Originally Posted by
palermo
While I agree that there has been devaluations across the board at around the time this thread was created, hotels rates (including award bookings) in Athens are very very volatile and Athens as a market it is heavily dependent on cruise departure dates or events even outside the very peak of summer. A large or two cruises or an event/large corporate booking can change hotels rate dramatically. The change that you are seeing surely has to be more with a big booking (s) filling in the hotel or market occupancy significantly rather than being related to an IHG wide. devaluation
There has been no system wide devaluation of points. If you mean there have been some devaluations in various regions, that could be an accurate statement.
As I and others have shown, plenty of places have stayed the same or dropped. For example, rooms in Hawaii have stayed at 40K points or less. Rooms in Kalamazoo, MI, where I stay a lot still have plenty of availability in the low 20K range. You can do NYE in Chicago for at the IC for 42K points.
Just saying something doesn’t make it real.