Marriott Bonvoy Implements Widespread 5-10% Increase in Award Costs

Marriott Bonvoy has implemented a widespread increase in award costs, with points requirements rising by an average of 5-10% across the program's properties. This change, flagged by LoyaltyLobby, represents a devaluation of the currency as the hotel chain adjusts its dynamic pricing formula. The devaluation is described as mild enough to go unnoticed by many members but significant enough to impact redemption value, with average redemption values dropping to around 0.56 cents per point in markets like Bangkok