As of September 19, 2026, the cheapest reward night we price here costs 16,000 IHG points for a January 2027 check-in. Booking that same night with cash would cost about $104. On a typical night here, a point is worth 0.61¢, roughly 8% above the IHG program median of 0.57¢. Among the 9 IHG hotels we track in Chicago, it ranks 8th for point value. Seven nearby IHG hotels give you more per point. Program-wide it ranks 1161st of 6,672 IHG hotels.
This hotel ranks 8th of 9 IHG hotels we track in Chicago. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 30,000 | $199 | 0.66 |
| Sep 2026 | 38,000 | $312 | 0.82 |
| Oct 2026 | 59,000 | $420 | 0.69 |
| Nov 2026 | 16,000 | $115 | 0.72 |
| Dec 2026 | 15,000 | $107 | 0.63 |
| Jan 2027 | 16,000 | $104 | 0.57 |
Holiday Inn & Suites Chicago-Downtown is the 8th point value among the 9 Chicago hotels we price daily. The strongest value there right now is Kimpton Gray Hotel at 0.74¢ per point. The cheapest night on sale here has ranged from 15,000 to 17,000 points, depending on the day you check. Within Holiday Inn it ranks 164th of 1107 on point value. At 0.61¢ per point it beats 82% of the IHG hotels we track, a good use of points.
From 16,000 IHG points as of September 19, 2026. The cheapest night on sale has ranged from 15,000 to 17,000 points, depending on the day. Prices move daily.
A free reward night here starts at 15,000 points in December 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a good use. At 0.61¢ per point it sits above the IHG median of 0.57¢ and beats 82% of hotels we track.
Kimpton Gray Hotel at 0.74¢ per point is the best IHG point value we track in Chicago right now.
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