Kraft's New York trips, whether you're heading to meetings in Midtown or visiting retail partners, almost always mean Manhattan hotel prices that blow past your per diem. Corporate code 105406 drops your nightly rate by about 15% at a Holiday Inn that sits right in the middle of the action on 8th Avenue. That savings adds up fast on a three or four night trip, and the IHG points you earn on top make it even better.
The Property
The Holiday Inn Times Square sits at 585 8th Avenue, right at the corner of 8th and West 39th Street in the heart of Midtown Manhattan's Garment District. You're two blocks from Times Square, surrounded by restaurants and delis at every price point, and within a 15 minute walk of Penn Station, the Javits Center, and Bryant Park. The airport drive from JFK runs about 36 minutes without traffic, though realistically you should budget an hour during rush hour.
Rooms at this property are standard New York City size, meaning compact but functional, with most running between 200 and 250 square feet. Every room includes a work desk with an ergonomic chair, USB charging ports, and complimentary Wi-Fi that's fast enough for video calls. You can request a higher floor for less street noise, which matters on 8th Avenue.
The hotel has a fitness center that's open 24 hours, which is useful when you're adjusting to a packed meeting schedule and can only squeeze in a workout at odd hours. There's an on-site restaurant and bar for quick meals when you don't feel like venturing out, plus a business center with printing services. Breakfast is available but typically not included in the corporate rate, so budget around $18 to $25 if you eat in.
Penn Station is a 10 minute walk south, giving you easy access to NJ Transit, Amtrak, and the 1/2/3 and A/C/E subway lines for getting anywhere in the city. The Javits Convention Center is about a 15 minute walk west along 34th Street, and Times Square's concentration of restaurants, from Shake Shack to high-end steakhouses like Gallaghers, is literally around the corner. If you need a FedEx Office or a Duane Reade for last minute supplies, there are multiple locations within two blocks.
Your Savings Breakdown
| Rate Tier | Rack Rate | Corporate Rate | Points Earned | Point Value | Net Cost | Savings |
|---|---|---|---|---|---|---|
| Standard | $220 | $187 | 1,870 pts | $9.35 | $177.65 | $42.35 |
| Superior | $350 | $298 | 2,980 pts | $14.90 | $283.10 | $66.90 |
| Premium | $550 | $468 | 4,680 pts | $23.40 | $444.60 | $105.40 |
On a typical midweek night where the public rate runs around $350, Kraft's corporate code 105406 brings that down to roughly $298. You'll earn 2,980 IHG One Rewards points on that stay, worth about $14.90 at standard redemption value, which drops your effective net cost to $283.10. That's a total savings of about $66.90 per night, real money that compounds quickly on a multi-night business trip.
How to Book with Code 105406
- Go to ihgonerewards.com and log in to your IHG One Rewards account, or create one if you haven't already
- Enter New York, NY as your destination along with your check-in and check-out dates
- Click on Special Rates and look for the Corporate or Negotiated Rate field
- Enter corporate code 105406 in the designated field
- Select the Holiday Inn New York City, Times Square from the results, verify the corporate rate shows a lower price than the standard rate, and complete your booking
Stack Your Savings
If you hold IHG One Rewards Platinum or Diamond Elite status, those benefits apply on top of the corporate rate. That means you'll get room upgrades when available, late checkout, welcome amenity points, and bonus point earnings of 60% or 100% extra depending on your tier. Even Gold members get a 20% bonus on base points, so make sure your loyalty number is attached to every reservation.
The IHG One Rewards Premier Credit Card from Chase earns 5x points per dollar on IHG purchases, which would turn that $298 night into 1,490 bonus card points on top of your 2,980 hotel points. The IHG One Rewards Traveler Card earns 3x if you prefer no annual fee. Either way, paying with an IHG co-branded card also gives you a fourth reward night free on award stays of four or more nights, which is valuable if you're mixing business and personal travel.
IHG frequently runs quarterly promotions like bonus points for completing a set number of stays or earning double points at specific brands. Register for these promos through your IHG One Rewards dashboard before you travel. Booking Sunday through Thursday usually gives you the best availability on corporate rates, and rates in New York tend to dip in January through March and again in late August.
Bottom Line: Depending on the season and how far in advance you book, Kraft employees can expect to save between $42 and $105 per night using code 105406 at this property. The Holiday Inn Times Square hits the right balance of location, reliability, and price for Midtown business trips, with a 4.1 rating across nearly 3,750 reviews backing that up. Stack it with IHG elite perks and a co-branded credit card, and you're getting solid value out of every Manhattan stay.