As of September 19, 2026, the cheapest reward night we price here costs 23,000 IHG points for a January 2027 check-in. Booking that same night with cash would cost about $143. On a typical night here, a point is worth 0.59¢, roughly 3% above the IHG program median of 0.57¢. Among the 4 IHG hotels we track in Panama City, it ranks 3rd for point value. Two nearby IHG hotels give you more per point. Program-wide it ranks 2244th of 6,672 IHG hotels.
This hotel ranks 3rd of 4 IHG hotels we track in Panama City. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 23,000 | $145 | 0.63 |
| Sep 2026 | 23,000 | $154 | 0.67 |
| Oct 2026 | 24,000 | $167 | 0.70 |
| Nov 2026 | 22,000 | $135 | 0.61 |
| Dec 2026 | 20,000 | $143 | 0.71 |
| Jan 2027 | 23,000 | $143 | 0.62 |
Hotel Indigo Panama City Marina is the 3rd point value among the 4 Panama City hotels we price daily. The strongest value there right now is Holiday Inn Panama City at 0.71¢ per point. The cheapest night on sale here has ranged from 20,000 to 29,000 points, depending on the day you check. Within Hotel Indigo it ranks 106th of 198 on point value. At 0.59¢ per point it beats 66% of the IHG hotels we track, a fair use of points.
From 23,000 IHG points as of September 19, 2026. The cheapest night on sale has ranged from 20,000 to 29,000 points, depending on the day. Prices move daily.
A free reward night here starts at 20,000 points in December 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a fair use. At 0.59¢ per point it sits above the IHG median of 0.57¢ and beats 66% of hotels we track.
Holiday Inn Panama City at 0.71¢ per point is the best IHG point value we track in Panama City right now.
We check this hotel’s points price every day. Leave your email and we will message you the moment it sets a new low.