Extending Diamond status by purchasing Ambassador?
I got IHG Spire status by signing up for an IHG credit card; having put in 15 odd nights so far in 2017, obviously I have no illusions of my status being renewed.
However, my seatmate on a flight this weekend suggested that if I bought Ambassador status, my Spire status would remain for all of 2017, the paucity of stays notwithstanding. Is this correct or is it some kind of myth?
And if correct, does it matter whether I acquire Ambassador by paying $200 or 34,000 IHG points?