Luxury Hoteliers Magazine 4th Quarter 2019 | Page 41

to a travel or hospitality brand. The good news is that 75% of travelers say travel brands do a good job rewarding them for their loyalty. But there’s always room for improvement — especially when it comes to the quarter of consumers who AREN’T impressed with brands’ loyalty efforts. So how do loyal customers prefer to be rewarded? offer frequent business travelers early check-in so they can freshen up before meetings, or provide a concierge to coordinate activities they’d be too busy to research on their own. Give your VIP guests exclusive discounts and perks, learn their preferences, and train staff to greet them by name when arriving to check in. Exclusive member benefits (like late checkout or airline seat upgrades) rank number one, with almost half (49%) of consumers reporting that these make Hilton Honors highlights exclusive perks like free nights, late checkouts and additional credit card points for their most active members. them feel most rewarded. For another 32% of travelers, fee waivers (e.g., complimentary Wi-Fi, free checked bag, free travel insurance, etc.) are most likely to keep them happy and loyal. TURNING FINDINGS INTO ACTION Give loyal customers the VIP treatment. Travel is all about the experience, and if customers choose your brand time and again, they want to feel rewarded for it. Small things go a long way toward making your loyal customers feel like they’re getting special treatment. For example, you could Drive home the value of loyalty to your most prized customers. It goes without saying that you should strive to make every experience great, especially for your most loyal customers. But also find ways to remind them of the value they are getting for their loyalty. Make an effort to show the great experiences, high-quality accommodations, and perks that are exclusive to them. Additionally, make sure customers feel they are getting value for their loyalty by enabling them to earn rewards or recognition faster. One of the biggest complaints about loyalty programs is that it takes too long to earn a reward. So make sure your customers receive benefits after their first or second experience with your brand and make the next reward easy to obtain. CONCLUSION Your customers are traveling more than ever — and they’ve got a lot of travel and hospitality options to choose from. As a travel brand, it’s imperative that you understand what customers expect from you before they book for the first time. Whether you’re encouraging a new customer to try your brand for the first time, nurturing a current traveler toward loyalty or giving the VIP treatment to a loyal member, your content must be engaging, informative and relevant. Legacy brands and new players are reimagining what travel looks like. Your ability to identify expectations, refine your offerings and perfect the frequency and relevance of your messaging will be instrumental in acquiring, retaining and delighting your customers. Sources 1. The Guardian 2. eMarketer 3. Inc.com ILHA 41