IHG Rewards Club has been offering discounted hotel night redemptions for just 5000 points per night for more than a decade.
At the beginning there were some high value hotels included in the discount properties list. Over time there have been fewer and fewer premium hotels. The ‘good ones’ are almost always swept up and disappear from the list within a couple of days. These deals have been so good that in China people were automating PointBreaks bookings and reselling them.
IHG is revamping the PointBreaks program, and there’s likely some upside and some downside here.
- Instead of charging 5000 points per night, there will be three price points: 5000, 10,000, and 15,000.
- They’ll allow cash and points bookings of PointBreaks redemptions.
Intercontinental Nha Trang
The price on many discount redemption properties will go up, but IHG says this allows them to offer more hotels at a discount. The new list will be double the size of the last one.
My guess is that right now IHG will ensure that on net this is a positive for members. More discounted hotels is a good thing. However the question is what happens once this isn’t the new shiny thing. If PointBreaks doesn’t get the program’s priority the number of participating hotels may fall and we’ll be left with few participating hotels and more expensive redemptions. The program just increased the price of standard hotel nights after all.
The next round of PointBreaks will be valid for bookings January 29 through April 30 as a preview of participating hotels can be found on the IHG blog today.