IHG is adding a re-run of it's 'Win Big' Promotion for Spring 2014.
As with the last edition of this promotion offers are different for every member.
For me it's 94,600 points if I complete the following challenges:
4 IHG Rewards Club brands
1 stay with Best Flexible Rate incl. breakfast
3 stays booked through the website
2 stays Saturday night
2 Holiday Inn stays
So it seems this can be done in 5 stays with a total of 6 nights (incl. 2 weekend nights).
The Terms & Conditions lists these brands:
InterContinental®, Crowne Plaza®, Hotel Indigo®, Holiday Inn®, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, Even® or Hualuxe®
Since IHG has a number of additional stay bonuses it's very reasonable to earn 130,000 points from this promotion.
The SF Bay Area has a number of IHG brands that sell for about $100 for weekend nights incl. the Holiday Inn, Holiday Inn Express, Crowne Plaza and Staybridge Suites.
So we are looking at less than half a cent per point. IHG points haven gotten more valuable since they frequently run the award flash sales and PointBreaks. Regular awards are not offering much value.
I did not participate in the last run but I will this time. I'll let you know how it goes.