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Just a couple of weeks after increasing the redemption rates on 548 properties, IHG has launched a new promotion offering award nights in New York City with up to a 25% discount.

In order to get this discount, you must book and stay by April 30, 2019. And this discount is limited to the following participating NYC properties:

  • Hotel Indigo Brooklyn: 40,000 ⇒ 30,000 points per night (25% discount)
  • EVEN Brooklyn: 40,000 ⇒ 30,000 points per night (25% discount)
  • EVEN Midtown East: 45,000 ⇒ 35,000 points per night (22% discount)
  • EVEN Times Square South: 50,000 ⇒ 40,000 points per night (20% discount)
  • Hotel Indigo Lower East Side: 55,000 ⇒ 45,000 points per night (18% discount)

At current TPG valuations, IHG Rewards points are worth 0.5 cents each. That means you can score the Hotel Indigo Brooklyn or EVEN Brooklyn for around $150 per night in points. While that’s not bad for NYC during peak travel seasons, you should check cash prices to make sure you’re getting good value from your IHG points.

If you are getting a good deal and need to stock up on points, IHG is currently running a 75% bonus points promotion — allowing members to purchase points at just 0.57 cents each.

Another important aspect to keep in mind when booking with cash or points is that IHG is continually tacking on insidious “destination fees” and “facility fees” on more and more of its properties. These aren’t disclosed until the final booking page, so be aware when booking. For example, the Hotel Indigo Lower East Side tacks on a $25 plus taxes “destination fee” on all bookings.

Also, it’s worth noting that the Hotel Indigo Lower East Side was available for 50,000 points per night before the category changes that went into effect on Jan. 25 bumped it to 55,000 points. So, the discount to 45,000 points — around $225 per TPG valuations — isn’t as great of a discount as it originally appears.

If one of those properties doesn’t work for you, there’s a very long list of NYC hotels that are eligible for the “Stay Longer & Save” discount of up to 20%. You must book three days in advance and stay at least three days to be eligible for this rate.

Featured image courtesy of Hotel Indigo Brooklyn.

IHG® Rewards Club Premier Credit Card

Earn 80,000 points, worth up to $480 with the IHG Rewards Premier Card. With this card you'll get IHG Rewards Platinum Elite status which more than negates the value of the $89 annual fee. You'll also earn 10 points per dollar at IHG hotels, 2 points per dollar on gas stations, grocery stores and restaurants and 1 point per dollar on everything else.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after spending $2,000 on purchases within the first three months of account opening
  • Enjoy a Free Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a free reward night when you redeem points for any stay of 4 or more nights
  • Earn 10 points per $1 spent when you stay at an IHG hotel
  • Earn 2 points per $1 spent on purchases at gas stations, grocery stores, and restaurants. Earn 1 point per $1 spent on all other purchases
  • Platinum Elite status as long as you remain a Premier card member
  • Global Entry or TSA Pre✓® Fee Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
  • IHG Rewards Club Bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$89
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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