Among the plethora of travel perks that can help you save money or get free upgrades, the club loyalty program stands out as a vital perk. Barclays US Consumer Bank’s second annual Rewards & Loyalty Report takes a deep dive into the loyalty systems and benefits most used by travelers. highlighting its importance in the travel landscape.
Of the 1,000 Americans surveyed through Wakefield Research, 77% say they have recently enrolled in a safety program. These respondents report flying at least once in the past 12 months and intend to return in the next 12 months. In addition, 89% of respondents say they have been an unbreakable member at some point.
Types of systems include:
About 51% sign up to earn airline rewards, 43% for hotel rewards, and 30% for booking sites. Cruises and car rentals are the smallest systems because they regularly offer fewer opportunities.
Of the travelers recently enrolled in loyalty programs, 76% can’t believe they took such a high-quality vacation without getting benefits from it. Not taking advantage of rewards would likely mean having to replace travel providers, opt for more affordable accommodations, decrease vacation length, or book a less convenient mode of travel.
Millennials are the most likely to sign up for loyalty schemes with an enrollment rate of 83%, compared to an average of 75% for Gen X, Gen Z, and Baby Boomers. In addition, Millennials are the most likely in this regard. year.
Since loyalty systems are very prolific and offer a lot of price to the maximum of their members, 77% of respondents plan to do more in 2024 than in 2023. Specifically, 79% are leisure trips and 21% are business trips.
With that in mind, here are the most sought-after benefits (ranked based on demand):
Travel issuances are the most valuable benefits you get by being a member of a loyalty program or a specific credit card rewards program. While the issues have multiple redemption options, respondents plan to use 65% of them for flights and 54% for hotels.
Unsurprisingly, air miles are considered the most valuable type of point. Eighty-nine percent of respondents say things are a must-have for their favorite style.
Here’s how well travel rewards grant trips:
Airline and hotel issues regularly offer maximum value. They can also be the simplest to earn or redeem, as there are many features for domestic and foreign matrices.
The majority of respondents (72%) will use their rewards to travel to the U. S. This year, even if the number of foreigners increases. Europe (29%), the Caribbean (23%) and Canada or Mexico (22%) or the most popular foreign destinations. .
Travel hassles are the most valuable perk, but it’s also worth joining various rewards seamlessly.
Here are the 3 most popular discounts and upgrades you can get for Elite members and credit card customers:
In addition, ordinary travelers who take at least five or more flights per year feel that rewards generate maximum value.
These various benefits allow most survey participants to get more value out of their reward systems than they invested in them. Success rates vary by type and generation:
Although business is much less common than Array’s recreational loyalty memberships and things are more rewarding for those who can book on BusinessArray.
Each loyalty program offers other benefits, issues redemption options, and potential destination options. Finding the right program makes it much less difficult and more enjoyable on Array. To be more informed, check out the full survey results.
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