betterdays

Price Points

Discussion created by betterdays on Mar 8, 2020
Latest reply on Mar 10, 2020 by aleez38

Today I received an email from Marriott informing me that I can get a 50% bonus when I buy or gift points now through March 25, 2020.  This got me to thinking...  Would this be a good deal?  What if I wanted to pay for a stay entirely with points?  What would it cost?  How would it compare to cash pricing?

So I did some calculations.

I wanted to determine how much you would need to pay per night if you simply purchased all the points you needed. 

 

Keep in mind that if you're buying points from Marriott, there are some conditions.

  1. You must buy in 1000 point increments.
  2. You must also buy at least 2000 points.
  3. You can buy a maximum of 50000 points per year.

 

Marriott routinely sells points at a rate of $12.50 per 1000.

That works out to $0.0125 per point. 

So I looked at Marriott's award price chart and did some simple multiplication. 

 

*Please note that points needed for a single Standard night for a Category 1, 2, or 3 property are as follows:

Category 1 = 7500

Category 2 = 12, 500

Category 3 = 17,500

For these instances, I rounded up to the nearest 1000 points.  If you were buying points for your stay, that's how many you'd need to purchase... unless of course you were buying points for more than one night.  But I chose to keep things simple here.

 

So.  Keeping things simple, this is what you would pay if you purchased all the points necessary to book an award stay.

 

 

Off-Peak

Standard

Peak

Category 1

$62.50

$100.00

$125.00

Category 2

$125.00

$162.00

$187.50

Category 3

$187.50

$225.00

$250.00

Category 4

$250.00

$312.50

$375.00

Category 5

$375.00

$437.50

$500.00

Category 6

$500.00

$625.00

$750.00

Category 7

$625.00

$750.00

$875.00

Category 8

$875.00

$1,062.50

$1,250.00

 

I'm guessing that I'm not the only Marriott Insider to be offered the opportunity to purchase points with a 50% bonus.  So how does that change hotel night pricing?

 

Keeping to simple math here for the 50% bonus points offering:  When you buy 10,000 points for $125 with this special offer, you get an additional 5000 bonus points.  So now you're paying $125 for 15,000 points.  Doing the math ($125/15000) shows us that you'd now be paying $0.0833 per point.  Accounting for the Category 1 through 3 Standard award night pricing once again, this is what the price chart looks like with our 50% bonus.

 

 

 

Off-Peak

Standard

Peak

Category 1

$41.67

$66.67

$83.33

Category 2

$83.33

$108.33

$125.00

Category 3

$125.00

$150.00

$166.67

Category 4

$166.67

$208.33

$250.00

Category 5

$250.00

$291.67

$333.33

Category 6

$333.33

$416.67

$500.00

Category 7

$416.67

$500.00

$583.33

Category 8

$583.33

$708.33

$833.33

 

Out of curiosity I checked out the Westin Seattle for September 25th & 26th. 

These two dates are priced as Standard award nights, and the hotel is a Category 6 property.  As such, you would need 50,000 points to pay for each award night. 

If you purchased these points with a 50% bonus, you'd be paying $416.67 per night. 

The standard cash rate for September 25th is $246 and for the 26th it is $256.

Of course you might be able to find a better rate here:  Triple TIPPLE Hotel and Booking Info 

 

I just compared a couple nights at one hotel and purchasing points for an award stay on those nights would cost more than simply paying the standard cash rate.  However, there may be some places out there where buying points could save some money.  I'll leave that to other Insiders doing a little exploring if they'd like.

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