Marriott Bonvoy has launched a redemption sale earlier on this week, where they are offering most of their hotels at off-peak redemption prices through February 2021. This sale could potentially save you points if you have upcoming stays planned with Marriott.
Book Marriott Bonvoy redemptions for up to 33% less
Marriott Bonvoy moved to a tiered award pricing in 2019, which is off-peak, peak and standard. Prices change depending on the occupancy of the hotel, which determines if they are busy or not.
With this promotion, Marriott states that there will be up to 33% lesser points required for over 7000 hotels around the globe. This could mean Marriott is offering Off-peak pricing at their participating properties. Here is how off-peak pricing discounts prices:
- Cat 1: 33% discount from standard rates (5,000 instead of 7,500)
- Cat 2: 20% discount from standard rates (10,000 instead of 12,500)
- Cat 3: 14.3% discount from standard rates (15,000 instead of 17,500)
- Cat 4: 20% discount from standard rates (20,000 instead of 25,000)
- Cat 5: 14.3% discount from standard rates (30,000 instead of 35,000)
- Cat 6: 20% discount from standard rates (40,000 instead of 50,000)
- Cat 7: 16.67% discount from standard rates (50,000 instead of 60,000)
- Cat 8: 17.6% discount from standard rates (70,000 instead of 85,000)
The discounted pricing is valid for bookings made between November 30 and December 14, 2020, for stays through February 2021. This means, for instance, you can stay at the Ritz Carlton Bangalore, for just 30,000 points per night.
Unfortunately, there is no way to tell which property is participating or not, and Marriott tells us 90% of properties are on sale. However, some of my favourites in India are either available at Peak or Standard pricing only at the moment such as the JW Marriott Mussoorie. This is not the property doing anything here, but Marriott Revenue Management’s algorithm, which determines which property goes in which bracket every month.
This sale makes sense since at the moment most people are stuck at home and hardly travelling or not travelling at all, which dovetails into the traditional wind-down period for business travel and might be causing an extraordinarily low occupancy. How about a rebate to get some of them out of their homes and do a staycation?
Remember, you can also buy Marriott Points with a 50% bonus at the moment if you don’t have enough points.
Marriott’s new promotion is a great opportunity to redeem hotels booked with points at the off-peak level for stays through February 28, 2021. If you have any existing hotel stays booked on points, you can also rebook them at these reduced rates. Remember, you can only book till December 14, 2020, with these reduced prices.
Will you be taking advantage of this Marriott promotion?
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