My dad received his January statement from PC stating rewards nights are changing from Jan 18, 2012.
The link takes me to the standard Rewards Page. Looks things have not yet been updated so no details there.
Hope there is not a devaluation.
.................................................. .................................. Reward Nights Are Changing.
Effective 18 January 2012, Priority ClubŪ will make changes to the number of points required for Reward Nights. Click here to read about the changes happening to Priority Club Rewards.
Learn more>
Programs: BMI DC gold, Flying Blue Gold (soon to be silver), Priority Club Platinum, Nectar purple
Posts: 765
Assuming that this is correct, then the only change they are likely to make is to devalue the points. I hope not, but wouldn't be surprised given the amount of points they gave away last year with the CTC promo.
Interesting.
I would venture it's some combination of the following:
a) an across-the-board devaluation
b) an addition of higher categories (e.g., 50K ICs)
c) the creation of point tiers, moving away from brand-based award costs
Crowne Plaza will be 25,000 or 35,000 points/nights vs just 25,000 until now.
Indigo - 25,000 or 35,000 vs 25,000 until now.
InterContinental - another 50,000 points level.
Holiday inn - another 20,000 points/night level.
So might this explain the removal of Flights/Hotels Anywhere? Certainly it would be an effective increase in their value if ordinary hotel redemptions are to be devalued.