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So, in this case, 270,000 Marriott points are approximately equivalent to 100,000 SPG points. With SPG, you get 5,000 more miles, but with Marriott you get a 7 night stay. If we ignore the differences, we can say that we would need 2.7 Marriott points per SPG point in order to break even.
One can use the above analyses to estimate the comparative value of SPG points to Marriott Rewards points at anywhere from 2 to 1 to 5 to 1. 1  That doesnât tell us what conversion rate Marriott will apply, but it gives us a general ballpark. Here are some of Marriottâs options and my quick analysis of each.