With IHG, you are lucky if you get .50p value per point.Has anyone used IHG One rewards? Is it worth getting 1.8 conversion ratio? I was randomly checking a few hotels and the price to rewards ratio was between 2.2 to 2.5.
In only very rare cases does it go beyond that in India.
I got lucky once in Hyderabad, when a sold out hotel opened up inventory for a single room.
Ended up getting more than Re 1 value.
That’s like a maha outlier example.
Your best bet is probably with
all inclusive properties during shoulder seasons, in Europe.
Atleast it was during this April and May.
Found Rs 2/3+ values per point.
During shoulder season, even cash rates of luxury and super premium properties fall.
In such cases, if you still don’t want to use cash, then relative value of points may appear enticing.