It’s been a busy couple of months for anyone paying attention to the Marriott and subsidiaries’ award programs. Starwood Preferred Guest and The Ritz-Carlton Rewards programs have ceased existing as standalone programs. We’ve now got Bonvoy.
Much like Hilton Honors and IHG Rewards Club, Marriott offers a very reliable redemption experience. Also like the aforementioned, we’re reducing our usual reduction factor of 25% to 10. However, unlike it’s hotel peers, Marriott offers some nice upside, and one is not stuck with $0.005/point awards. After this month’s reckoning was completed, we assigned an ACRV of $0.00111 to each Marriott Bonvoy point.
|30 Day Average||$0.0103||$0.0103||$0.0000|
|60 Day Average||$0.0120||$0.0097||$0.0023|
|30 Day Non-Zero||$0.0115||$0.0143||-$0.0028|
|60 Day Non-Zero||$0.0133||$0.0119||$0.0014|
The chart above tells us that you’re quite likely to redeem your Marriott Reward points for $0.0124/each, give or take a cent. Our standard deviation is $0.0047, this means that, theoretically, 68% of award redemptions should occur between $0.0077 and $0.0170.
The chart above looks decent, for a hotel chain. If it were an airline, it would be terrible. Our best for the month came from a week-long stay at The Ritz-Carlton New York, Central Park. This was offered for $8,623.81 in cash or $21 plus 300,000 points. The latter providing a redemption value of 2.87¢ per point. That’s actually quite fantastic for a hotel point that’s not part of the former SPG program.
Unlike Hilton and IHG, Marriott provides a potentially legitimate opportunity to transfer a credit card point for some solid value. However, we would still recommend keeping Ultimate Rewards right where one earned them, at Chase. At least until one has a specific, high value redemption in mind.
Compared to it’s Peers
|Program||ACR Value||NZ Average||Updated|
|IHG Rewards Club||0.0044||0.0051||03/06/2018|
|World of Hyatt||0.0090||0.0141||03/07/2018|
|Avg = 0.0062||Avg = 0.0079|