Some links to products and partners on this website will earn an affiliate commission.
Today marks the official death of Starwood Preferred Guest and Marriott Rewards, and the birth of the (still) currently unnamed new joint loyalty programme. One of the big unanswered questions leading up to today has been what existing Marriott Travel Packages will be worth in the new programme for those of us who haven’t already attached our Certificates to a booking.
Oceans of digital ink have been spent speculating about this (including here at InsideFlyer), but the reality has now been revealed – and at first glance it’s not very pretty I’m afraid.
The official Marriott/SPG representatives over on FlyerTalk shared the following this evening:
For members with existing Travel Packages (booked prior to today and not yet attached to a reservation), today we are able to share how they will convert within the newly unified program. Please see the full chart below.
No existing Travel Package certificate is losing value in terms of points and, with the new Free Night Award Chart that goes live today, 70% of our hotels either stayed at the same redemption rate threshold or moved down. As we structured the conversion chart, we considered the introduction of peak and off-peak redemption rates, which will be introduced in early 2019. This means that if you have an existing Category 9 certificate, which converts to Category 6 starting today, holders will still be able to attach the certificate to a stay when redemption rates within that category are at their highest.”
Here’s the chart showing how things map across:
As you can see, the way they’ve gone about this is pretty rough. The only way a current Category 6 Certificate can be fairly said to map across to a new Cat 1-4, for example, is by factoring in the Peak pricing that is due to come in sometime next year. The reality is that a Cat 1-4 is only actually worth a maximum of 25k Points per night today, when yesterday it was worth 30k.
I speculated a few weeks ago that we could see something like this:
“Cat 1-5 (7.5k-25k) —-> Cat 1-4 (7.5k-25k) FINE
Cat 6 (30k) —-> Cat 4 (25k) BAD
Cat 7 (35k) —-> Cat 5 (35k) FINE
Cat 8 (40k) —-> Cat 5 (35k) BAD
Cat 9 (45k) —-> Cat 5 (35K) VERY BAD”
That’s ended up being not too far off, although it isn’t what I actually believed would happen.
Note that at least current Cat 9s are winners in the new system, going up from 45k to 50k (in ‘real’ terms – the peak 60k pricing doesn’t come into force until next year so is irrelevant right now). You can see the new award chart below and it’s only “standard” pricing which applies right now:
What do you think about how the Travel Package Certificates are being converted?