In mid-April, Starwood announced their 10th hotel brand, called Tribute Portfolio. While I don’t get all that excited over most new hotel brands nowadays, I am quite excited about the idea behind Tribute Portfolio. The idea is that it’s intended to be a collection of independent hotels, which otherwise don’t fit in any of the other brands.
As a consumer this is the best of both worlds, in my opinion. You get to stay at a hotel that feels “independent,” while getting the benefits you’re used to through one of the best hotel loyalty programs — room upgrades, late check-out, complimentary breakfast, Starpoints, elite qualifying stay/night credits, etc.
The Tribute Portfolio brand is launching with the Royal Palm South Beach Miami.
Even though Tribute Portfolio is intended to be more of a mid-range brand than Luxury Collection, this property isn’t cheap at all. Weekday rates start at ~$350+. But I guess that’s largely a function of the hotel being in South Beach, which isn’t a cheap market regardless of the brand.
If you’re looking to try out the Royal Palm South Beach (and for that matter the Tribute Portfolio brand as a whole), there’s an opportunity to stay with a huge discount at the moment.
While Starwood’s lowest weekday rate at the hotel is ~$349+, virtually all other sites are selling the hotel for ~$199+ on weekdays. For example, hotels.com is selling an identical room with identical terms for $199+.
Starwood offers a “Best Rate Guarantee,” whereby they match the lower rate you find elsewhere, plus give you either 2,000 bonus Starpoints or a further 20% discount on the rate.
In this case you’d book the Royal Palm through Starwood’s website at the higher price and then immediately fill out a claim form. Then they’ll match that $199 rate and either give you 2,000 bonus Starpoints or a further ~$40 discount.
Keep in mind that this stacks with the promotion SPG is offering for 2,000 bonus Starpoints per Tribute Portfolio stay.
While this rate isn’t so cheap that it’s “mattress run” worthy, it certainly makes staying at a Tribute Portfolio property much more affordable. I’m keen to try out the brand and see how they execute the “SPG experience,” and this is a great rate at which to do so.
Is anyone else planning on checking out the Royal Palm South Beach?
(Tip of the hat to Sam)