Frequent Fliers Are Rethinking Loyalty Programs and Setting Themselves Free

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Frequent Fliers Are Rethinking Loyalty Programs and Setting Themselves Free

//business-finance.news-articles.net/content/202 .. oyalty-programs-and-setting-themselves-free.html

Published in Business and Finance on Thursday, November 28th 2024 at 6:40 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Some travelers, frustrated with changing airline rewards programs, have stopped chasing status and adopted different strategies when booking flights and using credit cards.

The article from The New York Times, published on November 28, 2024, discusses how airlines are rethinking their loyalty programs due to changing consumer behaviors and economic pressures. With travelers becoming more cost-conscious and seeking flexibility, airlines are moving away from traditional mileage-based rewards to more dynamic, personalized offerings. These new strategies include tiered benefits, partnerships with non-travel brands, and the use of AI to tailor rewards to individual preferences. The shift aims to enhance customer retention, increase engagement, and provide value beyond just flights, reflecting a broader trend in the travel industry towards more holistic customer experiences. However, this evolution also raises concerns about privacy, data security, and the potential for these programs to become less rewarding for the average traveler.

Read the Full The New York Times Article at [ https://www.nytimes.com/2024/11/28/business/airline-loyalty-programs-rethinking.html ]