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Update: Some offers mentioned below are no longer available. View the current offers here – IHG Rewards Club Select Credit Card
Starting at 10:00am ET today, IHG Rewards – the loyalty program of Intercontinental, Crowne Plaza, Hotel Indigo, Holiday Inn and more – is holding another limited-time flash sale on award reservations where you can score a discount of up to 75% (discounts are 25-75%) on standard rates at participating properties. This is a nice counterpoint to the chain’s PointBreaks discounted awards of 5,000 points per night at random properties all over the world.
The flash sale will run for 48 hours from 10am ET today until 10am ET on Wednesday – but these awards tend to go fast, so I would book as quickly as possible to ensure you can get a reservation. The discounted points rates are applicable for stays between November 20 – December 20, 2013.
You can find the full list of properties here, but some of the interesting ones include:
Hotel Indigo New York City-Chelsea (25% Off) for 33,750 points
InterContinental Bali Resort (25% Off) for 26,250 points
InterContinental Grand Stanford Hong Kong (25% off) for 37,500 points
InterContinental Sanya Resort (25% Off)f for 26,250 points
InterContinental Adelaide (25% Off) for 30,000 points
Holiday Inn Bilbao (66% Off) for 5,000 points
Crowne Plaza Verona-Fiera (75% Off) for 6,250 points
Holiday Inn Express Edinburgh City Centre (25% Off) for 26,250 points
Hotel Indigo San Jose Forum Costa Rica (75% Off) for 5,000 points
Crowne Plaza Resort Mazatlan (75% Off) for 5,000 points
And several more. While the properties are a bit random – and many are in China – if you find a hotel or destination you’re interested in on the list, you might as well get a decent discount out of it.
If you need IHG Rewards Club points quickly, they transfer 1:1 from Chase Ultimate Rewards (note: transfers usually take 1-2 business days) if you have the Chase Sapphire Preferred, Ink Bold or Ink Plus cards. The IHG Rewards Club Select Credit Card is also currently offering a sign-up bonus of 60,000 points when you spend $1,000 in the first 3 months. That would be enough for 12 PointBreaks nights.
Or simply buy them via Priority Club directly for .7 cents a point using the cash & points method described in this post (#7), making 5,000 points worth just $35.