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29 Mar 2022 : Introduction of Dynamic award pricing and removal of award chart

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Old Feb 25, 2022, 8:38 am
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Last edit by: goodeats21
*** It seems the Free Night Certificate + Points "top-off" redemption went live on April 29 or 30th 2022 - Discussions here: https://www.flyertalk.com/forum/marr...on-thread.html ***

Starting March 29, our new flexible point redemption rates will go into effect. That means free nights will align more closely with nightly rates and availability. For stay dates in 2022, you can expect that nearly all of our hotels will have the same minimum and maximum number of points required for redemption — similarly to how they were previously categorized.

All the ways you earn points will not change — you’ll just have more flexibility when you’re ready to redeem.

Plus, starting at the end of April, you can combine your Free Night Award with up to 15,000 points to access more hotels you’ll love.

Our current redemption process will remain in place through March 28. After that, you will not see hotel categories (1–8) or redemption rates classified as Off-Peak, Standard, or Peak. At the same time, as part of our yearly redemption assessment process (similar to our annual category changes in previous years), the minimum point redemption rates will increase for approximately 200 hotels on March 29 — that’s less than 3% of all hotels. You can explore this list of hotels and decide when and where to maximize your free nights.

With our flexible cancellation policy, you can reserve your redemption stay and still modify your reservation if you find a lower rate in the future.

Want to learn more? Check out all our flexible point redemption rates FAQs.

When there is a redemption points rate drop, this info about how to modify award reservations -- on the website, not the app:
If you click to modify the existing reservation, and select to edit payment, it will adjust the points and keep the same reservation
HT to Schnit






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29 Mar 2022 : Introduction of Dynamic award pricing and removal of award chart

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Old Apr 8, 2022, 9:26 am
  #391  
 
Join Date: Jul 2018
Location: Italy
Programs: Accor Gold, Marriott Titanium, IHG Diamond , Amex Platinum
Posts: 1,484
Originally Posted by Mr. BoH
I think you are neither wrong nor unlucky. There is a definite "tilt" towards the properties people are actually looking for to have gone up - aspirational properties, vacation destinations, etc. These are the places where it was possible to extract 2-3 cent value before the changes, so naturally they are the ones that have tended to go up.

More mundane properties that weren't a great deal on points before might have gone down a bit, such as the Coruna AC example above.

I can't say it is a good thing, but I get it. Booking $1,500 /night properties for 70k points wasn't really sustainable on either side.
i can agree with you, but I’m not so sure that these $1,500 were the “real” rate most of the people were booking…with some exceptions

A lot of luxury properties apply special deals trough luxury travel agents and / or must apply long list of benefits to those that are booking at the full rate.

I don’t know how much was the hotel receiving from Marriott for a booking made with 70k points, but for sure the increase on points is huge

I can understand a 5/10/15% increase, also given the period where everything is increasing its price, but when there is a 20/30/50% increase it’s just speculation and devaluation

and I can’t believe they were loosing money before, for years …
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Old Apr 8, 2022, 11:09 am
  #392  
 
Join Date: Sep 2001
Location: SJC (AA PLT 2MM - Marriott LTT - Avis Preferred)
Posts: 2,030
Originally Posted by ALGU
Is it possible to reduce stay length at a property with significantly increased rates, but have the points refunded? Called once and DM’d Twitter but was unsuccessful. Trying to reduce from 3 days to 2 days due to airline schedule change, property went from 35K to 55K~.
At this point, I would just keep the 3-day stay as-is and consider it a cushion for late checkout on day 2, etc.
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Old Apr 9, 2022, 1:32 pm
  #393  
 
Join Date: Mar 2013
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Originally Posted by ntamayo
At this point, I would just keep the 3-day stay as-is and consider it a cushion for late checkout on day 2, etc.
Thanks for the reply but it’s more convenient to just rebook elsewhere since I wouldn’t use the late checkout. I saw a similar response on a different thread prior to posting but unfortunately different situation so thought I’d ask here.
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Old Apr 11, 2022, 4:15 pm
  #394  
 
Join Date: Oct 2006
Location: SFO
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well i've been checking one of my prior bookings (5x nights at cat 8) made right before the deval, it immediately it went up 45K and as time went on it on for a checkin next week it's now actually down 45K overall. so keep checking and you can get them repriced, had to call it bc the website is so bad but worth the effort
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Old Apr 11, 2022, 8:18 pm
  #395  
 
Join Date: Apr 2017
Programs: Bonvoy ambassador - lifetime plat / Hilton diamond / hyatt globalist / AA CK baby!
Posts: 882
well i take it back when i said dynamic pricing wasnt the end of the world.

i used to book top notch suites in london for 15 days for about a million points with a little over 10k sterling co-pay for the upgrade. for a good few cents per point value this way.

now the same room is about a million points (same as before) with a FIFTY THOUSAND cash co-pay. ironically the cash co pay is not only more than the pre-pay rate, but it is more than the fully flexible, non-prepaid rate. so if you pay with points it costs you the points plus MORE cash. points now have a NEGITIVE value it seems.
and here im sitting on a stash of almost 2 million... maybe I'll have to stay in the maldives for a month or two before the properties are free to set ANY pricepoint. At least that is still a pretty good value (eg at the JW)
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Old Apr 12, 2022, 2:31 am
  #396  
 
Join Date: Nov 2010
Location: KSA
Programs: Marriott AMB, Skywards Gold
Posts: 3,737
Originally Posted by stant
maybe I'll have to stay in the maldives for a month or two before the properties are free to set ANY pricepoint. At least that is still a pretty good value (eg at the JW)
Generally I think the only place that deserves a redemption is the Maldives. I never redeemed points at properties outside of the Maldives except for 2, one was a 2 nighter in NYC during new years eve and the other was in Paris due to having a promo for Ambassadors back then of giving back 60K points. But please oh please, don't stay at the JW, the Ritz and the St. Reigs are far much superior properties.
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Old Apr 12, 2022, 3:54 am
  #397  
 
Join Date: Apr 2017
Programs: Bonvoy ambassador - lifetime plat / Hilton diamond / hyatt globalist / AA CK baby!
Posts: 882
Originally Posted by LovetoTravel83
Generally I think the only place that deserves a redemption is the Maldives. But please oh please, don't stay at the JW, the Ritz and the St. Reigs are far much superior properties.
Why do you say that? Keep in mind 99.9% of my wanting to visit the jw Maldives is that pool the overwater suites have....

The other .1% is that at JWs I've had far better treatment as an ambassador guest than I have had at any Ritz or st Regis.
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Old Apr 12, 2022, 7:21 am
  #398  
 
Join Date: Aug 2011
Location: CDG
Programs: SK Gold, AF Gold, Marriott Platinum
Posts: 3,722
This change really seems to have opened up some great-value redemptions on non-aspirational properties. Today I was shocked to see that Sheraton Rhodes dropped from 40k/night to 27k/night in peak season. I was able to snag 5 nights in August in a sea view room for 108k points + €200. Note that the cash rate for the same room & dates is €1600 - that means 1.4 cpp!
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Old Apr 12, 2022, 7:24 am
  #399  
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Join Date: Mar 2010
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Originally Posted by richiezc
well i've been checking one of my prior bookings (5x nights at cat 8) made right before the deval, it immediately it went up 45K and as time went on it on for a checkin next week it's now actually down 45K overall. so keep checking and you can get them repriced, had to call it bc the website is so bad but worth the effort
Nice. I just re-booked an existing reservation for a 16K point savings. New activity now for me is to periodically check existing reservations to see if points have gone down.
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Old Apr 12, 2022, 9:59 am
  #400  
 
Join Date: Nov 2010
Location: KSA
Programs: Marriott AMB, Skywards Gold
Posts: 3,737
Originally Posted by stant
Why do you say that? Keep in mind 99.9% of my wanting to visit the jw Maldives is that pool the overwater suites have....

The other .1% is that at JWs I've had far better treatment as an ambassador guest than I have had at any Ritz or st Regis.
Different class
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Old Apr 12, 2022, 10:59 am
  #401  
 
Join Date: Apr 2017
Programs: Bonvoy ambassador - lifetime plat / Hilton diamond / hyatt globalist / AA CK baby!
Posts: 882
Originally Posted by LovetoTravel83
Different class
Are you saying that just because of the brand, or the specific locations? I've been in JWs that were nicer than certain st Regis or Ritz properties.
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Old Apr 13, 2022, 1:52 am
  #402  
 
Join Date: Nov 2010
Location: KSA
Programs: Marriott AMB, Skywards Gold
Posts: 3,737
Originally Posted by stant
Are you saying that just because of the brand, or the specific locations? I've been in JWs that were nicer than certain st Regis or Ritz properties.
No, not really. I'm saying this out of experience. Had some reviews posted in all three threads.
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Old Apr 15, 2022, 2:59 pm
  #403  
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Join Date: Apr 2013
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I've got to say this rollout has led to some really irrational and unexpected pricing.

I'm looking at NYC next week, with cash rates at many limited service properties over $600 per night.

But Ren Chelsea and Midtown are both available for 40k, despite cash rates over $500, and Edition at 50k (!!!!), with cash rates over $900.
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Old Apr 15, 2022, 3:03 pm
  #404  
 
Join Date: Feb 2020
Programs: British Airways Executive Club Gold, Marriott Bonvoy Titanium Elite, Hilton Diamond, IHG Diamond Amb
Posts: 1,771
Originally Posted by Kacee
I've got to say this rollout has led to some really irrational and unexpected pricing.

I'm looking at NYC next week, with cash rates at many limited service properties over $600 per night.

But Ren Chelsea and Midtown are both available for 40k, despite cash rates over $500, and Edition at 50k (!!!!), with cash rates over $900.
Hope you booked the EDITION! The irrational pricing is a good thing IMO, as it means you can still get outsized value if it’s not always tied to the cash price.
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Old Apr 15, 2022, 3:08 pm
  #405  
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Originally Posted by Radiation Station
Hope you booked the EDITION! The irrational pricing is a good thing IMO, as it means you can still get outsized value if it’s not always tied to the cash price.
I did. And using a 40k cert at Ren.
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