Marriott Bonvoy announces new promotion for double points on home rentals
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Just in time for the late-summer vacation season, Marriott Bonvoy has announced a new promotion for its members, offering double points for home rentals through its Homes & Villas program through January of next year. The booking period begins July 11 and runs through July 29 — giving you a relatively short window of time to lock in your plans.
The program offers a good opportunity for Bonvoy members to earn additional points on late-summer home rentals, as well as those looking to book home rentals with family or friends over the Thanksgiving and winter holidays.
And the promotion is yet another sign of just how aggressively hotel brands are expanding into the home rental market.
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In order to earn double points, Bonvoy members must book a Marriott home rental property through the Homes & Villas by Marriott website sometime in the next three weeks — between July 11 and July 29. The home rental period must be completed by the end of January 2023, and you must stay a minimum of 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 vacation times in December and January — as long as you find availability, of course.
Bonvoy members normally earn 5 base points per dollar spent on the rental (excluding additional items like taxes, cleaning or optional rental services). The promotional bonus will be awarded after 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 indicate that the additional points should be deposited in your account three to six weeks after the stay. In addition, members choosing to receive miles rather than Bonvoy points are ineligible for the bonus, so no double-dipping here. However, the points are in addition to elite bonus points earned during the stay.
The reservation must be made with cash, so stays booked with points along with points-and-cash redemptions are not eligible for the promotion.
Home rentals are a growing trend
Marriott promoting non-hotel properties may be a surprise to 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 U.S., Canada, Europe, Asia, Africa and the Middle East.
While independent property management companies are in charge of the operations of the homes in Marriott’s program, the booking is fully integrated into Marriott’s loyalty system. This allows you to use points for participating properties and offers the ability to earn points on your stays — and includes bonuses like this one.
The rise and popularity of home and apartment rental programs like Airbnb, Vacasa, Vrbo and other independent companies have been putting pressure on hotel brands to keep up with the trend. The vacation rental option is becoming popular with both the millennial demographic looking for a unique experience and family travelers looking for something affordable and flexible, particularly during these times of inflation and high prices.
Mandarin Oriental and Accor have recently entered into the vacation rental business, seeing the opportunity to expand their customer base and cater to the specific needs of their existing users.
Expect to see more hotel brands get into the home rental business going forward, as well as additional promotions and opportunities to leverage your points — both in terms of redemptions and earning possibilities.
Featured photo courtesy of Isle of Palms.
Welcome to The Points Guy!
Receive 1 Free Night Award every year after your Card account anniversary. Plus, earn an additional Free Night Award after you spend $60K in purchases on your Card in a calendar year. Awards can be used for one night (redemption level at or under 35,000 Marriott Bonvoy points) at hotels participating in the Marriott Bonvoy program.
- Limited Time Offer: Earn 125,000 Marriott Bonvoy Bonus Points after spending $5,000 in purchases on your new Card in your first 3 months of Card Membership. Offer expires 8/31/22.
- 6x points at hotels participating in the Marriott Bonvoy™ program.
- 4x points for purchases made at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping.
- 2x points on all other eligible purchases.
- Receive a 7% discount off standard rates for reservations of standard guest rooms at hotels that participate in the Marriott Bonvoy program when you book directly. Terms and Conditions Apply.
- Receive 1 Free Night Award every year after your Card renewal month. Plus, earn an additional Free Night Award after you spend $60K in purchases on your Card in a calendar year. Awards can be used for one night (redemption level at or under 35,000 Marriott Bonvoy points) at a participating hotel. Certain hotels have resort fees.
- Enjoy Complimentary Marriott Bonvoy Gold Elite Status with your Card.
- Terms apply.
- See Rates & Fees