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News
Why is APAC travel retail betting on experience over discounts?
6+ hour, 1+ min ago (857+ words) Converting footfall now takes greater activation and a more compelling reason to step inside, beyond just a lower price. Across Asia, travel retailers are discovering that discounting is no longer enough to drive sustainable growth. Through our ongoing conversations with…...
Cruise loyalty mimics airlines, hotel card hits record offer
17+ hour, 26+ min ago (165+ words) Carnival overhauled its rewards program with airline-style rules. Hilton’s top card now offers 200,000 bonus points. Delta and Hyatt will let members earn dual rewards on stays and flights. Sep 13 · 2:08 PM · 1 min Carnival’s new loyalty system, effective September 1, ties status to…...
Customers are hitting back as banks recalibrate card reward programs
18+ hour ago (105+ words) AFR It’s the biggest shake-up in the market for more than 20 years, and if current trends persist, big banks are facing hefty declines in credit card balances. The big four banks are already feeling the squeeze from the upending of…...
IHG One Rewards adds value to all-inclusive stays
3+ day, 16+ hour ago (170+ words) insideflyer.com IHG One Rewards adds value to all-inclusive stays Travelers can now earn and redeem points at IHG’s expanding portfolio of all-inclusive resorts. Bookings through IHG link directly to loyalty accounts, unlocking elite bonuses and future travel credits. This…...
Popularity of vacation ownership model soars
5+ day, 2+ hour ago (299+ words) As a sign of growing strength in the leisure travel market, Accor Vacation Club has announced the addition of two resorts following the acquisition of apartments Mantra on View Surfers Paradise on the Gold Coast and Mantra on Jolimont Melbourne....
BMO Makes Everyday Banking More Rewarding with Enhanced Blue Rewards Benefits
5+ day, 19+ hour ago (252+ words) Earn Points on Everyday Spending Clients with most BMO chequing accounts can now earn Points on qualifying debit purchases, giving more BMO clients the opportunity to earn rewards on everyday spending. Clients can earn 1 Point for every $2 spent on eligible…...
Card Spending Grows August With Strong Performance in Hospitality and Travel
5+ day, 19+ hour ago (367+ words) Card spending grew by 2.1 per cent year-on-year in August, building on July’s 2.0 per cent increase, but remaining below the latest CPIH inflation rate of 3.1 per cent. Both essential and non-essential spending increased 2.1 per cent, helped by improving consumer confidence and…...
Travel spend returns to growth after five-month decline
5+ day, 20+ hour ago (366+ words) UK travel spending returned to growth in August, rising 3.1% year-on-year after five consecutive months of decline, according to the latest Barclays UK Consumer Spend Report. The report, which analyses UK customers’ credit and debit card spending, reveals airline spending increased…...
Travel spending rebounds in August following five-month decline
6+ day, 7+ hour ago (425+ words) Spending on travel rebounded after five consecutive months of decline as consumer confidence remained “resilient” in August, new data shows. Travel agents saw year on year card spend rise by 4.4% with transactions up by 7.4%, according to Barclays latest monthly consumer…...
Credit card surcharges have changed the math for earning cash back, points or miles
1+ week, 22+ hour ago (507+ words) The fees restaurants and other merchants increasingly charge for paying with a credit card have altered the math for rewards credit cards. Earlier this year I had a dental procedure, a root canal, that cost about $80 extra because I paid…...