[cthalupa]

I'm having trouble seeing this as anything new or different.

These rewards programs were based on on nights or stays prior to the merger. SPG had no minimum spend requirements, and was widely considered the best hotel rewards program out there. And SPG had "low-end" properties as well, and there was no differentiator. I could earn all my rewards at an Aloft or Element and redeem them at a W or St. Regis.

If anything, Marriott had a higher quantity of "low-end" hotels and unless I'm significantly misremembering, you could always have earned points at the Fairfield Inn and used them at the Ritz-Carlton.

I don't understand what you think changed with this merger in that regard.