One particular of the most important outstanding questions of the Marriott/SPG/Ritz integration has now been answered. The company has formally announced how existing journey certificates from Lodge + Air packages issued before today (August 18) will change in the new plan. Let’s dive appropriate in:
|Brand||Existing Certification||Converted Certification
(valid throughout combined Marriott/SPG/Ritz portfolio)
|Marriott||Category one-five||Category one-4|
|Marriott||Category six||Category one-4|
|Marriott||Category seven||Category five|
|Marriott||Category eight||Category five|
|Marriott||Category 9||Category six|
|Ritz-Carlton||Tier one-3||Category six|
|Ritz-Carlton||Tier 4-five||Category seven|
As you can see, these all accurately match my predictions (the conservative established) from earlier in the 7 days. Even though I know many associates have been hoping for a more generous conversion price, I do think these are fair. As I famous in that earlier story, the wide majority of inns at the outdated amounts have been sticking all over at my predicted (and now verified) amounts. In addition, certificate holders are gaining obtain to many further SPG houses.
Also, continue to keep in brain that Category eight pricing does not go into impact right up until 2019, and a Marriott spokesperson verified that outdated Tier 4-five certificates (which are now new Category seven certificates) can be applied at any best-tier house in the combined plan right up until Category eight pricing goes reside. Considering that this provides you a window of at the very least four months to lock in these stays, I think this is a fair compromise.
At last, it’s truly worth noting that this new fees will not cross about to other classes when peak/off-peak pricing goes into impact in 2019. Marriott has verified that a certificate valid at a Category six house will only be valid at Category six houses, even even though peak pricing for people inns (60,000 details for each night time) is the identical as conventional pricing for Category seven inns.
My major complaint is that this information wasn’t communicated in advance of time. Even though I have been crystal distinct in my tips for what to do with these certificates, I know that many have been having a “wait-and-see” solution, holding out hope for a generous conversion price. Presented that these are converting at a somewhat conservative amount, why didn’t Marriott just announce it in advance of time to let its consumers to make a completely knowledgeable decision?
If you did come to a decision to keep off on attaching your certificates to a Marriott lodge, just a reminder that a month-extensive blackout time period for working with these certificates is now in impact. You will not be able to make any new reservations right up until September 18, and while Marriott has indicated that basically canceling a reservation with a certificate between now and then is doable, you will not be able to change a reservation with a certificate right up until then.
I sincerely hope that many of you took my assistance and hooked up these certificates to a lodge before today, as these conversion fees never really offer any kind of “windfall” for any certificate holders. However, if you are not thrilled with the lodge you have booked and want to change your reservation to a legacy Starwood lodge starting up September 18, a Marriott spokesperson has verified that you’ll be able to do just that.
We’ll keep on to update all our coverage of the new Marriott plan during the weekend and into following 7 days as more of the integration goes reside. You can also view the solutions to some of the most common questions about the new Marriott plan from TPG‘s Senior Factors & Miles Editors, and be absolutely sure to comply with us on Facebook or Twitter for up-to-the-moment information!
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