As of August 3, 2026, the cheapest reward night we price here costs 16,000 IHG points or about $107 in cash for the same night. Its typical point value is 0.67¢ per point, roughly 14% above the IHG program median of 0.58¢. Among the 9 IHG hotels we track in Chicago, it ranks 6th for point value. Five nearby IHG hotels give you more per point. Program-wide it ranks 599th of 6,622 IHG hotels.
This hotel ranks 6th 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 | $301 | 0.79 |
| Nov 2026 | 16,000 | $115 | 0.72 |
| Dec 2026 | 16,000 | $107 | 0.67 |
Holiday Inn & Suites Chicago-Downtown is the 6th point value among the 9 Chicago hotels we price daily. The strongest value there right now is Kimpton Gray Hotel at 0.80¢ per point. Points required have ranged from 16,000 to 17,000 per night across the dates we price. Within Holiday Inn it ranks 82nd of 1102 on point value. At 0.67¢ per point it beats 91% of the IHG hotels we track, a great use of points.
From 16,000 IHG points as of August 3, 2026. Across the dates we price it has ranged from 16,000 to 17,000 points. Prices move daily.
A free reward night here starts at 16,000 points in November 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a great use. At 0.67¢ per point it sits above the IHG median of 0.58¢ and beats 91% of hotels we track.
Kimpton Gray Hotel at 0.80¢ per point is the best IHG point value we track in Chicago right now.
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