-The current list is valid for stays through 05/31, overall it’s a pretty weak list.
-Hotels can sell out of discounted rooms quickly and only a limited amount of rooms is available per night.
You can book up to 2 reservations per hotel. There’s no limit to how long each of the stays can be.
You can stay in any PointBreaks hotel for 5,000 IHG points. If you already have 5,000 IHG points in your account then you can buy increments of 10,000 points for $70 as described below.
If you don’t have points yet IHG sells 5,000 points for $67.50. If those points don’t post instantly you can call IHG to get a points loan based on your purchase confirmation number in order to quickly grab a room. Alternatively you can transfer 5,000 Chase Ultimate Rewards points to IHG, though transfers are not instant. It’s a terrible use of Ultimate Rewards points (as they’re were more than twice that to brokers or when transferred to other airlines, hotels, or Amtrak), but it allows you to start buying points for 0.7 cents each.
You can also get 70K points for signing up for their credit card. That’s not as strong as bonuses from other cards with more valuable point currencies, though it does come with an annual certificate good for a free stay in any IHG hotel. Those are best utilized at Intercontinental hotels where a night can set you back 50K points or $800/night in places like Bora Bora. The card is free for the first year and then $49/year.
After you have 5,000 points in your account there is a “trick” to buy additional points for 0.7 cents each. You can book any cancellable 15,000 point hotel stay using cash and points for $70+5,000 points.
All you need to do is search for reward points stays in any metro area and you should find a hotel for 5,000 points+$70 like the one below. The room is normally 15,000 points but with IHG points and cash option you can buy 10,000 points for $70 when making a reservation. Just select the 5,000 points+$70 option to complete this purchase.
The $70 that you pay is nonrefundable so when you cancel the hotel you will actually get back 15,000 points in your account. Effectively you are buying 10,000 IHG points with this method for $70 or 0.7 cents per points.
Be sure to click on the rules during the checkout process to make sure that the room is fully refundable (almost all are):
In other words the cost per each 5,000 point PointBreaks stay is just $35 once you already have 5,000 initial points in your account.
Sample hotels for 5,000 points ($35) per night through 05/31:
-Holiday Inn Express & Suites Tampa
-Candlewood Suites Elgin NW-Chicago
-Candlewood Suites Indianapolis Airport
-Even Hotels Rockville, Washington DC Area
-Crowne Plaza Vilius, Lithuania
-Crowne Plaza Bucharest, Romania
-Holiday Inn Express Campo de Gibraltar
-Intercontinental Phnom Penh, Cambodia
-Holiday Inn New Delhi Airport, India
-Holiday Inn Buenos Aires EZE Airport, Argentina
-Holiday Inn Express, Belem, Brazil
-Hotel Indigo, San Jose, Costa Rica
-Staybridge Suites West Edmonton, Canada