IHG announced back in 2019 that they would test variable (dynamic) award pricing in some markets (read more here), and this was implemented in Greater China earlier this year (read more here).
Now, IHG Rewards Club has expanded this outside of Greater China, including Vietnam and some US states.
You can access the IHG Rewards Club here.
READ MORE: IHG Rewards Club Rate & Bonus Points Promotions
Here are the current award prices for Vietnam:
And here for Miami:
IHG rolled out dynamic awards to Greater China earlier this year:
IHG Rewards Club Rolling Out Variable Award Pricing For Greater China
Here’s the IHG Master Property list as of this month:
IHG Rewards Club Master Property List (May 2020)
IHG Buy Points
IHG Rewards Club members can buy points with a 100% bonus and an increased limit through June 15, 2020.
IHG Rewards Club Buy Points 100% Bonus With Doubled Limit Through June 15, 2020
Conclusion
You should check your award reservations and cancel/rebook if that yields a better point pricing for you.
Variable/dynamic award pricing could be reasonable if IHG Rewards Club keeps category maximums in place like what Hilton Honors has done. Otherwise, the prices using points will skyrocket once the business gets back to its foot.
Where have you seen variable pricing, and how do they compare points prices that you were offered previously?
