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IHG Rewards Travelers With Cash Amid Rising Cost Of Travel

Stocks in this article: IHG

ATLANTA, May 7, 2012 /PRNewswire/ -- Back by popular demand, IHG ( InterContinental Hotels Group) is offering guests cash rewards through their "Vacation Pay" promotion, arming travelers with extra spending money to use following their vacation and beyond. U.S. residents planning their fun in the sun between May 14, 2012 and Sept. 3, 2012, will receive a $75 prepaid card when they stay two consecutive weekend (Friday, Saturday or Sunday) nights at any of IHG's 4,400 hotels worldwide, including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, Holiday Inn®, Holiday Inn® Resort, Holiday Inn® Club Vacations, Holiday Inn® Express, Staybridge Suites® and Candlewood Suites®. 

According to a recent survey from the U.S. Travel Association, the rising cost associated with vacations is directly affecting leisure travel for consumers this upcoming summer. Consumers planning to fly to their summer destinations are feeling the heat with 43 percent claiming that an increase in the price of airfare due to higher oil prices will directly affect their summer travels.  Vacationers also stated that the rising gas and oil prices will cause them to take fewer trips and spend less money on food and entertainment, making "Vacation Pay" a sunny solution to a budgeting burden.

"For most travelers, budgets are top of mind when booking summer vacations, and the rising cost associated with travel can add extra stress as they begin the planning process," said Karyn Sarago, Marketing Manager, Leisure Travel, IHG. "We're bringing back 'Vacation Pay' to take some of the financial pressure off our customers, by putting some extra cash back in their pockets in hopes of providing them with a carefree and relaxing vacation."  

Consumers can use their "Vacation Pay" pre-paid cards for additional family fun throughout the summer months. Seventy five dollars back can go a long way when planning trips to a local amusement park, beach boardwalk or family dinner.

Helping Travelers Save

IHG's cash back rewards from "Vacation Pay" can be spent however the traveler chooses, such as:

  • Future hotel stays
  • A tank of gas for the trip down the shore
  • Summer concert tickets
  • Admission to an amusement park
  • Summer fun gear such as bathing suits and sandals
  • Groceries for a family BBQ

IHG's "Vacation Pay" promotion is valid for U.S. residents only and redeemable via rebates for a maximum reward of $300 per traveler. For more information about "Vacation Pay" and to book accommodations, visit www.ihg.com/get75 beginning May 14.

Notes to Editors: IHG (InterContinental Hotels Group) (LON: IHG, NYSE: IHG (ADRs)) is a global organization with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty program with over 63 million members worldwide.

IHG franchises, leases, manages or owns over 4,400 hotels and more than 658,000 guest rooms in nearly 100 countries and territories, and has more than 1,100 hotels in its development pipeline. 

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