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The Clark Howard Podcast

09.18.24 Hotel Points Devalued / Update: Laundry Detergent Sheets

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Investing, Business

4.65.2K Ratings

🗓️ 18 September 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Today, a warning about hotel frequent stay programs. Hotel points have been significantly devalued. Clark breaks down who should be brand loyal and who should not bother. Also, Clark has an update on something he’s talked about on the show - laundry detergent sheets. So do they work? Hotel Rewards Downgraded: Segment 1 Ask Clark: Segment 2 Update: Laundry Detergent Sheets: Segment 3 Ask Clark: Segment 4 Mentioned on the show: WSJ: The Loyalty Reward Downgrade Has Come for Hotel Guests Best Travel Credit Cards: Top Rewards Picks for 2024 Cancel for Any Reason Trip Insurance: Should You Buy It? The Platinum Card® from American Express Review 2024: Is It Worth It? Why Laundry Detergent Sheets Are a Waste of Money Is It Ever OK To Co-Sign a Loan With a Family Member? New Report: The Safest Cars for Teens / Safe vehicles for teens IIHS, Consumer Reports name safe, affordable vehicles for teens Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's great to have you here on the Clark Howard Show. You know, our mission is to serve you with advice and information that empowers you to make better financial decisions in your life.

0:16.0

In today's episode, I'm going to start with a warning

0:20.0

about hotel frequent stay programs. I talked recently about airline

0:26.5

frequent flyer programs and how they become such a rip-off. I want to tell you

0:32.0

the hotels have actually become worse than the

0:35.4

airlines. Is that possible? Yeah. Also I have an update about something I was so

0:42.1

excited about on the podcast, laundry detergent sheets.

0:47.7

Instead of detergent, I got new data for you on whether or not they are worth your money.

0:55.2

So right now, I want to talk about the hotel programs.

0:59.6

I kind of turn sour on Bonvoy, which is Marriott's program, probably two years ago when it became

1:08.1

clear that Marriott was just pulling a fake on you. It was a bait and switch. Marriott, the world's largest

1:17.5

hotel brand, when they took over Starwood, they immediately started a process of devaluing the hotel program, and now it's a joke.

1:28.8

And now hotels in Mass in the Marriott program are no longer honoring virtually any of the

1:37.3

privileges that various levels of elite status are supposed to mean in Bonvoy.

1:44.5

People who live on the road,

1:47.2

staying in hotels night after night after night,

1:50.1

and you hit a level and you're supposed to get room upgrades and maybe free breakfast and this that or the other

1:56.7

and Marriott Hotels and Marriott Affiliate all the different brands that basically said forget it we're not doing anything for you

2:06.5

and if you thought we were going to do any of those things is not happening and Marriott's doing nothing about it nothing.

2:15.9

They are the worst offender but the devaluing of the benefits of the points.

2:23.8

I mean, it's a joke.

2:25.3

When you look at any of these programs,

...

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