Marriott Bonvoy announces new promotion to double points on home rentals
Just in time for the late summer holiday season, Marriott Bonvoy has announced a new promotion for its members, offering double points for home rentals through its Homes & Villas program through January next year. . The reservation period begins on July 11 and ends on July 29, giving you a relatively short window of time to lock in your plans.
The program offers a great opportunity for Bonvoy members to earn extra points on late summer home rentals, as well as those looking to book home rentals with family or friends during the Action thanksgiving and winter holidays.
And the promotion is another sign of how aggressive hotel brands are in the home rental market.
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Details of the promotion
In order to earn double points, Bonvoy members must book a Marriott rental property through the Homes and Villas by Marriott website over the next three weeks – between July 11 and July 29. The rental period of the house must be completed by the end of January 2023 and you must stay at least three consecutive nights.
The program has no blackout dates, meaning you’ll be able to redeem this bonus for home rentals this summer as well as popular family vacations in December and January – as long as you find availability, of course.
Bonvoy members normally earn 5 base points per rental dollar spent (excluding additional items such as taxes, cleaning or optional rental services). The promotional bonus will be awarded once the rental is complete, giving you a total of 10 points per dollar spent. This is an effective return of 8.4% based on TPG’s most recent valuations.
The terms state that the bonus points must be deposited into your account three to six weeks after the stay. Also, members who choose to receive miles rather than Bonvoy points are not eligible for the bonus, so no double deduction here. However, the points are in addition to the elite bonus points earned during the stay.
The reservation must be made in cash. Therefore, stays booked with points as well as redemptions of points and cash are not eligible for the promotion.
Related: How I Tripled and Earned 210,000 Points on an Epic Marriott Homes & Villas Booking
Home rental is a growing trend
Marriott promoting non-hotel properties may surprise some people, but its well-established Homes & Villas program has become an important part of its brand. Established in 2019, Marriott’s rental program now has more than 65,000 properties in more than 700 destinations around the world, including the United States, Canada, Europe, Asia, Africa and the Middle East.
While independent property management companies handle the operations of Marriott’s program homes, reservations are fully integrated with Marriott’s loyalty system. This lets you redeem points for participating properties and offers the ability to earn points on your stays – and includes bonuses like this.
The rise and popularity of home and apartment rental programs like Airbnb, Vacasa, Vrbo and other independent companies has put pressure on hotel brands to follow the trend. The vacation rental option is becoming popular with both the millennial population looking for a unique experience and family travelers looking for something affordable and flexible, especially in these times of inflation and high prices.
Mandarin Oriental and Accor have recently entered the vacation rental business, seeing it as an opportunity to expand their customer base and meet the specific needs of their existing users.
Expect to see more hotel brands entering the home rental business in the future, along with additional promotions and opportunities to leverage your points, both in terms of redemptions and opportunities. of gain.
Related: The Future of Guest Experience in Hotels? Less Moxy, more Airbnb