UPDATE: Review the below for corrected links to the Strategy Memo:


STRATEGY MEMO - AUGUST UPDATE
PRICING CONTACTS IN MarRFP
ACCOUNT SALES MPB PROGRAM 2024 EXTENSION - US/Canada Hotels Only

STRATEGY MEMO - AUGUST UPDATE
As mentioned in the latest Weekly Update, please review the 2024 Business Transient Pricing Strategy Memo – August Update (PDF), for latest update on BT trends for 2024 pricing. Hotels are encouraged to have confidence in their pricing decisions. 

PRICING CONTACTS IN MarRFP
The Pricing & Account Services team recently contacted all hotels that had a duplicate 5th contact (repeating one of the contacts listed in 1-4 on the MarRFP General Pricing Contacts page). As a reminder, the 5th contact should be an Above Property Sales or Revenue leader. In the rare instances that a property may not have an additional person to list as the escalation contact, utilize the General Manager, even if they are already listed as a contact.

TIP: Be sure to keep your Pricing Contacts updated throughout the year. Check spelling and correct format of the email addresses, ensuring “.com” is included as well as no blanks in the email. 

ACCOUNT SALES MARRIOTT PREFERRED BUSINESS RATE PROGRAM 2024 EXTENSION - US/Canada Hotels Only
Marriott will continue the BT segment focused MPB pilot with a select number of Account Sales partners to promote a discount to their corporate travelers at non-preferred U.S. and Canada hotels. This program includes a discount of 5% off flexible retail rate and will be effective January 1 – December 31, 2024. This discount will allow for chainwide coverage within secondary/tertiary markets where the Customer does not typically have negotiated volume producer rates in place, and where chainwide discounts are preferred. No property action is required for participation in this pilot program, as the 5% discount will be automatically loaded for all properties who do not action to opt out. Properties who wish to decline participation can opt out prior to September 15, 2023.  

Program details and opt out instructions can be found on MGS Exclusive Partnerships
For additional questions, include your MARSHA code and email the PAS@Marriott.com inbox.
Need additional training and resources? Visit our PAS Hotel Pricing Resources MGS page.
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