As of September 19, 2026, the cheapest reward night we price here costs 39,000 IHG points for a October 2026 check-in. Booking that same night with cash would cost about $222. On a typical night here, a point is worth 0.56¢, roughly 2% below the IHG program median of 0.57¢. Among the 2 IHG hotels we track in Panama City, it ranks 2nd for point value. One nearby IHG hotel, Crowne Plaza Panama, gives you more per point. Program-wide it ranks 4405th of 6,672 IHG hotels.
This hotel ranks 2nd of 2 IHG hotels we track in Panama City. Ranked by cents per point, across every IHG brand.
| Check-in | Points | Cash | ¢/pt |
|---|---|---|---|
| Aug 2026 | 39,000 | $213 | 0.55 |
| Sep 2026 | 38,000 | $236 | 0.62 |
| Oct 2026 | 38,000 | $216 | 0.57 |
| Nov 2026 | 39,000 | $229 | 0.59 |
| Dec 2026 | 43,000 | $255 | 0.59 |
| Jan 2027 | 51,000 | $223 | 0.44 |
InterContinental Miramar Panama is the 2nd point value among the 2 Panama City hotels we price daily. The strongest value there right now is Crowne Plaza Panama at 0.57¢ per point. The cheapest night on sale here has ranged from 38,000 to 46,000 points, depending on the day you check. Within InterContinental it ranks 172nd of 234 on point value. At 0.56¢ per point it beats 34% of the IHG hotels we track, a fair use of points.
From 39,000 IHG points as of September 19, 2026. The cheapest night on sale has ranged from 38,000 to 46,000 points, depending on the day. Prices move daily.
A free reward night here starts at 38,000 points in September 2026, the cheapest month we have priced. That is a straight points redemption, not a free night certificate.
It is a fair use. At 0.56¢ per point it sits below the IHG median of 0.57¢ and beats 34% of hotels we track.
Crowne Plaza Panama at 0.57¢ 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.