Another take on valuation of Marriott Points.
Using the Marriott Rewards Merchandise Redemption link (Marriott Rewards Merchandise | Gift Cards, Computers, Watches, Toys, iPods and More. ) and comparing these items to Amazon's prices, I came up with the following grid and point values:
|DESCRIPTION||AMAZON $||REDEMPTION POINTS||CENTS/POINT|
|Samsung UN55ES7500 55-Inch 1080p 240Hz 3D Slim LED HDTV (Black)||$1,997.99||784000||0.2548|
|Keurig 2700 Keurig® Vue® V700 Single serve coffee system||$179.99||66000||0.2727|
|Nikon D7000 16.2MP DX-Format CMOS Digital SLR with 18-105mm f/3.5-5.6 AF-S DX VR ED Nikkor Lens||$1,096.95||378000||0.2902|
|Endurance T6iHRC Treadmill with Heart Rate Control||$1,790.00||544000||0.3290|
|Honda 2000W Generator||$999.00||302000||0.3308|
|Fire Sense 60921 StoneLook Column Outdoor Fire Pit||$240.67||68000||0.3539|
|Dyson DC41 Animal Bagless Vacuum Cleaner||$530.59||144000||0.3685|
|Maytag MGR8670AS 5.8 cu. ft. Capacity Gas Range with Two Power Cook Burners||$977.00||230000||0.4248|
|Gourmet Ice Cream of the Month Club||$587.40||134000||0.4384|
|Apple iPad with Retina Display MD510LL/A (16GB, Wi-Fi, Black)||$507.00||114000||0.4447|
|VinoView Silent 35 Bottle Wine Display Refrigerator||$471.99||106000||0.4453|
|Marriott $1000 gift card||$1,000.00||204000||0.4902|
|John Boos CU-CULART30-OD2||$699.00||134000||0.5216|
|Movado Men's 2600077 Series 800 Performance Steel Bracelet Watch||$995.00||188000||0.5293|
|All-Clad Copper Core 10-Piece Cookware Set||$1,299.94||234000||0.5555|
Pingreeman - thanks - I'm a big fan (and an avid consumer) of empirical research or efforts to quantify value along these lines. Still, having said that, I do think there is something to burning (potentially huge amounts of) points for things that you otherwise simply would not pay for. Particularly for the folks that have points "war chests," I'm intrigued to see Marriott offer really high-end novelties and/or luxury items as loyalty rewards. For example, see the discussion here: WOW: POPULR - New Marriott Points Shopping System?
Granted, I've been guilty in the past of using absurd amounts of points for serious splurge activity (I think my biggest splurge was for two rooms for five nights at the Ritz Carlton Hotel Arts in Barcelona) rather than economizing and maximizing their utility. But, to my mind, a really nice family vacation - something quite out of the ordinary - that I otherwise couldn't afford (or wouldn't pay for) is a reasonable use for a hard-earned loyalty reward. So, even though I know it might be more "efficient" to use the points for stays, I could definitely see myself someday cashing in a slug of points for something that I otherwise simply would never buy for myself....
It's all food for thought, but, sitting at the table (and weighing options), your data is incredibly helpful. Thanks again!!!!
I have always viewed using points for family vacations as buyin for all the travel time.
Once they see what is in it for them, when someone in the family is away on travel alot, its easier to tolerate realizing there could be a really fun vaca at the end of it all for the family that they might not have had otherwise.