IHG Rewards Club seems to be experimenting with its Points + Cash awards by pricing the cash portion based partially on the paid price for the night in question.
They are doing this while at the same time offering discounts for Platinum & Spire Elite members for the cash portion for stays until April 30, 2016, that are booked by March 26.
You can access IHG’s page for Points + Cash here.
When I was checking Points + Cash pricing for Anaheim California, I came across quite interesting case with the Hotel Indigo Anaheim (used to be Holiday Inn Express back in the day:
March 12, 2016
Marc 6, 2016
March 29, 2016
April 5, 2016
April 18, 2016
Price versus Points + Cash
Paid night $349 or 30,000 points or 20,000 points + 68.00
Paid Night $119 or 30,000 points or 20,000 points + $51.00
Paid night $167 or 30,000 points or 20,000 points + $59.50
Paid night $235 or 30,000 points or 20,000 points + $63.75
Paid night $171 or 30,000 points or 20,000 points + $55.25
IHG Rewards Club seems to be willing to sell points for as low as .51 cents each when the paid night price is low.
The problem with destinations such as Anaheim is that the prices and occupancy rates fluctuate a lot. Weekends and prices during the high season are obviously high while weekday prices and prices during slower times of the years are low.
It makes sense to use points when the prices are sky high and not in other times.
IHG Rewards Club appears to be experimenting dynamic pricing when it comes to the Points + Cash award cash portions by adjusting it based on the price of the paid night.
Let’s hope that this is not leading IHG Rewards Club to consider pricing points nights dynamically.