IHG® (InterContinental Hotels Group) began extending dynamically priced Reward Nights to more hotels around the world this week, building on a successful launch in the Greater China region last month.
With this program update, the amount of points required for members to redeem a Reward Night will now flex up and down, just like cash rates for room bookings.
At initial launch in Greater China, the introduction of dynamic Reward Nights allowed members to experience the benefit of a variable pricing model in the current travel environment:
- Points remained flat to 2019 point amounts or were lowered for the next 50 weeks of stay dates.
- More than 65 percent of hotels in Greater China rolled out with a reduction of point amounts due to Dynamic Reward Nights, with some hotels were lowered up to 30,000 points from their previous point amounts.
Announced last year, we are taking a measured approach to introducing Reward Night price flexibility so that when our members are ready to travel again, they’ll be able to enjoy the benefits.
This new way for members to make the most of their points complements the existing IHG Rewards Club benefits our members enjoy at more than 5,900 IHG Hotels & Resorts around the world, including exclusive member rates, no blackout dates for Reward Nights, and free Wi-Fi—making every stay as rewarding as possible.
Given the current circumstances, we have also made a number of amendments to our loyalty program, including adjusting our Elite criteria for 2020 to reduce the requirements and extending status through January 2022. Points never expire for members with Elite status, and for our Club members we have extended points expiration dates, so members can more easily maintain their well-earned points for future travel.
We continue to monitor the evolving situation and keep our cancellation policy and amendments to our loyalty program under constant review. To see the latest details please always refer to the website here.
About IHG® Rewards Club
About IHG® Rewards Club: With more than 100 million enrolled members globally, IHG® Rewards Club is the first and largest guest loyalty program in the hotel industry. Named Best Hotel Rewards Program in the World for the 14th consecutive year as voted by the readers of Global Traveler magazine, IHG® Rewards Club offers sought-after benefits and is easy to use. Members qualify for Your Rate by IHG® Rewards Club, an exclusive rate offered when they book direct. In addition to flexible features like No Blackout Dates for Reward Nights, Points & Cash and free Internet with IHG® Connect, IHG® Rewards Club members have hundreds of options for redeeming points including: Reward Nights, Flights Anywhere™, Cars Anywhere, digital downloads, brand name items and retail gift cards. Enrollment in IHG® Rewards Club is free. Guests can sign up by visiting www.ihg.com/rewardsclub, calling 1-888-211-9874, downloading the IHG® App or by inquiring at the front desk of any IHG hotel worldwide.
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN Hotels®, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Holiday Inn Club Vacations®, avid™ hotels, Staybridge Suites®, Atwell Suites™ and Candlewood Suites®.
IHG franchises, leases, manages or owns approximately 5,900 hotels and nearly 882,000 guest rooms in more than 100 countries, with over 2,000 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 400,000 people work across IHG's hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: https://www.ihgplc.com/en/news-and-media and follow us on social media at: www.twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group