A few months ago, I posted about Priority Club's reward chart changes that took place on January 18, 2012. If you weren't already aware, new tiers were added on the reward chart for each hotel brand, most of them at higher redemption rates. Because only two week's notice was given before the changes took place, Priority Club decided to allow a two-month grace period, where anyone could still book reward nights at the old rates - albeit via phone reservations only.
That two month grace period is about to end on March 18, 2012, so make sure you book as many reward nights as you can before the deadline. One big problem, however, is that Priority Club doesn't published a full list of redemption rates for all their hotels. And since their website now only reflects the new rates, it's impossible to know what the old rates were unless you already jotted it down prior to the change.
Fortunately, LoyaltyLobby has compiled a list of all the InterContinental Hotels and Resorts that have changed tiers. For Candlewood Suites, Staybridge Suites, Crowne Plaza Hotels and Resorts, and Hotel Indigos, the old reward chart only had a single tier for each brand, whereas the new reward chart added a higher tier to each. Thus, it's very easy to see if the redemption rates have changed since any hotel currently showing the higher rate means it was bumped up on January 18, 2012. And finally, ChongCao has compiled a list of old redemption rates for Holiday Inns and Holiday Inn Expresses, which might be extremely helpful. You can also try calling Priority Club and asking, but many people on FlyerTalk have reported agents actually asking them what the old rates were!
Also, when booking reward nights at the old rate, the phone agents are effectively charging you the new rate, and then crediting your Priority Club account with a goodwill adjustment for the difference. Just be aware that if you decide to cancel the booking later, the goodwill adjustment will also be removed from your account.
New Priority Club Reward Chart (from January 18, 2012 onward):