Updated February 20th, 2019
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 $0.005/point awards. After this month’s reckoning was completed, we assigned an ACRV of 1.11¢ to each Marriott Bonvoy point.
|Current||Previous Period||$ Change||% Change|
|30 Day Average||1.03¢||1.03¢||+0.00¢||+0%|
|90 Day Average||1.20¢||0.97¢||+0.23¢||+23%|
|30 Day Non-Zero||1.15¢||1.43¢||-0.28¢||-20%|
|90 Day Non-Zero||1.33¢||1.19¢||+0.14¢||+12%|
The chart above tells us that you’re quite likely to redeem your Marriott Reward points for 1.24¢ each, give or take a cent. Our standard deviation is .47¢, this means that, theoretically, 68% of award redemptions should occur between .77 and 1.7¢.
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.