You would have seen the mention of "IHG BIG WIN PROMO" all around the web. IHG Club is basically re-branding of Priority Club which includes brands such Intercontinental Hotels & Resorts, Holiday Inn, Hotel Indigo, Staybridge Suites etc ( the full list of brands under IHG can be found here). The promo is open to all the members and is tailored to each individual member having a slightly different version of the promo. But if you are NOT a member of IHG club you can create a new account and then register for this promo you would see a standard 50k points offer as shown below.
As you can see "Only 4 separate stays or nights" could earn you potential 50k points assuming 2 out of those 4 stays are on Saturdays and 3 of them are at different IHG brand hotels.
Back to the question.. Is it Worth?
Well, the answer depends on how are you going to use the points. You can convert IHG points to the partner airlines at the ratio of "10k points = 2k miles" and the various airline partner list can be found here. Thus converting 50k points would give you 10k miles which depending on my valuation could be worth $100 to $150. If I had to spend an average of $60/night on each of the stay that would mean spend of $240 in total and assuming I am just staying for the sake of getting the points I personally would not do it. You could also buy 10k points for $70. The way this works is as long as you have 5k points in your account you could book any hotel that requires 15k points by using so called "points+cash" option which is essentially "5k points + $70 for remaining 10k points". Once you make the booking and later cancel it you do not get the "cash" portion refunded rather will have 10k points deposited to your account in lieu for it. So if you are doing it for the sake of points (also known as mattress run) do it only if your total cost would be less than $350 ($70x 5 for 50k points).
On the other hand you could redeem the points for the "PointBreaks" which has changing list of hotels each quarter that can be booked for only 5k points/night. This option would mean I could potentially get to stay for 10 nights and assuming the average cost of $60/night could be an awesome value proposition. The other option would be to redeem the points for high value properties such as Holiday Inn Maldives for 35k points/night which otherwise goes for ~$250 in peak season.
As you can see from above the only good reason to go for this promotion would be to use the points to make actual stays at Holiday Inn rather than converting to "miles". Hope this helps you to make the decision to go for this promotion or no.
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