After dropping to Platinum last year and then Gold this year I have been using up my IHG points as travel plans for 2025 have very few opportunities to earn IHG nights and so I expect to start 2026 as silver.
Weird thing I observed when checking some rates. If i pay all money its $282/night
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Same room if I use points + pay has higher cash rate at $288 than not using any points.
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So basically using 5k points/night costs you $6/night. Obviously if burn more points start to genuinely save some $. Must be a mistake no?