This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

This Sunday, IHG Rewards – the loyalty program of Intercontinental, Holiday Inn, Hotel Indigo, Crowne Plaza, etc. – is launching a 50% off award night sale at participating properties in Mexico, the Caribbean and Central America.


You must book between Sunday, April 20 – May 3, 2014 for stays May 1 – June 12, 2014. Here are the participating properties:

InterContinental® Presidente Ixtapa Resort, Mexico
InterContinental® Playa Bonita Resort & Spa, Panama
InterContinental® Presidente Cozumel Resort Spa, Mexico
Crowne Plaza® hotel Acapulco, Mexico
Holiday Inn Resort® Aruba
Holiday Inn Resort® Grand Cayman
Holiday Inn Resort® Acapulco, Mexico
Holiday Inn Resort® Los Cabos All Inclusive, Mexico
Holiday Inn Resort® Puerto Vallarta, Mexico
Holiday Inn® hotel Cancun Arenas, Mexico
Holiday Inn Express® hotel Playa del Carmen, Mexico

Award nights will start at just 7,500 points, while those at the Intercontinentals will be just 15,000-25,000 points per night, and there’s plenty of award availability throughout May and June like at the one in Ixtapa on Mexico’s west coast:

The Intercontinental Ixtapa will only be 25,000 points per night instead of 50,000 points.
The Intercontinental Ixtapa will only be 25,000 points per night instead of 50,000 points.

And the Intercontinental Presidente Cozumel, with room rates nearing $300 per night, will be going for just 15,000 points per night – a value of 2 cents per point, which is pretty high for IHG Rewards redemption values.

Screen Shot 2014-04-18 at 10.23.42 AMYou could really make a great deal out of this by booking some of those low airfares we reported on yesterday on American and US Airways from various US cities to the Caribbean for under $300, including Aruba and Grand Cayman where some of the IHG participating properties are, and getting a whole Caribbean spring vacation for a steal!

These awards are bound to go fast once the sale starts on Sunday, so I would make your plans now and check back first thing on Sunday morning to book your half-price award.

If you need to top up your IHG account, remember that it’s a 1:1 transfer partner of Chase Ultimate Rewards if you have the Chase Sapphire Preferred, Ink Bold or Ink Plus, so that’s a quick and easy way to boost your balance.

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.