A new survey of 2,000 travellers reveals that 68% prioritize personalized experiences over traditional hotel loyalty points.
This preference for experiences over points is consistent across different demographics, with Gen Z and high-income earners leading the trend.
Reasons for dissatisfaction with point systems include short expiration windows, blackout dates, and rewards seen as unattainable.
Only 24% of respondents consider hotel rewards as their most valuable loyalty asset, ranking them below other loyalty programs like grocery, credit card, gas points, and airline miles.
Service and quality remain key factors in guest loyalty, with 88% likely to return following consistently good service.
Poor service, facility issues, and room problems are top deal-breakers for guests.
The future of loyalty is described as moving beyond transactional perks to meaningful relationships and personalized engagement.
Hotels are encouraged to collect and use guest data for personalization, reinvent loyalty models, improve service touchpoints, and enhance digital convenience.
The trend towards personalized experiences is emphasized over traditional points systems, as guests seek real-time recognition and customization.
The shift in loyalty focus means hotels must prioritize connections and personalization to attract and retain guests.
In the evolving loyalty economy, guests value recognition that aligns with their preferences and what they truly value.