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Hotels.com Rewards gutted – rewards to be cut from 10% to 2% of your spend

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We have known for some time that Expedia Group, which owns Expedia, Hotels.com and property rental group vrbo, was planning a new combined rewards programme called One Key.

Details are now available here (only visible if you use a VPN to impersonate a US IP address, I think).

For Expedia Rewards, which is already a weak scheme, the change is minimal.

For Hotels.com Rewards, it amounts to a total gutting of the programme.

One Key hotels.com

Why is (was) Hotels.com Rewards great?

We have been recommending Hotels.com Rewards to HfP readers for many readers. You can see the details here.

For anyone who cannot commit to a specific hotel brand, or doesn’t do enough nights to earn a decent level of status or rewards, it was the best option.

It’s a very simple scheme. Whenever you complete 10 nights, you get a credit towards a future booking for the average ex-VAT cost of those 10 nights.

These means that you are receiving a 10% rebate on your spend.

Even better, the credit can be used as part payment if you prefer. You are not restricted, as you are with many hotel programmes, to booking a standard room as a reward. You can book a suite if you want, as long as you pay the difference.

Another benefit of Hotels.com Rewards is that you can book for anyone you want (with the bookings in their name) and earn the rewards for yourself. I have done this numerous times when booking hotels rooms for my in-laws.

One Key is a disaster compared to Hotels.com Rewards

One Key will give you a combined loyalty account account across Hotels.com, Expedia and vrbo.

You will receive 2% of your ex-VAT spending at Hotels.com as OneKeyCash. This means that rewards are being devalued by 80%.

The OneKey website says “It’s going to change the way you travel.” They got that right, but not in the way they hope.

You will also earn 2% on vacation rentals, activities, packages, car rentals and cruises booked via Expedia and vrbo. Flight bookings via Expedia will earn just 0.2% (£1 on a £500 booking).

What happens to my existing Hotels.com free nights?

The only bit of good news is that your existing free night awards are not going to be wiped out.

They will be converted into OneKeyCash at their existing value. If you have a free night worth $175 to use up, it will be swapped for $175 of One Key credit. The expiry date will remain the same.

What happens to part-earned Hotels.com free nights?

Don’t panic. You won’t lose the value of any existing stamps in your Hotels.com Rewards account.

The stamps you are currently collecting towards your next free night voucher will be turned into OneKeyCash based on their existing value, ie 10% of the ex-VAT cost of that particular night.

When is One Key launching?

In the United States, “mid 2023” is all we know so far.

There is no date yet for One Key to launch in the UK or other markets. It appears to be rolling out across the world on a phased basis.

There is no need to rush to use up existing free nights or complete your next free night, because the value WILL be carried over to One Key with no deductions.

Hotels.com one key

What happens to Hotels.com Rewards status?

One Key has its own status programme, which is based on your combined activity across Expedia, Hotels.com and vrbo. We will cover this in more detail as One Key gets closer to its UK launch.

Your launch status in One Key will be based on your combined bookings at Expedia, vrbo and Hotels.com across 2022 and 2023, as long as you use the same email address for all sites.

Is there any good news here?

To be fair, there are two upsides.

  • once your existing free night vouchers are converted into OneKeyCash, you will be able to spend them at Expedia (for flights – but you must pay for the ENTIRE flight in OneKeyCash) and vrbo (for rentals) – you are not restricted to hotel room redemptions
  • anyone with a few Hotels.com Rewards ‘stamps’ who thought they would never hit 10 nights to trigger a free night voucher will be able to release the value they have built up

Conclusion

I know many HfP readers are big fans of Hotels.com Rewards and put the bulk of their hotel bookings through it. I use it a lot myself – I am cashing in 3 x free night vouchers in the US next week, and made a booking on Monday for my mother-in-law which will earn me ‘stamps’. I doubt I will be bothering with the new programme once I have used up whatever OneKeyCash I end up with.

Hotels.com is taking a gamble, hoping that the bookings it loses from ‘heavy stayers’ like our readers will offset the savings in reward payments to occasional bookers. Let’s see if it works.

Full details of One Key are here but you need to use a VPN set to the US, otherwise it will automatically redirect to the UK site.


best hotel loyalty promotions

Hotel offers update – April 2025:

Want to earn more hotel points?  Click here to see our complete list of promotions from the major hotel chains or use the ‘Hotel Offers’ link in the menu bar at the top of the page.

Want to buy hotel points?

  • Hilton Honors is offering a 100% bonus when you buy points by 29th May 2025. The annual purchase limit is also increased to 240,000 points pre-bonus. Click here to buy.

Comments (134)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Mark says:

    May be there’s a reason for the devaluation. Commission on hotel bookings isn’t great and at 10% hotels.com we’re giving most of theirs up.

    It may be that we see a reduction in prices instead of a commission based cash back.

    At the end of the day, if hotels.com comes up 5% cheaper than every other brand you’ll still book with them.

    I recently trained to become an Independent Travel Agent. Puts me in control of who I book with, the commissions I receive and preferential rates with certain chains.

    Some chains hate us, we get nothing from them. Others embrace us.

    • Rob says:

      22%.

      • Barry cutters says:

        Based on that they do they Run a huge risk that a new company will start the 10% rebate program ?

        • Rob says:

          There is no-one else. Expedia Group and Priceline / booking.com control virtually all of the online hotel booking sector, at least for sites which claim to be comprehensive. Hotels.com has over 500k hotels on it – fancy negotiating that many deals to get your new site up and running?

    • Rob says:

      Hotels.com is more expensive than ‘member’ rates at the big chains, usually by 10% – but not an issue if not using your own cash and of course their price matches the not-logged-in rate if anyone checks.

      • Chabuddy Geezy says:

        Mark are you an independent travel agent through Inteletravel? If so I would be wary of them, it’s essentially a pyramid scheme where very few people make any money.

        • zapato1060 says:

          Always weary of these “become your own boss”. Was contacted by a travel agent independent firm that wanted £350 up front for “set up” costs where I could earn millions 🙂 You want me to pay you, so you can get me trained, to pay you. I think not.

      • Tom says:

        This is the thing. Without the Rewards, Hotels.com won’t be the cheapest option any more, so it loses its USP. Google Maps hotel search usually does the job for finding the cheapest rates.

    • JDB says:

      You can get this down to 15% if you are an owner with big buying power but 18% is generally the standard rate Booking.com gets, but can go as high as 25% which suits me as it leaves plenty of scope for the savvy guest to negotiate better direct deals for price and inclusions.

  • wicksey says:

    Any idea what happens to hotel bookings already made for 2024 using hotels.com which will by definition not have been taken when the change happens. Will they earn nights credits from the old scheme or 2% cash back ?

  • ayearinmx says:

    Been booking 80+ nights a year for work, then using the 8+ free nights for myself. Price isn’t a factor for work, so “cheaper” isn’t too big of a deal, but getting those free nights for myself was awesome… Guess I’ll be using booking.com through BA Shop for extra avios, but that really isn’t as good

  • Barry cutters says:

    For me that’s 133 nights redeemed so far – 26 nights in the bank and 86 stamps due for future stays. .

    The program has been insane for me – booking all my corporate travel plus colleagues and customers for a few years . It’s literally paid for all my holiday.

    Assuming I finish on about 30 nights valued £150-250 you think I’ll essentially end up with one big (approx £6k) voucher ?

  • WaynedP says:

    Comments overwhelmingly demonstrate those most disaffected are high volume members of hotels.com loyalty program.

    The program changes will benefit (and potentially attract) a different profile of user who rarely expects to spend anywhere close to ten nights a year in a hotel/B&B booked through hotels.com and for whom the free night held little attraction (I would have been in this demographic 25 years ago while building my wealth and squirrelling away spare disposable income into mortgage rather than hotel holidays).

    Hotels.com is essentially offering a lower program benefit (still better than zero) for immediate discount rather than higher discount for ten nights’ deferral.

    They could probably achieve both aims of attracting younger, lower usage patrons and retaining older, higher usage patrons by doubling or tripling the size of users’ 2% pot balances for deferring cashing it in for, say, 8 and 12 nights respectively.

    Perhaps they might achieve something along those lines via “nights booked per year status levels”, in which case one can surely recognise the astute business case for the proposed changes.

    • ken says:

      I really doubt 2% is attractive to anyone.

      There will be the inertia effect of people having the app on their phone and booking through that (and being sent push / email “special offers”).

      But a fiver for each £250 of booking ? – simply isn’t worth it.

      Independents hate the agregators and will frequently offer better (ie throw in breakfast) if you phone or email

    • blenz101 says:

      The readership demographics of this site skew the comments so of course more people here will be dissatisfied than average.

      That said, what insane business model would you have to be following to switch your loyalty programme to attract a profile of user to a hotel booking website who rarely expects to spend time in a hotel at the expense of higher use patrons.

      2% does not tip the dial for anybody in immediate discounts or future.

    • Chrisasaurus says:

      They already had it with Expedia being the low instantly redeemable rebate and hotels.com the higher rate after 10 stays…

  • Simon says:

    And obviously the child in me is already referring to One Key as beginning with a W, which describes the new scheme perfectly.

    • Andrew. says:

      With all the layers of worldwide marketing analysis and research groups, how come nobody noticed the “wonky” problem?

      Or, with some regional dialects, “one” is pronounced “wahn”.

      • Alex G says:

        “With all the layers of worldwide marketing analysis and research groups, how come nobody noticed the “wonky” problem?”

        Remember “Wang Cares”?

        And one of TVs funniest moments was Jane Fonda on the Graham Norton show promoting her new movie, “Our Soles at Night”. Boy, was she embarrassed.

    • Richie says:

      Also a restaurant in London’s China town.

    • FFoxSake says:

      Nobody thought Wan-key? I’m clearly even more childish then… 😉

  • Lee says:

    To be honest I’ve found Expedia group to be uncompetitive on prices for last few months much cheaper options out there hence I was stuck on 6 nights for last 6 months.

  • SteveW says:

    I’m a Hotels.com gold member with 2 nights in the bank. Problem I’ve found lately with trying to build an itinerary for South Africa is the paucity of choice compared with Bookings.com

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