Reacting to the Latest SW Companion Pass News

I've written about Southwest's Companion Pass on several occasions in the past, since I think it's one of the best travel deals out there. Recently, Southwest had announced that hotel point transfers will no longer count towards qualification for the Companion Pass, a few days later, they made a partial backtrack, giving us until the end of the first quarter of 2017 to make the transfers. Here, I'll discuss what I decided to do with this information, with regards to the points I had stockpiled for a Marriott Hotel + Air Package.

The backstory

Even before Southwest put the dagger into the hearts of many miles/points churners on January 1st, I had been considering using my points transfer to receive Alaska or United miles as part of a Marriott Hotel + Air Package.

I was leaning heavily towards getting the Hotel + Air Package that included 120,000 Southwest miles on January 1st, since that would immediately qualify me for the SW Companion Pass for all of 2017 and 2018, but Southwest understood my plan (and presumably that of many others) to maximize the pass benefit for a full two years. They waited until the very day that would make the most sense to redeem for this package, leaving many scrambling for backup options.

Luckily, I had already written my previous post, where I identified what I feel to be the 2 best alternatives to the Southwest Companion Pass play. As I was forced to consider those alternatives further, I realized that they really weren't that bad. In fact, if you have no into of flying to any of the tropical destinations serviced by Southwest, or you're hoping to fly premium class products, there's really not much reason to have miles and the companion pass with Southwest.

What I'm doing

Despite the fact that I am looking to move into more business-class travel, there's no getting around the value-proposition of essentially doubling the travel-potential of miles with a companion pass. What's more, Southwest flights can be cancelled at any time leading up to the flight, allowing for speculative booking, last-minute adjustments, and general de-stressing of the award-booking process. Finally, I have found that Southwest often has the best redemption values for many routes across the US and the tropics (I just researched a spring break trip to Costa Rica for 2 people for 19k miles, round-trip!). It's an unbeatable combination of perks for me, so I just went all-in!

It took just three minutes by phone to convert my 270,000 Marriott points into a Hotel + Air Package that includes 7 nights at any Marriott Cat 1-5 hotel and 120,000 Southwest miles. The post I referenced earlier looks at the best Cat 5 and 6 redemptions, which is useful because you can always add an extra 30,000 Marriott points later to bump up to a higher award category.

The Bottom Line

If you have a stash of Marriott Hotel points, it's time to cash out for a Marriott travel package. My redemption netted me a SW Companion Pass for all of 2017 and 2018 + 120,000 Southwest miles. Combining the two benefits of this redemption generates $3,200 in free flights. Oh, and lets not forget the 7-night stay in a Marriott, from which I expect to extract about $1,000 of value. The total value of the package works out to about 1.5 cents-per-point, whereas typical Marriott redemptions are worth more like 0.5-0.7cpp!