As of November 3, 2026, the cheapest reward night we price here costs 21,000 IHG points for a December 2026 check-in. Booking that same night with cash would cost about $130. On a typical night here, a point is worth 0.54¢, roughly 2% below the IHG program median of 0.55¢. Among the 14 IHG hotels we track in Madrid, it ranks 9th for point value. Eight nearby IHG hotels give you more per point. Program-wide it ranks 4346th of 6,695 IHG hotels.
This hotel ranks 9th of 14 IHG hotels we track in Madrid. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 20,000 | $97 | 0.48 |
| Oct 2026 | 50,000 | $298 | 0.60 |
| Nov 2026 | 30,000 | $182 | 0.61 |
| Dec 2026 | 20,000 | $129 | 0.65 |
| Jan 2027 | 19,000 | $98 | 0.51 |
| Feb 2027 | 25,000 | $148 | 0.59 |
| Mar 2027 | 27,000 | $154 | 0.57 |
Hotel Indigo Madrid - Princesa is the 9th point value among the 14 Madrid hotels we price daily. The strongest value there right now is Holiday Inn Express Madrid - Alcobendas at 0.61¢ per point. The cheapest night on sale here has ranged from 19,000 to 69,000 points, depending on the day you check. Within Hotel Indigo it ranks 163rd of 200 on point value. At 0.54¢ per point it beats 35% of the IHG hotels we track, a fair use of points.
From 21,000 IHG points as of November 3, 2026. The cheapest night on sale has ranged from 19,000 to 69,000 points, depending on the day. Prices move daily.
A free reward night here starts at 19,000 points in January 2027, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a fair use. At 0.54¢ per point it sits below the IHG median of 0.55¢ and beats 35% of hotels we track.
Holiday Inn Express Madrid - Alcobendas at 0.61¢ per point is the best IHG point value we track in Madrid right now.
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