As of August 3, 2026, the cheapest reward night we price here costs 19,000 IHG points or about $115 in cash for the same night. Its typical point value is 0.59¢ per point, roughly 1% above the IHG program median of 0.58¢. Among the 6 IHG hotels we track in Madison, it ranks 2nd for point value. One nearby IHG hotel, Hotel Indigo Madison Downtown, gives you more per point. Program-wide it ranks 2976th of 6,622 IHG hotels.
This hotel ranks 2nd of 6 IHG hotels we track in Madison. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Sep 2026 | 24,000 | $147 | 0.61 |
| Nov 2026 | 20,000 | $115 | 0.58 |
| Dec 2026 | 19,000 | $115 | 0.61 |
Holiday Inn Express & Suites Madison is the 2nd 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 19,000 to 21,000 per night across the dates we price. Within Holiday Inn Express it ranks 1146th of 3223 on point value. At 0.59¢ per point it beats 55% of the IHG hotels we track, a fair use of points.
From 19,000 IHG points as of August 3, 2026. Across the dates we price it has ranged from 19,000 to 21,000 points. Prices move daily.
A free reward night here starts at 19,000 points in December 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a fair use. At 0.59¢ per point it sits above the IHG median of 0.58¢ and beats 55% 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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