As of October 31, 2026, the cheapest reward night we price here costs 36,000 IHG points for a February 2027 check-in. Booking that same night with cash would cost about $256. On a typical night here, a point is worth 0.59¢, roughly 6% above the IHG program median of 0.55¢. Among the 42 IHG hotels we track in London, it ranks 23rd for point value. 22 nearby IHG hotels give you more per point. Program-wide it ranks 1393rd of 6,695 IHG hotels.
This hotel ranks 23rd of 42 IHG hotels we track in London. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 37,000 | $262 | 0.71 |
| Sep 2026 | 113,000 | $461 | 0.41 |
| Nov 2026 | 58,000 | $346 | 0.60 |
| Dec 2026 | 43,000 | $282 | 0.66 |
| Jan 2027 | 40,000 | $232 | 0.58 |
| Feb 2027 | 36,000 | $256 | 0.71 |
Hotel Indigo London - 1 Leicester Square is the 23rd point value among the 42 London hotels we price daily. The strongest value there right now is Holiday Inn Express London - Swiss Cottage at 0.76¢ per point. The cheapest night on sale here has ranged from 36,000 to 113,000 points, depending on the day you check. Within Hotel Indigo it ranks 78th of 200 on point value. At 0.59¢ per point it beats 79% of the IHG hotels we track, a good use of points.
From 36,000 IHG points as of October 31, 2026. The cheapest night on sale has ranged from 36,000 to 113,000 points, depending on the day. Prices move daily.
A free reward night here starts at 36,000 points in February 2027, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a good use. At 0.59¢ per point it sits above the IHG median of 0.55¢ and beats 79% of hotels we track.
Holiday Inn Express London - Swiss Cottage at 0.76¢ per point is the best IHG point value we track in London right now.
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