Do you only loose 1 notch of status if not met after a year

Discussion created by j&mtravel on Nov 9, 2018
Latest reply on Nov 9, 2018 by bostonsportgeek

Would i go from Platinum Premier to Platinum elite if i do not qualify after a year?  In essence, do you only go down 1 notch from any given point level year to year, or can you go down 2 notches in a year