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How To Redeem Marriott Bonvoy Factors For Finest Worth

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I write loads about the worth of resort loyalty applications, and on this submit I needed to particularly have a look at the most effective methods to go about redeeming Marriott Bonvoy factors, and the way I exploit my factors. Simply as I wrote guides to redeeming Hilton Honors factors and World of Hyatt factors, on this submit I needed to share methods for redeeming Marriott Bonvoy factors for max worth.

Fundamentals of redeeming Marriott Bonvoy factors

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

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 feel that’s a good, conservative valuation for what the factors are price. In different phrases, I gained’t redeem my Bonvoy factors except I can get properly over 0.7 cents of worth per level. This additionally accounts for the power to transform Marriott Bonvoy factors into airline miles at a good ratio.

It’s essential to provide you with a factors valuation for your self (it may be totally different than mine), in an effort to determine whether or not to pay money or redeem factors for a resort keep.

St. Regis Maldives

Marriott Bonvoy has dynamic award pricing

These days 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 differ primarily based on how a lot a keep would price in money, and there’s now not a minimal or most variety of factors {that a} free night time reward will price.

As a normal rule of thumb, you may anticipate that almost all properties price someplace between 5,000 and 120,000 factors per night time. Whereas Marriott Bonvoy lifted the cap on how a lot free night time awards can price as of 2023, I haven’t discovered the adjustments to be too drastic.

Ritz-Carlton Turks & Caicos

Marriott Bonvoy award blackout dates coverage

Each resort loyalty program has a special coverage relating to blackout dates. Typically talking, resort loyalty applications allow you to redeem factors for a keep so long as an ordinary room is accessible on the market. Sadly 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 obtainable for awards, although on a restricted variety of days, lodges can restrict the variety of customary rooms obtainable for awards.

In different phrases, it’s attainable {that a} resort may have customary rooms obtainable on the market if paying money, however not with factors. That ought 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 resort stays in 5 night time increments. Marriott has a fifth night time free coverage for awards, or extra precisely, it’s now known as “Keep for five, Pay for 4.”

Once 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 gained’t be charged. You need to use this back-to-back for a number of stays, so in case you keep 10 nights, you would get two nights free.

The Dubai EDITION

Marriott Bonvoy factors will 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 sometimes get you 25,000 airline miles.

Whereas this isn’t how I’d personally typically desire to make use of my factors, it’s not a foul use of factors in case you’re struggling to get good worth with them in any other case.

Gritti Palace Venice, Luxurious Assortment

Marriott Money & Factors normally isn’t an excellent worth

Marriott has a Money & Factors program, whereby (because the title suggests) you may redeem half money and half factors towards a resort keep. This comes with considerably extra capability controls than customary free night time award redemptions, so it gained’t all the time be obtainable.

To see if Money & Factors is accessible, simply seek for common free night time award availability, and if it’s obtainable, you’ll see it listed as an possibility. You may crunch the numbers with every redemption, however as a rule I discover that this doesn’t symbolize 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 basically paying $122 to save lots of 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 Money & Factors 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 basically paying $55 to save lots of 17,500 Bonvoy factors, which is an efficient 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 Money & Factors pricing

Primarily you’ll sometimes discover that Money & Factors is typically a superb deal in comparison with outright redeeming factors, although usually redeeming factors at these lodges isn’t a superb deal to start with, because the income charges are sometimes low. Why? Money & Factors is capability managed, and sometimes solely obtainable when the resort isn’t forecasted to be full, so these are additionally conditions the place money charges won’t be that prime.

The Marriott Bonvoy award calendar is helpful

I discover Marriott Bonvoy’s calendar characteristic to be extremely helpful for deciding when it’s a superb deal to redeem factors. Once you search a vacation spot, simply choose the “Versatile Dates” tab, after which you may select the month the place you need to search availability.

Marriott Bonvoy award calendar

You’ll then see award pricing for a whole month at a time, which is a straightforward technique to see when you may get the most effective deal.

Marriott Bonvoy award calendar

You may then additionally swap between the award calendar and the pricing calendar, to see whenever you’re going to get the most effective worth. For instance, within the case of the resort 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. Clearly you’d get a greater deal redeeming factors with the previous possibility, by way of worth per level.

Marriott Bonvoy pricing calendar

Earn Marriott Bonvoy elite standing to get extra worth

Once you do redeem factors, you’ll after all need to get as a lot worth on-property as attainable. That’s the place having elite standing actually helps, particularly in case you can earn Bonvoy Platinum Elite, Titanium Elite, or Ambassador Elite standing. That is the place advantages actually begin to get precious, by way of getting suite upgrades, receiving complimentary breakfast, and gaining access to Alternative Advantages.

Take into account that Marriott Bonvoy standing is fairly straightforward to earn in the USA with bank cards. You may simply earn as much as 40 elite nights per yr only for having two co-branded Marriott bank cards, together with the Marriott Bonvoy Enterprise® American Specific® Card (evaluation) (15 nights) and Marriott Bonvoy Sensible® American Specific® Card (evaluation) (25 nights).

St. Regis Deer Valley

Pool Marriott Bonvoy factors to maximise worth

Whereas 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 are able to do this with some other member, although you’re restricted to transferring as much as 100,000 factors per calendar yr, and you may obtain as much as 500,000 factors per calendar yr.

Lodge Grande Bretagne Athens, Luxurious Assortment

The most effective 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? Sadly this isn’t almost as easy because it was once. Again within the day when Marriott had a broadcast award chart, it was straightforward to extract outsized worth by redeeming at lodges throughout peak intervals.

That isn’t so easy anymore, since Marriott now has dynamic award pricing. I proceed to redeem my Marriott Bonvoy factors without cost 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 every kind of redemptions.

Right here’s how I typically give it some thought:

  • Essentially the most luxurious lodges through the highest demand intervals typically nonetheless symbolize an excellent use of factors, a minimum of in comparison with the money price; there are nonetheless some limits on Marriott Bonvoy’s award pricing
  • Past that, you’ll usually discover the most effective 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 loads much less when members redeem factors at properties that aren’t near being full

Let me use the St. Regis Aspen for example, as this can be a in style ski resort. Within the peak 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 price, in the meantime, can be over $1,600 per night time. Suffice it to say that redeeming factors is sort of a superb worth.

St. Regis Aspen money price

One other aspirational vacation spot is the Maldives, so let’s additionally use the Ritz-Carlton Maldives for example. Throughout 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 price, in the meantime, can be over $2,250 per night time, in order that’s a tremendous use of factors.

Ritz-Carlton Maldives money price

So even with Marriott Bonvoy now not having a cap on how a lot redemptions can price, I’m nonetheless discovering essentially the most worth when redeeming at luxurious properties.

Backside line

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

These days Marriott Bonvoy has dynamic award pricing, so there’s now not an award chart, and no most to how a lot an award redemption may price. Even so, I proceed to seek out essentially the most worth with Marriott Bonvoy to be reserving luxurious lodges in customary rooms for intervals of 5 nights, particularly lodges that will 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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