As of September 19, 2026, the cheapest reward night we price here costs 27,000 IHG points for a January 2027 check-in. Booking that same night with cash would cost about $149. On a typical night here, a point is worth 0.62¢, roughly 9% above the IHG program median of 0.57¢. Among the 4 IHG hotels we track in Panama City, it ranks 2nd for point value. One nearby IHG hotel, Holiday Inn Panama City, gives you more per point. Program-wide it ranks 907th of 6,672 IHG hotels.
This hotel ranks 2nd of 4 IHG hotels we track in Panama City. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 19,000 | $134 | 0.71 |
| Sep 2026 | 18,000 | $121 | 0.67 |
| Nov 2026 | 25,000 | $149 | 0.59 |
| Dec 2026 | 24,000 | $149 | 0.62 |
| Jan 2027 | 27,000 | $149 | 0.55 |
Candlewood Suites Panama City - Tyndall AFB is the 2nd point value among the 4 Panama City hotels we price daily. The strongest value there right now is Holiday Inn Panama City at 0.71¢ per point. The cheapest night on sale here has ranged from 18,000 to 27,000 points, depending on the day you check. Within Candlewood Suites it ranks 110th of 441 on point value. At 0.62¢ per point it beats 86% of the IHG hotels we track, a good use of points.
From 27,000 IHG points as of September 19, 2026. The cheapest night on sale has ranged from 18,000 to 27,000 points, depending on the day. Prices move daily.
A free reward night here starts at 18,000 points in September 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a good use. At 0.62¢ per point it sits above the IHG median of 0.57¢ and beats 86% of hotels we track.
Holiday Inn Panama City at 0.71¢ per point is the best IHG point value we track in Panama City right now.
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