Fairmont President's Club and Le Club AccorHotels to Become One Program in 2018
In December 2015, AccorHotels announced its plan to acquire Fairmont Hotels & Resorts. Including its Fairmont, Raffles and Swissôtel brands, the FHRI company cost Accor 46.7 million new shares and a cash payment of $840 million. Since the announcement, however, there hadn't been many updates on the loyalty front. Now, almost two years to the date since the original news, the two have announced that Fairmont President's Club will be folded into Le Club AccorHotels, effective July 2, 2018.
If you have status with Fairmont President's Club, your status will be matched to an equivalent level in the Le Club AccorHotels program. Here's what the match looks like:
If you have status with both President's Club and Le Club AccorHotels, there's a more convoluted chart. You can find it here.
Once the programs are merged on July 2, 2018, members will earn at the following levels:
- Classic members earn 25 points per 10 euro
- Silver members earn 31 points per 10 euro
- Gold members earn 37 points per 10 euro
- Platinum members earn 44 points per 10 euro
In TPG's recent analysis of the top 10 best hotel loyalty programs in the world, Le Club AccorHotels finished in the middle of the pack at No. 5. Its high ranking was thanks mostly to the high value of its points at around 2.4 cents apiece.
As reported by View From the Wing, when the merger of the loyalty programs is complete in 2018, Fairmont President's Club elite members will see the elimination of two popular benefits. As part of the Le Club AccorHotels, elites will no longer get guaranteed late checkout, and suite upgrades are no longer a perk. Instead, Gold and Platinum members of Le Club AccorHotels will get an upgrade to the next best room or room category, subject to availability.
Members of both programs are getting plenty of warning with this announcement, as the finalization of the merger and loyalty programs isn't until July. While Fairmont members will be sad to see some of their favorite perks go, the portfolio of the combined program will be larger with more options. You can check this site for full details on the merger and what it means for members of both programs.
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| 2X miles | 2 miles per dollar on every purchase |
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Intro Offer
Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 monthsLIMITED-TIME OFFER: Earn up to 400K bonus milesAnnual Fee
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Why We Chose It
The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
- The Capital One Venture X business card has a very lucrative welcome offer.
- In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
- Business owners are also able to add employee cards for free.
Cons
- The card requires significant spending to earn the welcome offer.
- Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
- Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
- Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
- Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
- Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
- Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month