The market has spoken. I spoke before the market when I wrote last week that IHG Rewards Club points generally do not sell out quickly in the annual Daily Getaways sales at the purchase price of $6.00 per 1,000 points.
Apparently, out of 50 million or 80 million members there are not 7,500 buyers typing in credit card numbers to buy 100,000 points. Or even 15,000 points. IHG membership number grows like the old McDonald’s sign used to update – in millions, before reaching billions.
Doesn’t everyone want to have 15,000 points for at least three PointBreaks reward nights?
Honestly, I can’t recall my last PointBreaks 5,000 points hotel reward night. In 2013, I scored three consecutive PointBreaks nights driving from Monterey, California to Denver, Colorado. Have I redeemed any IHG points for PointBreaks since 2013?
Daily Getaways IHG Rewards Club points still widely available
In the past few minutes, two hours after the Daily Getaways sale launched for today’s offer of discount IHG Rewards Club points, I was able to set up a purchase for the maximum amount of points an IHG Rewards Club member can buy today in the U.S. Travel Association Daily Getaways offers.
I did not buy points. I have a six-figure IHG Rewards Club points balance already.
But, you can still buy hotel points at a discount price.
Daily Getaways – IHG Rewards Club 15,000 points for $90
- Purchase limit: Maximum 5 sets of points per member ($450).
Daily Getaways – IHG Rewards Club 25,000 points for $150
- Purchase limit: Maximum 4 sets of points per member ($600).
Daily Getaways – IHG Rewards Club 50,000 points for $293
- Purchase limit: Maximum 4 sets of points per member ($879).
Daily Getaways – IHG Rewards Club 100,000 points for $565
- Purchase limit: Maximum 3 sets of points per member ($1,695).
An IHG Rewards Club member can buy up to 675,000 points with these Daily Getaways offers for $3,624. That is 135 nights in PointBreaks hotels or as few as 13 nights in InterContinental Hotels. A 5,000 points PointBreaks reward night will cost only $30 per night at this price. That is a bargain. Spending $293 for 50,000 points and one free InterContinental San Francisco hotel night is not such a great bargain.
With more than 4,800 hotels around the world, InterContinental Hotels Group (IHG) gives you a world of choice whatever the reason for your trip. Our family of nine trusted brands offers hotels in nearly 100 countries. From an award-winning InterContinental® Resort to a city-center Holiday Inn® hotel, IHG has the right choice for all your travel needs. IHG brands include InterContinental® Hotels & Resorts, HUALUXE® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN® Hotels, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, and Candlewood Suites®.
Truth is, at least for me, I am more likely to want to spend IHG points on a hotel at 25,000 to 50,000 points per night. InterContinental San Francisco at 50,000 points is still a $300 hotel room when paid with points from this sale. My hotel stay strategy is keep my IHG points and wait for a deep discount rate at the hotel.
Personally, Kelley and I earned four free nights for any IHG hotel in the world on about $600 in spend last November and December with IHG Into the Nights promotion. That is a value equivalent to 200,000 points or about $1,200 based on the price of these Daily Getaways points.
I find better value staying in IHG hotels on paid stays and earning points through the lucrative IHG Rewards Club promotions rather than buying points.
Bottom line is I think this is a decent deal to buy IHG points if you redeem for good value reward nights. For certain, I would get more value from IHG hotel reward stays using points than the cost of IHG points. But, I don’t need IHG points at present with four free nights anywhere still to burn in 2015.
Apparently not too many of the other millions upon millions of IHG Rewards Club members in the USA are buyers of IHG Rewards Club points at these prices. 7,350 buyers would have bought these points out.
The market has spoken.