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Accor Hotels has brought back its triple Avios promotion, for stays between 1 October and 31 December 2017.

You also need to book during this period. It’s slightly annoying that you will have to hold off booking until October if this offer interests you, but the fact the booking period runs until 31 December (which means that last minute bookings will qualify) is pretty generous by Accor standards.

The minimum stay requirement is just 1 night.

Although there is a British Airways and Iberia Plus version of this offer, you should sign up to the Iberia promotion. Accor points convert into Avios at a rate of 1:1 when credited to Iberia Plus, but only at a rate of 2:1 when credited to the British Airways Executive Club. This means that signing up for the Iberia version will earn you twice as many Avios as the BA promotion.

For the Iberia offer, click here.

For the British Airways promotion, see here.

A status-less member earns 2.5 Accor points per 1€ at most Accor brands (1 Accor point per 1€ at Ibis, Ibis Styles). You will thus earn 7.5 Avios per 1€ with the Iberia triple Avios offer (3 Avios per 1€ at Ibis…). Members with elite status would do even better.

Should you sign up for this offer or take the Accor points?

It depends. but it  certainly makes sense for some. For example:

• If you have recently redeemed a larger stash of Accor points. Remember that all your existing points will automatically convert to Avios if you sign up for this promotion. Accor is annoying in this regard. Why can’t they have a double-dip option like Hilton, where you can keep your Hilton points if you register for a frequent flyer miles promo?
• If there is no better points promotion this quarter. Remember the generous ‘earn 10,000 bonus points (worth 200€!) for 4 two-night stays’ Accor was running last autumn?
• Or if you are new to Accor and are not interested in growing your stash of Accor points. You can only redeem Accor points at increments of 2000 points. 2000 points will get you 40€ off your bill because of the fixed monetary value of 1 Accor point = 2 eurocents. There is no room for arbitrage here. At the earning rate of 2.5 Accor points per 1€ for a status-less member, you would need to spend 800€ at most Accor brands to be able to redeem your points (you are thus receiving a 5% rebate). You may not have enough Accor stays to hit that spending requirement.

If you can say yes to any of the above, then this offer may well be for you.

However, if you don’t want your existing Accor points to be converted to Avios, do not sign up. I’m a heavy Accor user and I am still hoping that Accor will bring back its generous Boost promotion. Last spring you could earn 6,000 Accor points with just three two-night stays however cheap. In autumn it was even better. Four two-night stays would bag you 10,000 Accor points (worth 200€).

Of course you can earn cashback on top. Accor often offers up to 15% for its high-end brands on TopCashback (the current rate is ‘only’ 10.1%). So make sure you head over to TopCashback before booking.