How To Redeem Marriott Bonvoy Points For Best Value & More Latest News

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While I write lots about the worth of lodge loyalty applications, I’ve by no means written a publish particularly about the easiest way to go about redeeming Marriott Bonvoy factors, and the way I exploit my factors. So simply as I wrote a information to redeeming Hilton Honors factors, on this publish I needed to share methods for redeeming Marriott Bonvoy factors for max worth.

Basics of redeeming Marriott Bonvoy factors

Let’s begin by speaking concerning the fundamentals of redeeming Marriott Bonvoy factors — how a lot do you have to anticipate to pay without spending a dime nights, are there blackout dates, how a lot are Marriott Bonvoy factors price, and so forth.?

I worth Marriott Bonvoy factors at 0.7 cents every

Personally I worth Marriott Bonvoy factors at 0.7 cents every. There’s no science to that, however slightly I believe that’s a good, conservative valuation for what the factors are price. In different phrases, I received’t redeem my Bonvoy factors except I can get nicely over 0.7 cents of worth per level. This additionally accounts for the flexibility to transform Marriott Bonvoy factors into airline miles at a good ratio.

It’s vital to give you a factors valuation for your self (it may be completely different than mine), so that you could determine whether or not to pay money or redeem factors for a lodge keep.

St. Regis Maldives

Marriott Bonvoy has dynamic award pricing

Nowadays Marriott Bonvoy now not has an award chart, however slightly has dynamic award pricing. That signifies that the variety of factors required for a free night time keep can range based mostly on how a lot a keep would price in money. This was solely launched in 2022, and the coverage is being rolled out considerably slowly.

For 2022, there are nonetheless some limits on how a lot a lodge keep can price with factors, whereas beginning in 2023, there’ll now not be a minimal of most variety of factors required for a lodge keep.

As a basic rule of thumb, you’ll be able to anticipate that the majority properties price someplace between 5,000 and 120,000 factors per night time.

Ritz-Carlton Turks & Caicos

Marriott Bonvoy award blackout dates coverage

Every lodge loyalty program has a special coverage in the case of blackout dates. Generally talking, lodge loyalty applications allow you to redeem factors for a keep so long as a regular room is obtainable on the market. Unfortunately within the case of Marriott Bonvoy, there’s a restricted blackout dates coverage.

What does that imply? Marriott Bonvoy doesn’t have blackout dates, however there are some capability controls at occasions. On most days, most Marriott properties will make all customary rooms accessible for awards, although on a restricted variety of days, resorts can restrict the variety of customary rooms accessible for awards.

In different phrases, it’s attainable {that a} lodge might have customary rooms accessible on the market if paying money, however not with factors. That needs to be the exception slightly than the norm, although.

St. Regis Venice

Marriott Bonvoy gives a fifth night time free on awards

If you wish to maximize your Marriott Bonvoy factors, I like to recommend redeeming for lodge stays in 5 night time increments. Marriott has a fifth night time free coverage for awards, or extra precisely, it’s now known as “Stay for 5, Pay for 4.”

When you redeem factors for 5 consecutive nights at a property, you’ll solely be charged the factors for 4 nights. The most cost-effective of the 5 nights received’t be charged. You can use this back-to-back for a number of stays, so for those who keep 10 nights, you might get two nights free.

The Dubai EDITION

Marriott Bonvoy factors may be transformed into airline miles

One cool factor about Marriott Bonvoy is that factors can effectively be transformed into airline miles. Marriott Bonvoy has over three dozen airline companions, and factors switch at a 3:1 ratio. You get a bonus of 5,000 miles for each 60,000 Bonvoy factors you switch, which means that 60,000 Bonvoy factors will usually get you 25,000 airline miles.

While this isn’t how I’d personally typically want to make use of my factors, it’s not a nasty use of factors for those who’re struggling to get good worth with them in any other case.

Gritti Palace Venice, Luxury Collection

Marriott Cash & Points often isn’t an excellent worth

Marriott has a Cash & Points program, whereby (because the identify suggests) you’ll be able to redeem half money and half factors towards a lodge keep. This comes with considerably extra capability controls than customary free night time award redemptions, so it received’t at all times be accessible.

To see if Cash & Points is obtainable, simply seek for common free night time award availability, and if it’s accessible, you’ll see it listed as an choice. You can crunch the numbers with every redemption, however as a rule I discover that this doesn’t signify an excellent worth.

For instance, take the Duxton Reserve Singapore, the place the speed is both 43,000 Bonvoy factors or 21,500 Bonvoy factors plus 170 SGD (~122 USD). You’re primarily paying $122 to avoid wasting 21,500 Bonvoy factors, which is a good deal, since I worth these factors at $150.

The catch? This isn’t an excellent redemption to start with, because the income price would solely be $294.

Marriott Cash & Points pricing

As one other instance, take the Sheraton Grand Dubai, the place the speed is both 35,000 Bonvoy factors or 17,500 Bonvoy factors plus 202 AED (~55 USD). You’re primarily paying $55 to avoid wasting 17,500 Bonvoy factors, which is an effective deal, since I worth these factors at $123.

The catch? This additionally isn’t an excellent redemption to start with, because the income price would solely be $131.

Marriott Cash & Points pricing

Essentially you’ll usually discover that Cash & Points is usually a very good deal in comparison with outright redeeming factors, although typically redeeming factors at these resorts isn’t a very good deal to start with, because the income charges are usually low. Why? Cash & Points is capability managed, and usually solely accessible when the lodge isn’t forecasted to be full, so these are additionally conditions the place money charges may not be that prime.

The Marriott Bonvoy award calendar is beneficial

I discover Marriott Bonvoy’s calendar characteristic to be extremely helpful for deciding when it’s a very good deal to redeem factors. When you search a vacation spot, simply choose the “Flexible Dates” tab, after which you’ll be able to select the month the place you wish to search availability.

Marriott Bonvoy award calendar

You’ll then see award pricing for a whole month at a time, which is a simple strategy to see when you may get the very best deal.

Marriott Bonvoy award calendar

You can then additionally change between the award calendar and the pricing calendar, to see while you’re going to get the very best worth. For instance, within the case of the lodge I used to be looking, it’s fascinating how each October 25 and November 1 price 57,000 Bonvoy factors, whereas when paying money they price 517 EUR and 412 EUR, respectively. Obviously you’d get a greater deal redeeming factors with the previous choice, by way of worth per level.

Marriott Bonvoy pricing calendar

Earn Marriott Bonvoy elite standing to get extra worth

When you do redeem factors, you’ll after all wish to get as a lot worth on-property as attainable. That’s the place having elite standing actually helps, particularly for those who can earn Bonvoy Platinum Elite, Titanium Elite, or Ambassador Elite standing. This is the place advantages actually begin to get worthwhile, by way of getting suite upgrades, receiving complimentary breakfast, and accessing Choice Benefits.

Keep in thoughts that Marriott Bonvoy standing is fairly simple to earn within the United States with bank cards. You can simply earn as much as 30 elite nights per 12 months only for having two co-branded Marriott bank cards, together with the Marriott Bonvoy Business® American Express® Card (overview) and Marriott Bonvoy Brilliant™ American Express® Card (overview).

St. Regis Deer Valley

Pool Marriott Bonvoy factors to maximise worth

While not as beneficiant because the insurance policies of Hilton Honors or World of Hyatt, Marriott Bonvoy does allow you to pool factors between accounts. You can do that with some other member, although you’re restricted to transferring as much as 100,000 factors per calendar 12 months, and you may obtain as much as 500,000 factors per calendar 12 months.

Hotel Grande Bretagne Athens, Luxury Collection

The greatest makes use of of Marriott Bonvoy factors

With the fundamentals of redeeming Marriott Bonvoy factors out of the best way, how do you get essentially the most worth out of your factors? Unfortunately this isn’t almost as simple because it was. Back within the day when Marriott had a printed award chart, it was simple to extract outsized worth by redeeming at resorts throughout peak intervals.

That isn’t so easy anymore, since Marriott now has dynamic award pricing, and pricing will range much more beginning in 2023.

I proceed to redeem my Marriott Bonvoy factors without spending a dime night time redemptions in customary rooms, ideally for 5 nights (so one night time is free). There’s now not a constant candy spot in the best way that there was earlier than, however slightly I’m discovering some worth with Bonvoy factors for all types of redemptions.

Here’s how I typically give it some thought:

  • The most luxurious resorts in the course of the highest demand intervals typically nonetheless signify an excellent use of factors, at the very least in comparison with the money price; there are nonetheless some limits on Marriott Bonvoy’s award pricing
  • Beyond that, you’ll typically discover the very best worth utilizing factors in markets throughout quieter intervals, the place the money charges don’t shift massively by season; this comes right down to the economics of Marriott Bonvoy, as this system pays lots much less when members redeem factors at properties that aren’t near being full

Let me use the St. Regis Aspen for instance, as this can be a common ski resort. In the height of winter, I can discover a 5 night time award keep for 478,000 Bonvoy factors (together with one free night time), which comes out to a median of 95,600 Bonvoy factors per night time (which I worth at ~$669).

St. Regis Aspen factors price

The money fee, in the meantime, could be over $1,600 per night time. Suffice it to say that redeeming factors is kind of a very good worth.

St. Regis Aspen money price

Another aspirational vacation spot is the Maldives, so let’s additionally use the Ritz-Carlton Maldives for instance. During a busy interval I can discover a 5 night time award keep for 468,000 Bonvoy factors (together with one free night time), which comes out to a median of 93,600 Bonvoy factors per night time (which I worth at ~$655).

Ritz-Carlton Maldives factors price

The money fee, in the meantime, could be over $2,250 per night time, in order that’s a tremendous use of factors.

Ritz-Carlton Maldives money price

So in the meanwhile luxurious properties nonetheless do signify the very best worth, although it’ll be fascinating to see how that evolves in 2023 and past.

Bottom line

Marriott Bonvoy is a well-liked lodge loyalty program, which I’ve been taking part in for nicely over a decade. While this system isn’t almost as helpful as again within the day, there’s nonetheless worth available.

Nowadays Marriott Bonvoy has dynamic award pricing, so there’s now not an award chart. However, till 2023 many resorts nonetheless have a cap on what number of factors may be charged, so pricing isn’t completely outrageous, for essentially the most half.

I proceed to search out essentially the most worth with Marriott Bonvoy to be reserving luxurious resorts in customary rooms for intervals of 5 nights, particularly resorts that may in any other case retail for $1,500+ per night time.

What has your expertise been with redeeming Marriott Bonvoy factors?



 

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