Update, 3/28: Today is the final day to lock in rates before Marriott begins the process of removing their award charts.
That process begins on March 29th and March 30th. For now most hotels should stay within the peak range of current pricing, though some hotels will cost up to 30K more than current peak pricing.
The program will go fully dynamic for 2023 stays, though it’s unclear if that will change this week for 2023 stays or later on.
Either way, book future stays by 3/28 local hotel time to lock in current rates!
Originally posted on 2/25:
Marriott announced in October that they would be moving to dynamic pricing.
With the current award chart pricing, you can get outsized value for your award as you can book expensive hotel nights for points that are controlled by an award chart. It also gives members assurance to know how many points they would need to save up in order to book an aspirational flight or stay.
But Delta started the trend to make dynamic award redemptions that track the cost of the price, and other loyalty programs have jumped onto that bandwagon.
Loyalty programs make this switch at their own peril. Eventually their members will switch over to hybrid cards that offer the ability to accumulate bank points that can be used for their choice of redeeming points directly for paid rates on any flight or hotel or transferring points only when it makes sense to do so. Why lock into a currency that offers no upsides or value?
Here is the current Marriott award chart:
|Hotel Category||Award Chart||Cash + Points Chart||Pointsavers Chart|
|Category 1||5,000 off-peak|
|$55+1,500 (1.57 cpp) off-peak|
$55+3,500 (1.38 cpp) standard
$55+4,500 (1 cpp) peak
|Category 2||10,000 off-peak|
|$65+4,000 (1.08 cpp) off-peak|
$65+6,000 (1 cpp) standard
$65+7,000 (0.81 cpp) peak
|Category 3||15,000 off-peak|
|$80+6,000 (0.89 cpp) off-peak|
$80+8,500 (0.89 cpp) standard
$80+9,500 (0.76 cpp) peak
|Category 4||20,000 off-peak|
|$105+8,000 (0.88 cpp) off-peak|
$105+12,000 (0.8 cpp)
$105+15,000 (0.7 cpp) peak
|Category 5||30,000 off-peak|
|$140+13,500 (0.85 cpp) off-peak|
$140+17,000 (0.78 cpp)
$140+21,000 (0.74 cpp) peak
|Category 6||40,000 off-peak|
|$190+19,000 (0.9 cpp) off-peak|
$190+25,000 (0.76 cpp)
$190+30,000 (0.63 cpp) peak
|Category 7||50,000 off-peak|
|$250+25,000 (1 cpp) off-peak|
$250+30,000 (0.83 cpp)
$250+40,000 (0.83 cpp) peak
|Category 8||70,000 off-peak|
|$440+27,500 (1.04 cpp) off-peak|
$440+42,500 (1.04 cpp)
$440+57,500 (1.04 cpp) peak
On March 29th-30th, Marriott will allow the 200 hotels in this link to charge up to 30,000 more points than the current award chart pricing. Peak and off-peak pricing will also change more rapidly as Marriott closer aligns the cost in points to the cash price of the night.
Sample hotels that can charge an extra 5,000 points:
SpringHill Suites Denver Tech Center
Four Points by Sheraton Salt Lake City Airport
Sample hotels that can charge an extra 10,000 points:
JW Marriott Los Cabos
Aloft Ocean City
Fort Lauderdale Marriott Harbor Beach Resort
Key Largo Bay Marriott Beach Resort
Sheraton Kauai Resort
SpringHill Suites Springdale Zion National Park
Westin Hapuna Hawaii Beach Resort
Vespera Resort on Pismo Beach
W Fort Lauderdale
Sample hotels that can charge an extra 20,000 points:
Westin Turtle Bay Resort & Spa, Mauritius
Fiji Marriott Resort Momi Bay
JW Marriott Phu Quoc Emerald Bay Resort
Le Meridien Maldives
Marriott’s Mai Khao Beach – Phuket
Suiran, a Luxury Collection Hotel, Kyoto
S. Regis Maldives Vommuli Resort
S. Regis Bora Bora Resort
French Leave Resort Bahamas
Ritz-Carlton, Grand Cayman
Ritz-Carlton, S. Thomas
Ritz-Carlton, Turks & Caicos
S. Regis Bahia Beach Resort, Puerto Rico
Domes Miramare, a Luxury Collection Resort, Corfu
Mystique, a Luxury Collection Hotel, Santorini
The Gritti Palace, a Luxury Collection Hotel, Venice
Ritz-Carlton Hotel de la Paix, Geneva
S. Regis Mardavall Mallorca Resort
Al Maha, a Luxury Collection Desert Resort & Spa, Dubai
Fort Lauderdale Marriott Pompano Beach Resort
Marriott’s Villas at Doral
Moxy Miami South Beach
Ritz-Carlton Bal Harbour, Miami
Ritz-Carlton New York, Central Park
Ritz-Carlton, Lake Tahoe
S. Regis Aspen Resort
S. Regis Bal Harbour Resort
S. Regis Deer Valley
S. Regis New York
Westin Nanea Ocean Villas, Ka’anapali
W South Beach
Sample hotels that can charge an extra 30,000 points:
Ritz-Carlton, Koh Samui
Westin Grand Cayman Seven Mile Beach Resort
Paris Marriott Champs Elysees
The Jaffa, a Luxury Collection Hotel, Tel Aviv
Key West Marriott Beachside Hotel
Ritz-Carlton, Fort Lauderdale
Westin Ka’anapali Ocean Resort Villas
Westin Maui Resort & Spa, Ka’anapali
Westin Princeville Ocean Resort Villas
Wailea Beach Resort – Marriott, Maui
- That means that:
- The Le Meridien Maldives, currently a category 5 bargain at 30K-40K points for an overwater villa, will cost up to 60K points for 2022 stays.
- The Jaffa Tel Aviv, currently a category 7 at 50K-70K points, will cost up to 100K points for 2022 stays.
- The S. Regis Bal Harbour Resort, currently a category 8 at 70K-100K points, will cost up to 120K points for 2022 stays.
Starting for stays in 2023 all bets are off as the awards charts will be eliminated completely and there will be no set minimum or maximum award pricing. Only time will tell what that means for redemption costs, but I’d expect them to value Marriott points at 0.5-0.6 cents each with few opportunities to earn an outsized value for your points. It’s unclear if the 2023 stay pricing will go into effect on 3/29/22 or at a later date.
There was little reason to use a Marriott card for earning points after the SPG merger other than to earn a signup bonus, and this change means there’s even less reason to do anything but have a Marriott card buried in your sock drawer if you want the annual free night certificate.
You will be able to add up to 15K points to your annual night certificates starting in late April, which will add some value to them. But unsurprisingly, you won’t be able to do that before the March 29th devaluation.
The good news is that people getting points refunds from travel packages on 3/1 will be able to use those points before the devaluation.
With the ability to use a Chase Bifecta to earn a minimum of 2.25% back towards travel, or a Capital One card that offers $300+10K points in travel credit annually and the ability to erase travel spend at 2% or transfer points at more valuable levels, or earn a minimum of 2% cash back with Citi with the ability to transfer points at more valuable levels, or 2 points per dollar with AMEX, there’s just no good reason to spend on Marriott cards with devalued point earnings.
If you have any future travel plans, reserve them now to lock in current pricing, just be sure to check on the cancellation policy and set a reminder on your calendar for that date.
I’m still sitting on millions of Marriott points back from the glorious SPG days, but as long as Marriott continues to offer the ability to transfer 60K points into 25K airline miles I’ll hang onto them and use them as needed, as that transfer option creates a floor for their value. Here’s hoping Marriott lets us know before they devalue that transfer option…
Which hotels will you book before the devaluation?