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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.
You can redeem your Marriott Rewards Points for a variety of options such as Priority Pass, retailer gift cards, or instant rewards. Priority Pass allows you to use your points to register for any of the three levels of lounge membership and gain access to hundreds of lounges across the world.