Originally Posted by
Concerto
I really think they should give more notice of these devaluations. That would be fair play. One place where I will need a hotel is a HIX in Valencia, and there will be a 5k point increase there. But I have declined to book a points rate now because it costs only EUR65 a night, so not worth burning 40,000 points (at the moment) for 2 nights. Getting increasingly difficult to get any value out of IHG points.
The greatest redemption value I've ever seen was IC Park Lane on NYE. Cash rate for Classic room was £1380, but was available briefly for 70'000 points.