Originally Posted by
demue
This wouldn't even do anything for the properties (again, premium rooms aside) unless their reimbursement rises, it would be purely a move by IHG to reduce liability of points held by members on their books.
Originally Posted by
demue
If that ratio of ~0.5 cents was to hold on average, it would more indicate IHG trying to eliminate arbitrage opportunities for higher value per point by letting the max points amount "float" up.
Which is completely in line with IHG’s previously announced intentions to turn its loyalty scheme into more of a profit center, so this is unfortunately expected