Iberia is one of the better airline partners of the Le Club Accorhotels. The ability to choose Iberia Avios as your partner was recently put on hold, but is back up again.
With most of the other airline programs (there are exceptions), you will earn ONE airline mile per TWO Le Club Accorhotels points. With Iberia this exchange rate is different, however. Every TWO Le Club Accorhotels points converts to FIVE Iberia Avios.
What doesn’t make too much sense is the fact that you can collect Avios via British Airways as well. Your 2 Le Club Accorhotels points would convert to only 1 Avios points instead of 5 with Iberia. You can transfer Avios freely between British Airways Executive Club and Iberia Plus.
If you have Le Club Accorhotels Platinum status, you would earn 4 Le Club points per Euro charged (most Accor hotels) that would turn to 10 Iberia Avios points. That is not bad at all.
Converting to Le Club Accorhotels points to Iberia Avios is one of the bright spots of the program. You can also start directly at the Le Club Accorhotels Platinum level by following my instructions here.