Originally Posted by
modi
I personally have a city where I really need to go to on a regular basis, one of the IHG properties in town has rooms for 15,000 points (their standard points, no cash, no tax)
And it happens that this this hotel has nightly rates above $100 before taxes, so I decided on my own that for me 15,000 IHG points is worth more than $120.
So everything below that rate, I pay cash. (under normal circumstances.... During covid slowdown, the points were even more valuable, but no one wishes a pandemic for point value)
I know there are some hotels out there that are even more efficient (10,000 points/night), but they are not on my routes
15000 IHG points is worth less than 120USD for sure, only around 80~90USD I'd say. Some might even value it at 75USD. If you can redeem 15000 points for a hotel above 100USD before taxes, that is definitely a good choice.
IHG frequently runs promo that gives 75% or 100% extra points when you buy points, so you can effectively buy 17500~20000 points for around 100USD when the promo runs.