2020 Annual Devaluation Speculation
Feb 5, 2020, 10:49 am
#1
Original Poster
Join Date: Jan 2014
Location: SFO
Programs: OZ Diamond/*G, IHG Diamond Amb, Hilton Gold
Posts: 2,239
2020 Annual Devaluation Speculation
Has the 2020 devaluation happened yet? Haven't seen any announcement but at the rate they've been going I wouldn't be surprised to see point requirements double at most properties overnight with no announcement. Everything I've been eyeing hasn't changed so far though.
Feb 6, 2020, 3:26 am
#2
Suspended
Join Date: Jul 2007
Posts: 4,477
It has not happened yet. And with what is going on in China, it won't happen at the beginning of this year.
Marriott just announced its devaluation. But I think more to come later this year as currently the forecast for economic growth is not very rosy.
I expect IHG to put devaluation on hold until Q3 to Q4.
Marriott just announced its devaluation. But I think more to come later this year as currently the forecast for economic growth is not very rosy.
I expect IHG to put devaluation on hold until Q3 to Q4.
Feb 8, 2020, 9:14 am
#5
In memoriam
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Whatever recategorisation is planned will take place, Coronavirus or not. If it turns into a worldwide epidemic expect other targeted reactions...
Feb 9, 2020, 4:32 am
#6
FlyerTalk Evangelist
Join Date: Aug 2011
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Posts: 13,041
Coronavirus is irrelevant for continued devaluation of award pricing. IHG is certainly not going to wait much longer before announcing their list.
If the world economy / travel is substantially impacted, there will simply be better promotions later in the year to attract paid business. People not spending points on holidays is not going to be an issue at all for IHG.
If the world economy / travel is substantially impacted, there will simply be better promotions later in the year to attract paid business. People not spending points on holidays is not going to be an issue at all for IHG.