Aimia - Travel and Hospitality Loyalty To-Do List

1

Click here to load reader

description

Top 5 ways to leverage loyalty principals to take your travel and hospitality program to the next level.

Transcript of Aimia - Travel and Hospitality Loyalty To-Do List

Page 1: Aimia  - Travel and Hospitality Loyalty To-Do List

– The Aimia Loyalty Lens, June 2014 USA

FIVE

Early adopters are more likely to consider their personal information as very valuable (38%) vs late adopters (27%)

38%

TRAVEL AND

HOSPITALITY

LOYALTY

TO-DO LIST

Top 5 Ways to Leverage Loyalty Principals to Take Your Program to the Next Level

BUILD A LOYALTY PROFIT CENTER

ACCOUNT FOR VARIOUS CONSUMER PRIVACY EXPECTATIONS

IMPROVE EXISTING ECONOMICS

REWARD INTERACTIONS, NOT JUST TRANSACTIONS

SHIFT TO MOBILE

– The Aimia Loyalty Lens, June 2014 USA

– The Aimia Loyalty Lens, June 2014 USA

Source: The Shift in Desktop to Mobile & Tablet Continues to Transform Hotel Bookings in Q1 2014. HeBS Digital. April 28, 2014.

> Fund through strategic program partnerships> Partners provide relevance and program breadth

> Reward all brand interactions> Drive engagement by rewarding the right behaviors

> Consumers expect seamless access via all mobile devices> Integration of loyalty app with reservations app

> Demonstrate value to Millennials in exchange for personal information

> Ensure adherence to data privacy laws and best practices

©2014, AIMIA. ALL RIGHTS RESERVED. Contact us to learn more: [email protected]

ON

E

THRE

E

TWO

FOUR

“Partnerships create a win-win-win for partners and the consumer. In the process of exchanging value, partnerships can achieve cross brand affiliation and increased customer segment relevance.”

The #1 reward preference for airline and hotel consumers is loyalty currency such as points and miles.

“ Hotel and airline consumers have the most online brand engagement compared to other industries such as supermarket and grocery, credit card providers, banks and fuel.

Q1 2013 – Q1 2014: Mobile bookings and room nights increased by 84% while mobile revenue nearly doubled as travel consumers are becoming more comfortable transacting via their smartphones and as smartphone penetration reaches an all-time high – over 50% in the U.S.

> Increase per point profit margin> Leverage merchant funded rewards and

card-linked offers

84%

50%

#1