Tag Archives for sale.
For the night of Saturday, August 5, 2023 – generally the last night bookable at the end of IHG’s calendar right now – most hotels in most cities that have loaded reward night inventory are pricing at just 16,000 points per night.
IHG One Rewards is pricing many hotels at about half their usual award rate. This isn’t true everywhere or for all dates, but does appear to be worldwide.
You’ll find some Kimptons at 45,000 points; Intercontinentals between 35,000 and 45,000 points; Crowne Plazas from 25,000 points and Holiday Inns from 20,000 points. Again, not everywhere, but there are reports of Maldives and Bora Bora properties showing up at just 35,000 points.
Points.com says people are still buying on average 100 million frequent flyer miles a day.
And at an average of, say, 1.5 cents per point (hotel points generally go for less than airline miles) that’s just $1.5 million per day across all of those programs. What they haven’t told us is how the 100 million points total compares to what people were buying before. I’m guessing the mileage sales business is down by half.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
