InterContinental Hotels: Priority Club & Inter-Continental Ambassador - Platinum Ambassador

Is there any truth in the theory that once you achieve Platinum Ambassador status, as long as you renew Ambassador annually, Platinum status is maintained regardless of points earned throughout the year.

Is there any truth in the theory that once you achieve Platinum Ambassador status, as long as you renew Ambassador annually, Platinum status is maintained regardless of points earned throughout the year.

There's no truth to that - you would drop back to being a Gold Ambassador if you failed to get 60,000 points or 50 nights.