As of August 3, 2026, the cheapest reward night we price here costs 17,000 IHG points or about $106 in cash for the same night. Its typical point value is 0.56¢ per point, roughly 4% below the IHG program median of 0.58¢. Among the 6 IHG hotels we track in Madison, it ranks 5th for point value. Four nearby IHG hotels give you more per point. Program-wide it ranks 4823rd of 6,622 IHG hotels.
This hotel ranks 5th of 6 IHG hotels we track in Madison. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 26,000 | $138 | 0.53 |
| Sep 2026 | 33,000 | $184 | 0.56 |
| Nov 2026 | 17,000 | $91 | 0.54 |
| Dec 2026 | 17,000 | $106 | 0.63 |
Holiday Inn Express & Suites Madison Central is the 5th point value among the 6 Madison hotels we price daily. The strongest value there right now is Hotel Indigo Madison Downtown at 0.65¢ per point. Points required have ranged from 17,000 to 17,000 per night across the dates we price. Within Holiday Inn Express it ranks 2261st of 3223 on point value. At 0.56¢ per point it beats 27% of the IHG hotels we track, a fair use of points.
From 17,000 IHG points as of August 3, 2026. Prices move daily.
A free reward night here starts at 17,000 points in November 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a fair use. At 0.56¢ per point it sits below the IHG median of 0.58¢ and beats 27% of hotels we track.
Hotel Indigo Madison Downtown at 0.65¢ per point is the best IHG point value we track in Madison right now.
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