As of November 3, 2026, the cheapest reward night we price here costs 33,000 IHG points for a December 2026 check-in. Booking that same night with cash would cost about $214. On a typical night here, a point is worth 0.57¢, roughly 3% above the IHG program median of 0.55¢. Among the 8 IHG hotels we track in Melbourne, it ranks 7th for point value. Six nearby IHG hotels give you more per point. Program-wide it ranks 2320th of 6,695 IHG hotels.
This hotel ranks 7th of 8 IHG hotels we track in Melbourne. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 34,000 | $242 | 0.71 |
| Sep 2026 | 36,000 | $221 | 0.61 |
| Oct 2026 | 34,000 | $241 | 0.71 |
| Nov 2026 | 39,000 | $243 | 0.62 |
| Dec 2026 | 32,000 | $214 | 0.67 |
| Jan 2027 | 36,000 | $218 | 0.61 |
| Feb 2027 | 49,000 | $256 | 0.52 |
| Mar 2027 | 47,000 | $435 | 0.93 |
InterContinental Melbourne is the 7th point value among the 8 Melbourne hotels we price daily. The strongest value there right now is Hotel Indigo Melbourne on Flinders at 0.64¢ per point. The cheapest night on sale here has ranged from 32,000 to 42,000 points, depending on the day you check. Within InterContinental it ranks 129th of 237 on point value. At 0.57¢ per point it beats 65% of the IHG hotels we track, a fair use of points.
From 33,000 IHG points as of November 3, 2026. The cheapest night on sale has ranged from 32,000 to 42,000 points, depending on the day. Prices move daily.
A free reward night here starts at 32,000 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 0.57¢ per point it sits above the IHG median of 0.55¢ and beats 65% of hotels we track.
Hotel Indigo Melbourne on Flinders at 0.64¢ per point is the best IHG point value we track in Melbourne 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.