{"id":14705,"date":"2023-02-03T18:20:48","date_gmt":"2023-02-03T18:20:48","guid":{"rendered":"https:\/\/www.verylvke.com\/en\/?p=14705"},"modified":"2023-02-03T18:20:48","modified_gmt":"2023-02-03T18:20:48","slug":"marriotts-dynamic-pricing-starts-to-bite-hard","status":"publish","type":"post","link":"https:\/\/www.verylvke.com\/en\/2023\/02\/03\/marriotts-dynamic-pricing-starts-to-bite-hard\/","title":{"rendered":"Marriott&#8217;s dynamic pricing starts to bite (hard)"},"content":{"rendered":"\n<p>Marriott introduced <em>Flexible Redemption Pricing<\/em> for stays commencing this year, and <a href=\"https:\/\/www.verylvke.com\/en\/2022\/12\/26\/warning-marriott-to-remove-redemption-cap-in-2023\/\" target=\"_blank\" rel=\"noopener\" title=\"\">per our recent observation<\/a> it didn&#8217;t hit us that hard. It turns out that we were being too optimistic though, as some properties have seen a massive hike in redemption price overnight.<\/p>\n\n\n\n<p>According to a Wechat tracking application that my friend maintains, <a href=\"https:\/\/www.verylvke.com\/jw-marriott-shenzhen\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">JW Marriott Shenzhen<\/a> has just broken their original 20K cap by a huge margin:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.verylvke.com\/en\/wp-content\/uploads\/sites\/2\/2023\/02\/jw-marriott-shenzhen-cap.jpg\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"752\" src=\"https:\/\/www.verylvke.com\/en\/wp-content\/uploads\/sites\/2\/2023\/02\/jw-marriott-shenzhen-cap.jpg\" alt=\"\" class=\"wp-image-14706\" srcset=\"https:\/\/www.verylvke.com\/en\/wp-content\/uploads\/sites\/2\/2023\/02\/jw-marriott-shenzhen-cap.jpg 400w, https:\/\/www.verylvke.com\/en\/wp-content\/uploads\/sites\/2\/2023\/02\/jw-marriott-shenzhen-cap-160x300.jpg 160w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p>The property has gone up to 51,000 points on certain nights, which is a <strong>155% increase<\/strong> overnight. It sets a precedent in the Marriott Bonvoy program and I won&#8217;t be surprised to see more properties joining the league very soon.<\/p>\n\n\n\n<p>It&#8217;s saddening to see how Marriott has decided to follow Hilton&#8217;s path. You may want to make some speculative bookings if your destinations have outsize redemption opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marriott introduced Flexible Redemption Pricing for stays commencing this year, and per our recent observation it didn&#8217;t hit us that hard. It turns out that we&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-14705","post","type-post","status-publish","format-standard","hentry","category-marriott-bonvoy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/posts\/14705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/comments?post=14705"}],"version-history":[{"count":1,"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/posts\/14705\/revisions"}],"predecessor-version":[{"id":14708,"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/posts\/14705\/revisions\/14708"}],"wp:attachment":[{"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/media?parent=14705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/categories?post=14705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.verylvke.com\/en\/wp-json\/wp\/v2\/tags?post=14705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}