Book an Advance booking rate — offered under names such as Advance Saver, Book Early and Save, or Stay Longer and Save — when your dates are firm and you want the lowest price, typically 10–20% below the Flexible Rate¹. Choose a Flexible Rate when plans may change, because you can cancel at no charge up to 24–48 hours before arrival at most IHG properties². Both earn IHG One Rewards points.
The right rate choice depends on how certain your plans are and how much the savings matter. This guide breaks down the differences, the scenarios where each wins, and the cancellation and payment terms you should confirm before you book.
| Flexible rate | Prepaid/Advance booking rate |
|---|---|
| Best for uncertain plans, business trips, short booking windows | Best for confirmed leisure travel, vacations, fixed itineraries |
| Standard rate; typically higher than prepaid1 | Discounted; usually the lowest available rate1 |
| Payment charged at or near check-in | Payment charged in full at booking |
| Free cancellation typically up to 24–48 hours before arrival2 | Non-refundable deposit; full charge if canceled |
| Dates/room usually changeable without fee | Changes may incur a fee or forfeit the rate |
| Earns points on qualifying spend | Earns points on qualifying spend |
| Best Price Guarantee | Best Price Guarantee on matching rate type |
Choose prepaid when your trip is confirmed, and you’re unlikely to change or cancel. In exchange for committing, you typically get a lower price than the flexible rate¹. Prepaid rates may be non-refundable or carry a change fee.
Confirmed business travel
Family vacations with flights already purchased
Weekend trips with fixed dates
Multi-night stays where the total saving is meaningful
Choose flexible when your dates or plans may change. The price is higher, but free cancellation (typically 24–48 hours before arrival²) can prevent a much larger loss if plans shift.
Trips affected by weather
Travel built around events or festivals
Business travel with uncertain meeting dates
Changing project or family schedules
Cancellation, payment, and change policies vary by hotel and rate. Always review the specific terms shown at checkout before confirming your reservation².
1 Savings are illustrative estimates that vary by property, date, and demand and are not guaranteed; IHG uses dynamic pricing.
2 Rate names, availability, and cancellation windows vary by property and may change; confirm terms at checkout.
