It's no secret hospitality brands use loyalty programs as a marketing tactic to build consumer loyalty and retention, but opinions on the effectiveness and value of these programs vary widely. How successful are hospitality loyalty programs according to brands, hotel owners, and consumers? Why does overall usage of these programs remain challenging and consumer loyalty to a specific brand extremely low?
In addressing these questions, Skift Research developed a Loyalty Brand Matrix, which ranks hotel brands based on seven quantitative metrics. As the hospitality industry shifts away from points and discounts toward driving an emotional connection with guests, we predict a challenging road to true consumer loyalty.
What You'll Learn from this Report:
- The key benefits of and current market sizing for hotel loyalty programs
- A spotlight on business travelers, millennial travelers, and affluent travelers and their usage of and sentiment toward hotel loyalty programs
- General consumer attitude about hotel loyalty programs
- An analysis of positive and negative consumer sentiment posted on various online platforms about eight major brands' loyalty programs from 2013 to 2017
- A normalized ranking of hotel loyalty programs
- Our conclusions on how to reconcile different perspectives to drive real customer loyalty
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