Travel Tech Insider

State of Loyalty

Gilad Berenstein, Cara Whitehill, Brett Catlin, Ryan Smith Season 1 Episode 6

The loyalty program as we know it was pioneered by American Airlines over 30 years ago. A lot has changed since then. As travel has become commoditized in many areas, suppliers and retailers have become more innovative and creative about attracting, retaining, and rewarding customers. While customers have become savvier about maximizing and sometimes even gaming the system. The premium credit card companies have added their own layers of complexity. And of course, the pandemic accelerated many changes to the structure of loyalty programs that were already being tested.

So what does the state of loyalty look like in travel today and where is it heading? How do brands think about lifetime value, rewards, and community? How is that changing with the increased focus on Gen Z and millennial travelers? In an environment where nearly everyone has some form of “elite” status and loyalty points as a currency can get devalued, what exactly are travelers “loyal” to anyway?

And what are the most innovative brands in our industry doing about it? Innovations that include traditional loyalty offerings but go much further with subscriptions, personalization, and more.

We talk to two experts who have the inside scoop on what loyalty means in travel these days.

Follows:

Gilad Berenstein - host

Cara Whitehill - host

Brett Catlin - guest

Ryan Smith - guest

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