As changes to hotel-program award prices go, the latest for InterContinental’s IHG Rewards are decidedly modest: Prices for award nights at 400 hotels will change by either 5,000 or 10,000 points, half moving up, half moving down. If it were just that 50-50 split, Rewards members might dismiss it as a wash and count their blessings. After all, “It could have been worse.”
However, this year’s price changes include another wrinkle that tips the overall pricing package into net-negative territory.
On February 17, when the new prices take effect, the IHG award chart will be expanded to include two new price points—higher price points, naturally, at 55,000 and 60,000 points.
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That new 60,000-point category will include 11 InterContinental properties and two Las Vegas casinos, all currently priced at what is now the most expensive price tier, 50,000 points.
Five other InterContinentals will be elevated into the new 55,000-point award category.
As always with upcoming award-price changes, program members should peruse the list of repriced properties, booking any award stays that will increase in price before February 17, and holding off until after the change to book stays that will become cheaper.
More from SmarterTravel: Book IHG Award Nights at Any of 171 Hotels for Just 5,000-Points Marriott Puts Some Mega Back in Its MegaBonus Promotion Stay at 2 Carlson Brands to Earn 5,000 Bonus Points
After 20 years working in the travel industry, and 15 years writing about it, Tim Winship knows a thing or two about travel. Follow him on Twitter @twinship.
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It’s a fact of loyalty-program life: Airline and hotel programs periodically adjust their award prices. Of course, those adjustments amount to price hikes more often than not. And, all things being equal, higher award prices amount to an overall devaluation of the program.
Hilton titled the news release announcing upcoming changes to its Honors loyalty program as follows: “Hilton Honors Delivers Even More to Its Members in 2018 with Industry-Leading Earn Rates and New Benefits.”
Marriott has just published its list of award-price changes for 2016. As Marriott Rewards members have come to expect from these annual pronouncements, the news amounts to yet another decrease in the value of their points.
Update from IHG, including effect date for new prices: “All reservations booked beginning Jan. 16, 2018, will use the new Reward Nights point prices. This is part of an annual review into the number of points needed for a Reward Night, and we’ll communicate to members through our regular channels, including email and our website.”
Hilton this week posted upcoming changes to HHonors award prices. While such announcements are almost never good news—and are sometimes positively gut-wrenching—this round of changes is so modest in scope that it’s practically a non-event.