As of August 3, 2026, the cheapest reward night we price here costs 23,000 IHG points or about $122 in cash for the same night. Its typical point value is 0.54¢ per point, roughly 8% below the IHG program median of 0.58¢. Among the 8 IHG hotels we track in Melbourne, it ranks 5th for point value. Four nearby IHG hotels give you more per point. Program-wide it ranks 5870th of 6,622 IHG hotels.
This hotel ranks 5th of 8 IHG hotels we track in Melbourne. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 20,000 | $111 | 0.55 |
| Sep 2026 | 23,000 | $122 | 0.53 |
| Nov 2026 | 26,000 | $139 | 0.53 |
| Dec 2026 | 24,000 | $150 | 0.62 |
Hotel Indigo Melbourne on Flinders is the 5th point value among the 8 Melbourne hotels we price daily. The strongest value there right now is Crowne Plaza Melbourne at 0.62¢ per point. Points required have ranged from 20,000 to 23,000 per night across the dates we price. Within Hotel Indigo it ranks 175th of 194 on point value. At 0.54¢ per point it beats 11% of the IHG hotels we track, a poor use of points.
From 23,000 IHG points as of August 3, 2026. Across the dates we price it has ranged from 20,000 to 23,000 points. Prices move daily.
A free reward night here starts at 20,000 points in August 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a poor use. At 0.54¢ per point it sits below the IHG median of 0.58¢ and beats 11% of hotels we track.
Crowne Plaza Melbourne at 0.62¢ per point is the best IHG point value we track in Melbourne right now.
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