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Marriott Bonvoy Value

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.

Current Previous Period Change
30 Day Average $0.0103 $0.0103 $0.0000
60 Day Average $0.0120 $0.0097 $0.0023
ACRV $0.0111 $0.0100 $0.0011
30 Day Non-Zero $0.0115 $0.0143 -$0.0028
60 Day Non-Zero $0.0133 $0.0119 $0.0014
Average Non-Zero $0.0124 $0.0131 -$0.0007
Award Availability 100.00% 85.00% 15.00%

 

marriott bonvoy value normal distribution

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.

Redemption Count
Exceptional >$0.06 0
Great $0.04-0.06 0
Good $0.03-0.04 0
Respectable $0.02-0.03 1
Acceptable $0.01-0.02 13
Terrible <$0.01 6
No Availability 0

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.

marriott bonvoy best redemption

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

For more information about how we value airline/hotel and other award currencies, please visit our valuation method and changelog pages.

As of FEB 2019, Marriott Bonvoy points are worth $0.0111 each. At Points Reckoning, we use data, not feelings, to accurately value award currencies. #travel #frequentflyer #marriottbonvoy