InterContinental Hotels Group is offering a 4-day flash sale for those interested in purchasing points through end of day today, May 19, 2017. You can get a 100% bonus on all points purchased bringing your cost down to 0.575 cents per point.
With this promotion, the maximum amount of points you can purchase per account per calendar year is 60,000 points, which means 120,000 points with this promotion. You can always purchase more points through the Daily Getaways promotion, although the price to purchase the points are slightly more expense (but hardly anything!) and range between 0.576 and 0.598 cents per point. I am not sure when these Daily Getaway offers will disappear, but you can probably purchase those packages past today. You can learn more here.
Example of where this is a good deal
You can purchase 120,000 points for $690. This will get you 4 free nights at the Holiday Inn Resort in Aruba (right on the beach!). This property is 30,000 points a night – which means you can ultimately stay at this hotel for $172.50 a night even during peak times (for example, over Christmas/New Years).
Also, IHG also offers Point Break hotels where there is an entire list of hotels that only cost 5,000 points a night! It is a great opportunity to stay for cheap if there is a hotel on the list that you are looking to stay at. If you purchase enough points to get the 100% bonus, you’ll essentially be able to redeem for a Point Break hotel for $28.75/night, and that includes taxes!
However, like all point offers, I do not suggest purchasing speculatively. Programs can devalue and you do not want to be stuck with points that you ultimately do not need. IHG also offers this promotion quite often throughout the year. You can purchase points here.