Marriott is hosting a program merger announcements here. The program should start at about 4:40pm.
Mergers rarely work out well for consumers, but here’s hoping for the best. So far Marriott has taken very good care of SPG members. It reminds me of the way that 2 merging companies take care of their executives during the merger process. Will they continue to take care of SPG members or will today’s announcement be everything that we have feared would come to fruition in a merger?
I’ll update this post with news as it comes in.
Stay tuned for updates and share your thoughts in the comments!
- In August all Starpoints will be multiplied by 3 and turned into Marriott points.
- The 3 program names will stick around for the rest of 2018. In 2019 a new combined program name will be announced.
- In August, all members will earn 10 points per US$1 spent on eligible hotel charges (5 points per eligible US$1 at Element, Residence Inn and TownePlace Suites hotels). Elites will earn more between 11 and 17.5 points per dollar spent.
- There will be a single 8 category award chart. It will have standard, park, and off-peak levels. Hotel categories will be announced in June.
- There will be 5 tiers of elite status, Silver (10-24 nights), Gold (25-49 nights), Platinum (50-74 nights), Platinum Premier (75-99 nights), Platinum Premier with Ambassador (100+ nights and $20K in spend).
- Gold members will get 2pm late checkout and Platinum members will get 4pm late checkout.
- Platinum members will get to choose between a points amenity or breakfast. Free breakfast will be an option at 23 of the 29 Marriott brands.
- Platinum members will get suite upgrades and lounge access.
- Platinum members will get 5 confirmed suite night awards. Platinum premier members will get an additional 5 confirmed suite night awards.
- Airline transfers will be safe with the new program. Points will transfer to 45 airlines at a 3:1 ratio and you’ll get a 15K Marriott point bonus for transferring in increments of 60K points. In other words, 20K Starpoints will continue to transfer into 25K airline miles, except in this case it will be 60K Marriott points transferring into 25K airline miles.
- The Starwood AMEX will only earn 2 points per dollar on everyday purchases. Currently the card earns 3 points per dollar. This will be a massive card devaluation.
- On May 3, The Chase Marriott Premier Plus card will launch with a $95 annual fee. It will earn 6 points per dollar at Marriott hotels and 2 points per dollar elsewhere. Free anniversary night at hotels up to 35K points.
- In August a new AMEX Starwood card will launch with a $450 annual fee. It will earn 6 points per dollar at Marriott hotels, 3 points per dollar on airfare, and 2 points per dollar elsewhere. Earn Platinum status with $75K in annual spend. Get $300 annual credit for Marriott hotels. Free anniversary night at hotels up to 50K points.
- The Moments auction platform for experiences will be expanded.
- Delta crossover rewards will end.