Originally Posted by
SpammersAreScum
Pardon the naive question from an IHG newbie. As I understand it, the experts view IHG points as worth .64 cents to .7 cents depending on who you ask. In other words, burning 266k points should save me at least $1700, not $1000. And the points you get back from spending the $1000 are worth less than a tenth of the difference. Is the value gained by earning the nights high enough to make up the difference? Or is the valuation I quoted way off? Or is there something else I'm missing?
Thanks.
It's been quite awhile since the "experts" had IHG points anywhere near 0.7 cents.
0.5 cents is about the maximum. 0.4 cents is better. Of course there are situations where you really need a specific hotel and room rates are outrageous, but 75% of the "I got 1 cent per point" examples are quoting room rates that nobody would pay (and you'd just stay elsewhere or not travel on those days)