Marriott Bonvoy has significantly increased some award costs
In a world without posted award charts, it's hard to say when a program devalues its rewards currency. But, based on online reports and our own searches, Marriott Bonvoy appears to have increased its award costs across a slew of properties. This marks a serious devaluation for its members who save up points to take hard-earned vacations.
When Starwood and Marriott merged in 2018, there was a period of time when the award cost for properties tapped out at 60,000 points per night. That then went up to 85,000 to 100,000 points per night. In more recent years, the program has tended to lock in an unofficial cap of around 150,000 points on nightly redemption costs for peak nights and stays at high-end properties.
As View From The Wing first shared, that has changed: Multiple properties now cost between 200,000 and 300,000 Marriott Bonvoy points per night.
Related: Why points and miles are a bad long-term investment
TPG has contacted Marriott Bonvoy for confirmation, but the company has not responded as of the time of writing.
For example, we are now seeing nightly award rates at The Ritz-Carlton New York, NoMad for 142,000 points per night; The St. Regis Maldives Vommuli Resort for as high as 198,000 points per night; and the JW Marriott Masai Mara Lodge in Kenya for an eye-watering 236,000 points per night.
Here's a run-through of some examples of the current points prices we're seeing across the Marriott portfolio:
| Property | Highest points rate per night |
|---|---|
| Courtyard Anaheim Theme Park Entrance in California | 98,000 |
| JW Marriott Masai Mara Lodge | 236,000 |
| Mystique, a Luxury Collection Hotel, Santorini in Greece | 126,000 |
| North Island, a Luxury Collection Resort, Seychelles | 605,000 |
| SpringHill Suites Springdale Zion National Park in Utah | 74,000 |
| The Ritz-Carlton, Bachelor Gulch in Colorado | 132,000 |
| The Ritz-Carlton, Kyoto in Japan | 152,000 |
| The Ritz-Carlton Maui, Kapalua in Hawaii | 132,000 |
| The Ritz-Carlton New York, NoMad | 142,000 |
| The Rome Edition | 130,000 |
| The St. Regis Aruba Resort | 128,000 |
| The St. Regis Bora Bora Resort in French Polynesia | 136,000 |
| The St. Regis Deer Valley in Utah | 138,000 |
| The St. Regis Maldives Vommuli Resort | 198,000 |
| The St. Regis New York | 140,000 |
| The St. Regis Punta Mita Resort in Mexico | 138,000 |
| The Tokyo Edition, Toranomon | 133,000 |
| Vana Belle, a Luxury Collection Resort, Koh Samui in Thailand | 122,500 |
| Walt Disney World Swan Reserve in Florida | 84,000 |
To our eyes, this would suggest that even a relatively mid-tier property could set you back up to 85,000 points per night. Of course, that is a real challenge for travelers saving up their Marriott points to take a trip. It also presents a unique challenge for those with Marriott free night certificates at the 35,000-, 50,000- and 85,000-point levels, as they will now find that the certificates don't stretch nearly as far as they previously did.
For example, at The Ritz-Carlton New York, NoMad, we're seeing just three nights across the entire 2025 calendar that cost less than 85,000 points per night. This means most nights at that property (and many others) are entirely out of reach of that certificate — even though travelers could have used it at any Marriott property in the system just a few years ago.
Another example: When we looked back at the W Amsterdam in 2022, we rarely saw the cost above 70,000 points per night. Now, that is the lowest price you will see, and that's a rare one or two days here or there.

Bottom line
Three years after dropping its award charts for a dynamic pricing structure, Marriott Bonvoy has significantly increased the number of points it costs to stay at some of its properties. This is not to mention the rapid ascent in award pricing that has come since the merger between Marriott Bonvoy and Starwood Preferred Guest in 2018 when, for a few months, award pricing topped out at 60,000 points per night.
Now, you could easily wind up paying more than 200,000 points per night at certain Marriott properties. This per night points increase has considerably dampened the power of points certificates at the 35,000-, 50,000- and 85,000-point levels.
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| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
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| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
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There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits.Pros
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- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
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- Annual Fee is $325.
- Terms Apply.
Rewards Rate
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
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Intro Offer
You may be eligible for as high as 100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.As High As 100,000 points. Find Out Your Offer.Annual Fee
$325Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Excellent to Good
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits.Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.

