As of September 19, 2026, the cheapest reward night we price here costs 25,000 IHG points for a January 2027 check-in. Booking that same night with cash would cost about $165. On a typical night here, a point is worth 0.62¢, roughly 9% above the IHG program median of 0.57¢. Among the 6 IHG hotels we track in Madison, it ranks 1st for point value. Program-wide it ranks 985th of 6,672 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 |
| Oct 2026 | 27,000 | $184 | 0.68 |
| Nov 2026 | 28,000 | $192 | 0.69 |
| Dec 2026 | 25,000 | $172 | 0.69 |
| Jan 2027 | 25,000 | $165 | 0.66 |
Hotel Indigo Madison Downtown is the 1st point value among the 6 Madison hotels we price daily. The cheapest night on sale here has ranged from 25,000 to 29,000 points, depending on the day you check. Within Hotel Indigo it ranks 56th of 198 on point value. At 0.62¢ per point it beats 85% of the IHG hotels we track, a good use of points.
From 25,000 IHG points as of September 19, 2026. The cheapest night on sale has ranged from 25,000 to 29,000 points, depending on the day. 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 0.62¢ per point it sits above the IHG median of 0.57¢ and beats 85% of hotels we track.
We check this hotel’s points price every day. Leave your email and we will message you the moment it sets a new low.