After being Plat many years, 2013 will be my last. I have two preferred chains to cover my travel all over the world and IHG will be replaced in 2014 if not sometime this year.
I just got my first round of promo points and it appears that it's indeed true that only base point will count towards elite status. I wouldn't mind if the perks is right, but as most know, PC Plat is meaningless. There is virtually no tangible perks at most hotels. For $6000 pre-tax dollars a year, I'd expect more perks than what's being offered.
This is the worst move IHG could have made