It’s January and the season of devaluations is upon us. A leaked pdf document from IHG has revealed that the company will be changing the categories of over 690 properties worldwide. Some properties are going down in value, but it will come as no surprise that the vast bulk of properties will be going up in price.
The changes can be summed up as follows:
- Total properties changing category 694
- 448 properties in the US are changing category- 387 properties go up, 61 go down
- 547 properties are going up in category worldwide
- 147 properties are going down in category worldwide
There is some confusion about when the devaluation will come into effect. The IHG document states that the changes are effective from January 25, 2019. While other rumors state that the changes will be coming into force on January 14, 2019. If you are looking at making a booking, it is best to play it safe and book before January 14, 2019.
How Does This Affect The IHG Credit Card Free Night
The IHG® Rewards Club Premier Credit Card card comes with a host of perks and benefits, including complimentary Platinum Elite status. One of the most valuable perks that come with IHGC membership is the free night certificate issued on the card anniversary.
Historically you were able to redeem this at any IHG property worldwide, including some stunning properties like the InterContinental Tahiti Resort & Spa. Sadly this has been changed, and from this year you can only redeem the certificate at properties costing 40,000 points or less per night.
With the current devaluation, 38 properties have increased in price over the 40,000 point threshold, making them ineligible for booking with the free night certificate. IHG publishes a list of ineligible hotels, and these properties will be joining it soon. On the sunny side one property, The InterContinental One Thousand Island Lake has dropped in price and has now become eligible for the free night certificate.
We never like devaluations, and this one is no exception, and adding 38 properties to the list of hotels you can’t use your IHG® Rewards Club Premier Card annual free night certificate at makes this devaluation even worse news. Fortunately, unlike some other devaluations, you have some notice, so if you have fixed dates for a redemption at an affected property in mind. Book before January 13, 2019, to lock in an award at the current price rate.