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Thinking about a visit to Las Vegas between December 1, 2015 and March 31, 2016 and have some IHG points to burn? The chain’s flash sale for The Venetian and Palazzo makes award nights a much more attractive option. Through noon ET tomorrow (November 24), you can book suites at both properties for 25,000 points — that’s 50% off the regular rate of 50,000 IHG points per night.

The Venetian and Palazzo for 25,000 points per night.
The Venetian and Palazzo for 25,000 points per night.

As part of the promotion, you can book suites at either hotel for 25,000 points per night. TPG values IHG points at 0.7 cents apiece, so you’re using $175 worth of points for each night you book.

The Venetian and Palazzo for $199 per night.
The Venetian and Palazzo from $199 per night.

Weekend rates in December start at $199 for the same suites, so you do end up a bit ahead by redeeming points instead of paying cash (not factoring in the points you’ll earn from a paid stay) — especially if you’re buying IHG points for just 0.575 cents each. Still, the difference isn’t enormous by any means, so unless the paid rates are exceptionally high on your dates, you might not want to bother with this deal. Also note that both paid and award rates don’t include the mandatory resort fee of $30 per night.

If you do want to take advantage, be sure to book before noon ET tomorrow (note that awards may be canceled for free until a few days before arrival). Additionally, a bunch of blackout dates apply, so check out those exclusions before firming up your plans.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
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