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Recent analysis reveals that Marriott Bonvoy points have decreased in value since the introduction of dynamic pricing. The study, which revisited a 2022 analysis, examined nearly 15,000 data points across various properties within the Marriott Bonvoy portfolio. It found that more than two-thirds of the 51 properties studied now offer lower average redemption values.
The overall decrease in value is significant, with an average reduction of over 15%, bringing the current valuation to 0.7 cents per point. This decline has been attributed to increased award rates at several Marriott properties, alongside rising paid rates.
A spokesperson for Marriott International commented on these findings: "With more than 9,000 hotels and demand that fluctuates across the year, dynamic pricing for hotel redemptions at times may result in higher redemption costs for hotels in high-demand markets. It also means that there are always great deals available."
