New Marriott Award rates released
#61
Join Date: Jun 2008
Location: BDU
Programs: DL:MM, Marriott:LTT
Posts: 8,779
Interesting, the Walnut Creek CA which went up in a category in March went back down a category in this update (bringing Bay Area FS Marriotts within the 25k cert redemption back up to 3). Curious if there are other properties that got set "back" to where they were before the 2018 changes? Is it common to see the same property bounce back and forth during the annual category adjustments?
Example: Right now the lowest redemption in Bangkok is the Soi 11 Aloft. It is a loud, not all that great property in a crowded street with some questionable activities (street, not the property) but it is inexpensive for both cash and redemptions. Many people want the cheapest option, so it becomes popular for redemptions. Going forward, it will be a Cat 3. Both the 4P and CY are Cat 2 and much better hotels. Based on this fewer people will book Aloft on points, although it will remain the cheapest cash option. The next time categories are evaluated there will likely be fewer Aloft redemptions it will likely fall back to Cat 2. The very excellent Soi 57 FS dropped to Cat 3 making it less than the very similar Marq, Ren and new FS (and even the JW) so redemptions will likely tick up and it will likely go up a Cat going forward.
Many of us can name properties that tick up or down every year.
#62
Suspended
Join Date: Aug 2013
Location: Southern California, USA
Programs: Marriott Ambassador and LTT, UA Plat/LT Gold, AA Gold
Posts: 8,764
Maybe if you are SPG loyalist and will be getting your points tripled on August 1, you don't consider the new award chart a major devaluation. But those of us who have a lot of points vested in MR won't be getting their points tripled and have to wait for the additional bonus points to kick in, so we will be hurting for a while.
just about every JW Marriott resort in the USA is going up 10,000 points August 1 and that increase will be 20,000 points during peak times in 2019. That means 60,000 more points for a week, and 120,000 more points during peak times for bookings next year. That's a 25% and 50% increase respectively!
There also are 6 Ritz-Carlton properties in the USA going down by 5,000 or more MR points to 35,000 points.
There also are 12 Autograph properties in the USA going down by 5,000 or more MR points to 35,000 MR points.
There also are 16 Renaissance properties in the USA going down by 5,000 or more MR points to 35,000 MR points.
There also are numerous Design, Luxury Collection, Tribute Portfolio properties in the USA going down by 5,000 or more MR points to 35,000 points.
Those are viable options that now are less pricey to you. You win some, and you lose some.
I don't feel much sympathy, sorry. There are just as many if not more hotels that cost less or the same than those that cost more. You ignore all those that cost less or the same and yet are of reasonably similar quality.
For London hotels, it is even worse. The four most popular London hotels for points stays that are discussed on this board are increasing to Category 7. JW Marriott Grosvenor House, London Marriott County Hall, London Marriott Park Lane and the London Marriott Grosvenor Square will all require 90,000 more points for a week for bookings after August 1 and 150,000 more points for a week starting in 2019. That's a 33% and 55% increase respectively.
I again don't feel much sympathy. There are far more hotels that cost less or the same than cost more.
While Marriott still has not defined peak times, it is pretty much a guarantee that popular booking times like Spring Break and the summer months in Europe will be considered peak! I really don't want to take my family on vacation to London in February or Palm Desert in July when its a 115 degrees. So yeah, I do consider it major devaluation! We are talking about the value of points in my MR account today, not that points I may earn a couple of years from now!
#63
Join Date: Dec 2004
Programs: United 1K, MR Plat, SPG Plat
Posts: 804
I think I posted something similar back in April when the new award chart first came out. But another way to look at the new award chart is to determine the number of nights required to earn a week at a Marriott property:
Assumptions:
Category 9 - 45,000 points per night - 270,000 points for a week - 72 nights (270,000 /$250 X 10 X 50% bonus)
Category 8 - 40,000 points per night - 240,000 points for a week - 64 nights (340,000/$250 X 10 X 50% bonus)
Under the new award chart:
Category 6 - Standard 50,000 points per night - 300,000 points for a week - 68 nights (300,000/$250 X 10 X 75% bonus)
Category 6 - Peak 60,000 points per night - 360,000 points for a week - 82 nights (360,000/$250 X 10 X 75% bonus)
Category 7 - Standard 60,000 points per night - 360,000 points for a week - 82 nights (360,000/$250 X 10 X 75% bonus)
Category 7 - Peak 70,000 points per night - 420,000 points for a week - 96 nights (420,000/$250 X 10 X 75% bonus)
That means after January 2019, MR Platinum Premier trying to take his family on a London vacation must spend an additional 24 days/6 weeks on the road to earn enough points to make this happen.
Assumptions:
- Platinum Premier
- $250 average room rate per night
- Stay at full service Marriott - 10 points per dollar
- Member takes $10 F&B voucher
- Mega bonus and credit card bonuses not included
Category 9 - 45,000 points per night - 270,000 points for a week - 72 nights (270,000 /$250 X 10 X 50% bonus)
Category 8 - 40,000 points per night - 240,000 points for a week - 64 nights (340,000/$250 X 10 X 50% bonus)
Under the new award chart:
Category 6 - Standard 50,000 points per night - 300,000 points for a week - 68 nights (300,000/$250 X 10 X 75% bonus)
Category 6 - Peak 60,000 points per night - 360,000 points for a week - 82 nights (360,000/$250 X 10 X 75% bonus)
Category 7 - Standard 60,000 points per night - 360,000 points for a week - 82 nights (360,000/$250 X 10 X 75% bonus)
Category 7 - Peak 70,000 points per night - 420,000 points for a week - 96 nights (420,000/$250 X 10 X 75% bonus)
That means after January 2019, MR Platinum Premier trying to take his family on a London vacation must spend an additional 24 days/6 weeks on the road to earn enough points to make this happen.
#64
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Join Date: Apr 2013
Location: PHX
Programs: AS 75K; UA 1MM; Hyatt Globalist; Marriott LTP; Hilton Diamond (Aspire)
Posts: 56,455
delete. sorry.
Last edited by Kacee; Jun 28, 2018 at 3:01 pm
#65
Join Date: Nov 2013
Location: Maui HI
Programs: 1k MM, Hyatt Diamond,Marriott Gold, IHG Sphire, SPG Gold, Hilton Diamond, Carson Gold
Posts: 329
What are Peak times? Until we know this hard to say the extent of this new chart. Hawaii could be 80% peak
#66
Suspended
Join Date: Aug 2013
Location: Southern California, USA
Programs: Marriott Ambassador and LTT, UA Plat/LT Gold, AA Gold
Posts: 8,764
So far, way too many people have predicted wrongly the doom and gloom on just about every benefit and element of the new Marriott program. And no one seems to be learning that Marriott, for the overwhelming most part, has been very fair and reasonable--even generous on quite a few elements.
The fear-mongering has been wrong almost every time. So why continue to do it?
Just like all the prognostications of doom and gloom and fear-mongering before about category changes that would be disastrous--which today turn out to have been ridiculously wrong--now we have the prognostication of doom and gloom and fear-mongering for peak period redemptions.
It seems that cynicism knows no bounds here. Perhaps people should learn to give Marriott a bit of the benefit of the doubt. I'd say Marriott has earned it.
#67
FlyerTalk Evangelist
Join Date: May 2002
Location: Pittsburgh
Programs: MR/SPG LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus
Posts: 31,008
You're using 0.087% of the properties to support your assertion that you "consider the new award chart a major devaluation."? Really?
#68
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Join Date: May 2002
Location: Pittsburgh
Programs: MR/SPG LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus
Posts: 31,008
If your personal redemption universe is limited to 0.058% of the program properties, and only on unannounced peak dates then yes, it does not work out well for you.
But thanks for the reminder that elite bonuses have been raised, so the 3.1% improvement in current points balance value is actually significantly better for future earning.
#69
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Join Date: May 2002
Location: Pittsburgh
Programs: MR/SPG LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus
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MR Cat 6-7, RC T2-5, and SPG Cat 7-9 combined went down 1.2%
Can you share your "practical perspective" that makes -1.2% worse than +6.3%?
#70
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Join Date: Aug 2005
Location: BOS/EAP
Programs: UA 1K, MR LTT, HH Dia, Amex Plat
Posts: 32,048
While some of these definitely hurt (e.g., Essex House to 60k), there is also plenty to like here.
I see for example there are now decent properties in NYC for under 40k (RI Manhattan/Central Park at 35k). Ren Republique in Paris drops to 35k.
It could have been much worse. This is not a massive devaluation.
Also appreciate the great search tool Marriott has provided - really easy to check a brand or a city.
I see for example there are now decent properties in NYC for under 40k (RI Manhattan/Central Park at 35k). Ren Republique in Paris drops to 35k.
It could have been much worse. This is not a massive devaluation.
Also appreciate the great search tool Marriott has provided - really easy to check a brand or a city.
#71
Join Date: Jun 2007
Location: JAX
Programs: UA Plat MM, AA Gold MM, Marriott LTT, Hyatt Globalist
Posts: 3,770
Categories for 6500 Hotels
MR email this evening on what we have all been waiting for. Categories 1-7 for all 6500 hotels starting Aug. 1, plus Cat 8 hotels at Cat 7 points until 2019.
https://points-redemption.marriott.c...&lk=1000280119
https://points-redemption.marriott.c...&lk=1000280119
#73
Join Date: Feb 2008
Location: In the air
Programs: Hyatt Globalist, Bonvoy LT Plat, Hilton Gold, GHA Tit, BA Gold, Turkish Elite
Posts: 8,720
Surprised that nobody has commented on my immediate observation which is that a number of the SPG "5000 point savings" were actually SPG all suite hotels (W Maldives, Al Maha, St Regis Bali, St Regis Maldives, etc.) which would actually represent a 50%+ saving on current rates. I'm slightly skeptical given the claim that the cost has only slightly decreased (when it has plummeted), but for me would mean that even if the programme resulted in a 10-20% devaluation in a year or so I would still end up on top.
My second observation is that by and large Marriott properties are those which have seen a devaluation. While I would appreciate many Marriott Rewards members will not be happy, I would be very happy if that meant a shift from narrow dollars back on points to a greater investment in recognizing loyalty on a more strategic level (Ambassador programme, superior on site treatment, more reliable troubleshooting, etc.).
My second observation is that by and large Marriott properties are those which have seen a devaluation. While I would appreciate many Marriott Rewards members will not be happy, I would be very happy if that meant a shift from narrow dollars back on points to a greater investment in recognizing loyalty on a more strategic level (Ambassador programme, superior on site treatment, more reliable troubleshooting, etc.).
#74
Join Date: Aug 2006
Location: Hold it down for The Bay, reppin' Oakland
Programs: Lowly UA silver, Marriott Ambassador/Tit4Lyf, IHG Plat
Posts: 1,763
It simply made no sense that the Grosvenor House and Park Lane cost the same in points as Marble Arch and St. Pancras (which has a great lounge, but usually offers the rooms one can get for points at a rate half that of the Grosvenor House and Park Lane). It also made no sense when they elevated the London Edition to a Ritz Tier 2, making it cost 25% more in points than the Grosvenor House. I love the Edition (for its location), but it has no lounge and limited Platinum benefits. I stayed there when it was a Tier 1, but I just could not justify the additional points when it went to Tier 2.
Things make sense now. The Grosvenor House, Park Lane, and London Edition are priced the same. The St. Pancras comes in just a bit below that. Regents Park, Maida Vale, and Kensington are a bigger step down, which is where they should be. There are a number of lower priced options (Residence Inn or MOXY) should I need one, though I would probably stay at the quirky Town Hall, in that case. It's loaded with hipster pretension and it's out of the way for tourists, but I like the East End and the walk to Brick Lane. At 58% of the price of my usual choices, it starts to make sense. And if it is possible to use points to upgrade to a two-bedroom apartment, it becomes very attractive.
Last edited by lexdevil; Jun 28, 2018 at 7:53 pm
#75
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Join Date: May 2002
Location: Pittsburgh
Programs: MR/SPG LT Titanium, AA LT PLT, UA SLV, Avis PreferredPlus
Posts: 31,008
In aggregate, MR property redemption rates fell 4.3%. SPG properties fell 1.2%.
29% of MR properties are more expensive, 39% of SPG properties are more expensive.