To: General Managers Directors of Market Strategy Directors of Finance Todd Baumgartel, Revenue Management Anna Lorch, Marriott Rewards Cindy Tchorni, Global Lodging Services FBP, Marriott Rewards Friday, December 11, 2009 2010 Marriott Rewards Reimbursement Rate
Marriott Rewards reimbursement rates are reviewed and updated on an annual basis for each property. The following provides the key dates for your 2010 Marriott Rewards standard reimbursement rates and the subsequent activities conducted on your behalf. The new reimbursement rate reflects the amount reimbursed for awards on point redemption reservations occurring on nights when the hotel has occupancy of less than 96%. Rates are calculated based on a combination of a standard cost rate, as well as RevPAR and Marriott Rewards redeemed and paid roomnights for 13 rolling periods. A more detailed explanation of reimbursement calculations can be found on MGS. The PointSavers rate is based upon the blended rate and calculated as 75% of the blended rate or your cost rate, whichever is higher. PointSavers awards are reimbursed at this PointSavers rate regardless of daily occupancy.
Regular and PointSavers Awards, updating them with your new blended rate.
Please Note: the reservation update process for all 3,100 hotels will begin on Monday, January 4, 2010, but may take a few days to complete all reservation updates
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Property Actions:
Review your 2010 MRW5 report starting the week of December 28, 2009 Ensure awareness of your new 2010 reimbursement rate to appropriate individuals Access MarRFP to update rates for any Upgrade Redemption (using points) based upon your new 2010 blended rate
Questions
Questions related to reimbursement rates may be directed to the Marriott Rewards Reimbursement Department at hgaslaccreimb@marriott.com Questions related to MarRFP may be directed to promotions.marrfp@marriott.com Questions regarding MARSHA may be directed to marsha.help.desk@marriott.com
2009 Marriott International, Inc. Confidential and Proprietary 2009 Marriott International, Inc. Confidential and Proprietary