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Thread: IHG signs deal with Mr. & Mr. Smith similar to Hyatt and SLHnd
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Old Sep 30, 2020, 3:42 am
  #38  
FlyingMoonwards
 
Join Date: Oct 2017
Posts: 86
Originally Posted by Raffles
IHG will be paying full rates to the hotels on Smith redemptions (this is fact, not a guess). Given IHG’s current financial state do you seriously expect them to turn on the taps when they can otherwise keep paying hotels $25-$75?
It seems unlikely to me that redemptions are the sticking point because IHG haven't even loaded the ability to book these hotels for cash via their website. I'd have thought that would be a revenue-raiser.
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