As of August 2026, IHG points redeem at a median of 0.58¢ per point across the 6,622 hotels we price every day. Enter what a night costs in points and what the same room costs in cash, and the meter shows where that redemption lands against every hotel on that curve.
Use the same room and same dates for both prices. Value = cash ÷ points × 100. Enter all-in cash after tax for the truest number.
Every IHG hotel we track gets a cents-per-point value. Here is how the four bands split, and what share of hotels sits in each. The needle above points to where your redemption falls.
Most points calculators just divide your numbers and hand back a figure with no way to judge it. Ours compares your redemption to what IHG points actually buy. Every day we record the points cost and the cash price of the same night across 6,622 IHG hotels in 3,392 cities, then work out the cents per point for each one. That gives a live distribution: the middle hotel lands at 0.58¢, the weakest tenth below 0.53¢, and the strongest tenth above 0.66¢. When you type a redemption, we place it on that curve and tell you the exact share of hotels it beats.
| Across 6,622 hotels | ¢/pt |
|---|---|
| Weakest tenth (10th percentile) | 0.53 |
| 25th percentile | 0.56 |
| Median | 0.58 |
| 75th percentile | 0.62 |
| Strongest tenth (90th percentile) | 0.66 |
| 99th percentile | 0.74 |
A better redemption is part timing, part knowing which hotels actually reward points. Here is what our data and the program rules support.
Chase the brands that beat the median, not the biggest one. Across the 6,622 hotels we price, Kimpton (0.64¢), EVEN Hotels (0.62¢), Vignette Collection (0.62¢), InterContinental (0.62¢), Holiday Inn Resort (0.61¢) all clear the 0.58¢ median. The catch: Holiday Inn Express, the chain’s biggest brand and about 49% of everything we track, sits at 0.57¢. So “book any Express hotel” is not the value shortcut it is often sold as. The full ranking is on the brands page.
We rank every IHG hotel by cents per point, city by city. If your redemption came back Fair or Poor, there is probably a better one nearby.
No. IHG retired its fixed award chart and now prices reward nights dynamically, the way cash rates move. There is no official table of points per hotel anymore. That is why this page exists: every number here is an observed price from nightly tracking, not a chart value.
About 0.58¢ per point is the IHG median across the hotels we track, so that is the line between a fair and a weak redemption. 0.60¢ and up is good, and 0.66¢ and up is great, the top tenth of everything we price. Below 0.56¢ you are usually better off paying cash and saving the points.
Divide the cash price of a night by the points it costs, then multiply by 100 to get cents per point. A $180 night that costs 30,000 points is 180 ÷ 30,000 × 100 = 0.60¢ per point. Use the same room and dates for both prices, and the all-in cash price after tax for the truest figure.
Compare your cents per point to the 0.58¢ median. Well above it, points win. Well below it, pay cash and keep the points for a stronger night later. Two things tilt it toward cash: paid stays still earn points and elite credit, and award nights can skip some cash-rate perks. This tool values the redemption itself, not those extras.
Among hotels we price today, reward nights start around 5,000 points and the middle of the market is about 18,000 points per night. A free night here means redeeming points, which is different from a credit-card free night certificate.
From our nightly pricing of 6,622 IHG hotels, the typical reward night returns about 0.58¢ per point. The middle half of hotels runs from 0.56¢ to 0.62¢. Value swings with the specific hotel and dates far more than with your points balance, so it always pays to check the exact night.
Benchmark from 6,622 IHG hotels priced daily · last updated August 3, 2026.