have 10x more properties, don't require 2 night stay (at least for THC) and I can use anytime during the year.
Chase changed The Edit credit to be twice per year, anytime, not semi-annual anymore. Likely won’t change your opinion, just making sure the correct info is out there for others. |
Originally Posted by mahasamatman
(Post 37476459)
The point is that you only need enough hotels to fulfill the requirements, so even a "limited number" can be sufficient.
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Originally Posted by Alinsfca
(Post 37476984)
So you are assuming that I don't know that?
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Originally Posted by pvrMM3
(Post 37473453)
Chase has implemented a minimum price point formula for hotels to be included,....
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Originally Posted by friedablass
(Post 37477295)
Is the minimum price per night uniform across all Edit properties or is it specific to each property and when that property drops below that minimum they're no longer offered as an Edit property? I've seen Edit hotels in Vegas that were under $200 a night and in Orlando under $300 a night so I'm wondering how the minimum price point is determined and applied.
Based on what you are saying about the hotels in Vegas and Orlando, those properties are probably giving Chase all of those extras just to be part of the program. A sign to me that they are looking for more business, than other properties than are going to bill back what ever amount the onsite credit is used to Chase, charge $40 for everyone they end up upgrading, and charge $10/person or more for breakfast back to Chase. |
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