As of August 3, 2026, the cheapest reward night we price here costs 25,000 IHG points or about $168 in cash for the same night. Its typical point value is 0.65¢ per point, roughly 12% above the IHG program median of 0.58¢. Among the 6 IHG hotels we track in Madison, it ranks 1st for point value. Program-wide it ranks 848th of 6,622 IHG hotels.
This hotel ranks 1st of 6 IHG hotels we track in Madison. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Sep 2026 | 32,000 | $213 | 0.66 |
| Nov 2026 | 28,000 | $192 | 0.69 |
| Dec 2026 | 25,000 | $168 | 0.67 |
Hotel Indigo Madison Downtown is the 1st point value among the 6 Madison hotels we price daily. Points required have ranged from 25,000 to 29,000 per night across the dates we price. Within Hotel Indigo it ranks 56th of 194 on point value. At 0.65¢ per point it beats 87% of the IHG hotels we track, a good use of points.
From 25,000 IHG points as of August 3, 2026. Across the dates we price it has ranged from 25,000 to 29,000 points. Prices move daily.
A free reward night here starts at 25,000 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 0.65¢ per point it sits above the IHG median of 0.58¢ and beats 87% of hotels we track.
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