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IHG Dynamic Pricing Now Available in Europe and the U.S.

DDG
DDG

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IHG Dynamic Pricing Now Available in Europe and the U.S.

IHG confirmed last year that it was testing variable pricing. While that never happened in 2019, IHG started introducing dynamic award pricing at some of its properties in Asia earlier this year.

Now variable pricing is available in properties in the United States and Europe as per Doctor of Credit. The option seems to be more widely available than when it was first launched in Asia.

What’s interesting for now is that the dynamic pricing has opened up cheaper option for many properties. Dynamic pricing should be related to demand, so it makes sense for now that cheaper prices are showing up.

Occupancy levels across IHG’s hotels fell to historic lows in the first quarter of 2020 due to coronavirus travel restrictions. Even with 15% of properties closed, revenue per available room was down 55% in March.

Conclusion

IHG has started rolling out dynamic pricing in Asia first and now in the United States and Europe. IHG has set award pricing, but it never really had an official award chart for its properties. With dynamic pricing we could see some good deals during slow season, or during the current pandemic. But I would expect prices to jump once travel is back to normal, and especially at sought after properties during high season.

If you already have any stays booked, it’s worth checking prices to see if you can book for cheaper now.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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