Sat Sep 28 19:07:18 UTC 2024: ## IHG Devaluation Hits Home: Is It Time to Ditch the Program?

**Miles to Memories** reports on a recent IHG One Rewards devaluation that has left many loyalists questioning their allegiance to the program. The author, who recently achieved IHG Diamond status, discovered that the redemption rates for the new Regent Santa Monica Beach are astronomically high, with a single night costing a whopping 176,000 points – more than double what he initially estimated.

This devaluation, combined with the program’s already low points earning potential, leads the author to question the overall value of IHG. Despite previously finding value in the program, he now sees it as a losing proposition, particularly when compared to other hotel loyalty programs.

The article delves into the reasons why earning and redeeming IHG points is less rewarding than other programs. The author argues that the IHG Premier credit card offers underwhelming earning potential, even for dedicated users, and that transferring Chase Ultimate Rewards points to IHG makes little financial sense.

Ultimately, the article raises a key question for IHG enthusiasts: is it time to re-evaluate their loyalty? The author, while still enjoying some aspects of the program, is considering letting his Diamond status lapse and focusing on other hotel programs. He suggests that, despite the recent devaluation, IHG may still offer value for those seeking low-end redemptions, but for high-end stays, the program simply doesn’t deliver.

**The article prompts discussion from readers, highlighting the varying perspectives on IHG’s current value proposition.** Some users express strategies for maximizing point earning and redemption, emphasizing the value of specific credit cards and combining points with certificates for higher-end stays. However, others reiterate the author’s sentiment, stating that the devaluation has made IHG a less appealing option compared to other hotel programs.

**The article serves as a cautionary tale for those considering focusing on IHG for their travel needs.** While the program may offer certain advantages, the recent devaluation and limitations on point earning have made it a less competitive choice in the loyalty program landscape.

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