Marriott International states the switch to vibrant redemption rates will see rates more closely move with actual hotel rates based upon demand and schedule, with more cost points contributed to give members more flexibility when booking their reward remains. Presently, the program functions basic, off-peak and peak rates.
Suite Night Awards and Free Night Awards due to end at the end of 2021 will also be extended by 6 months, providing members more time to redeem their earned benefits. Extra changes working next year will see points able to be redeemed in mix with totally free night credits to make the most of the perk faster than under normal earn rates.
The Tasman, a Luxury Collection Hotel in Hobart.
The switch, developed to assist hotels manage their inventory much better, will permit residential or commercial properties to increase the number of spaces offered for redemption stays. The company states it expects redemption rates to change as demand boosts and inventory drops as part of normal booking lead times. Bookings made between now and March will continue to be readily available at the existing redemption structure.
Marriott Bonvoys redemption modification comes as part of a raft of changes made to incentivise visitors to stay devoted to the program, with members to see their 2021 status extended till completion of February 2023, regardless of when it was made. The time out on points expiry dates will likewise be extended, implying unused balances will stay undamaged till 31 December 2022.
Versatile redemption rates will be introduced by Marriott Bonvoy on benefit nights from March next year, the business has announced.
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