Over the past few years, IHG has utilized dynamic award pricing, resulting in fluctuations in award rates at their properties. This approach, initiated in 2020, aligns award rates with the varying paid rates. Recent reports from FlyerTalk users and LoyaltyLobby indicate that IHG has apparently increased some of its award pricing caps as of April 4.
Particularly affected by these changes are nonresort properties, which previously did not exceed 120,000 points per night. Now, they appear to have higher caps or potentially no cap at all. A notable instance is the InterContinental Paris — Champs-Elysees Etoile in France, where rates have surged to 149,000 points per night.
Additionally, a night at the InterContinental Osaka recently required 192,000 points, translating to a value of 0.43 cents per point when compared to a paid rate of $827.06. This scenario may not provide the best value for those redeeming IHG points, given the new pricing structure.