How Much Marriott Bonvoy Hotel Points Are Worth In July 2022 – Forbes Advisor

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Marriott is one of the largest hotel brands in the world with a prominent loyalty program, Bonvoy, that is impossible for frequent travelers to miss.

Since Marriott Bonvoy dropped its award charts and moved to a dynamic award-pricing model, it is more important than ever to understand how much Marriott Bonvoy points are worth. Without award charts, the amount of Bonvoy points needed to redeem for a free hotel night can change based on demand. This means that rates can change even within a single hotel stay.

Understanding how much Marriott Bonvoy points are worth can help you maximize the value of your redemptions. While not every redemption will provide the “best value” in cents per point, armed with knowledge you can figure out when it makes sense for you to use your points and when saving them for another day is a better option.

How Much Are Marriott Bonvoy Points Worth?

After careful and detailed analysis, Forbes Advisor has determined that the value of a Marriott Bonvoy point is $0.0074. That means, one Bonvoy point should reasonably get you 0.74 cents per point in value when compared to paying cash—we’ll talk more about how we came up with this valuation further down.

Terrible, Poor, Fair, Good and Excellent Values

Having a base value of Marriott Bonvoy points can help you determine if you are getting a good or bad deal when redeeming your points, but it’s not quite that simple in the real world. Just like the Kelley Blue Book prices cars, we value points on a sliding scale so you can strive to meet (or beat) a fair valuation. Unlike a car deal you can’t negotiate a price in points, but you can know when to pat yourself on the back or when to walk away.

When we view points more holistically, we’ve determined redeeming your points for anything below 0.49 cents per point (CPP) is a generally terrible option and should be avoided at all costs—you don’t want to use your Bonvoy points for a lemon . We consider that redemptions ranging in value from 0.49 to 0.73 cents per point are poor and should be reconsidered if another option exists.

Redeeming for 0.74 cents per point to 0.99 cents per point is a reasonable value for your Bonvoy points, giving you the confidence that you are getting the “fair market” value for your points.

Redemptions for 1.00 cents to 1.24 cents per point give you an excellent value for your Bonvoy points and should be considered as getting a “good deal” on your award booking. An exceptional value of Bonvoy points would be anything above 1.25 cents per point, and these award bookings are truly maximizing the value of your hotel points.

The Value of Marriott Bonvoy Points: Category and Location

The value of each Marriott Bonvoy point can fluctuate depending on the brand of hotel, location and dates you want to redeem your points. We wanted to know if certain brands of Marriott properties provided more value for your Bonvoy points compared to others, or if Bonvoy points are more valuable domestically or internationally.

We separated every Marriott hotel brand from our data and put them into three distinct categories that fit every type of traveler: luxury, upscale and value.

We consider luxury properties to be the most prestigious hotels in Marriott’s portfolio and include hotel brands like the JW Marriott and St. Regis Hotels and Resorts. We found the average value of Marriott’s luxury properties to be 0.77 cents per Bonvoy point. Based on data collected in July 2022, this is the most valuable category for redemptions with your Marriott points.

Marriott’s upscale properties include brands like Sheraton and Westin Hotels and Resorts. We found the average value of these types of properties to be 0.73 cents per Bonvoy point, which we consider to be a poor redemption value. The difference between categories may seem small per point, but will add up over a significant redemption.

The largest category we analyzed was what we consider Marriott’s value properties, which includes brands like Courtyard and AC Hotels. Bonvoy points redeemed at these properties are worth 0.73 cents per point.

When comparing Marriott’s domestic and international properties from the data we collected, we found that redeeming your Bonvoy points for hotels located in the US offers more value than Marriott hotels in international destinations.

The average value of Bonvoy points for domestic hotel properties is 0.76 cents per point, while international hotel properties average 0.74 cents per point. While both of these options provide a good redemption value, you can strive to get a slightly better deal using your points for domestic trips.

How Marriott Values ​​Bonvoy Points

You are able to buy Bonvoy points from Marriott but is it a good idea? If you are short a few Bonvoy points that you need for an exceptional redemption and don’t have the means to obtain additional points before you need to travel, you might start considering buying points. However, in almost all other cases, it is best to avoid buying points.

Marriott sells Bonvoy points, which are processed through, in increments of 1,000 points for $12.50. This means Marriott values ​​Bonvoy points at 1.25 cents per point. While you will be able to find properties that offer free award nights that are valued higher than what you can buy them for, our data showed that to be the extreme exception, not the rule.

Understanding the Value of Marriott Bonvoy Points

Now that we know the value and best redemption strategies of the Marriott Bonvoy loyalty program, let’s look more closely at the methods we used to calculate these valuations.

How To Calculate Hotel Points Valuations

You can calculate the value of any hotel award booking by multiplying what would be the total cash price for your booking by 100 and then dividing that by the number of points needed for your redemption.

For example, if you are looking to book a three-night stay at The Royal Hawaiian, a Luxury Collection Resort, in Waikiki that costs $1,557 for your stay, you would multiply $1,557 by 100 to give you the rate in cents: 155,700.

Then do an award search to see how many Marriott Bonvoy points it would cost to redeem the same three-night stay. For this example, let’s say it would cost 188,000 Bonvoy points.

Next, take the 155,700 cents it would cost to pay cash and divide that by the 188,000 Bonvoy points it would cost to redeem. You’ll end up with roughly 0.83 cents per point valuation.

(Cost of Award in Dollars X 100) / Number of Points to Redeem = Cents Per Point Valuation

How We Determined the Value of Marriott Bonvoy Points

Points and miles valuations will vary depending on your source and the methodology used to calculate their valuations.

Ultimately, our goal and priority was to develop a methodology that is relevant to our readers. We know everyone isn’t earning Bonvoy points for aspirational redemptions like the Maldives—many of us instead want to take a vacation to Myrtle Beach or Disneyland.

Our data is based on actual reward redemption searches for hundreds of Marriott properties in some of the most popular domestic and international vacation destinations. We searched for a variety of dates in both the short-term and long-term future.

Since our methodology is data-driven and based on real searches, we are able to re-evaluate our valuation of Bonvoy points easily and on a regular basis by collecting new data.

As we continue to monitor and update our data set, we can evaluate different ways to interpret valuations across many different scenarios within the Marriott Bonvoy program. As we add additional hotel loyalty programs to our valuations portfolio, we will also be able to compare which programs can offer more value in different scenarios.

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Bottom line

Our current overall valuation of Marriott Bonvoy points stands at 0.74 cents per point. Redeeming your points for a reward redemption for anything below that is a poor value.

Our data showed that Bonvoy points have a slightly higher value when redeeming for Marriott’s value and luxury properties compared to their upscale properties. We also found that your Bonvoy points are worth more when using them domestically vs. internationally.

Our methodology is based on data from real reward searches that enable us to stay ahead of any loyalty program changes and keeps our valuation current with reward pricing trends. We’ve selected some of the most popular vacation destinations around the world and evaluated each Marriott property in each location.

We look forward to analyzing the data further to find the best ways to get the most value out of your Marriott Bonvoy points.

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