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As we enter an economic recession, the world of miles and points has also been shaken up. The travel industry is reeling. However, there are a few signs of hope on the horizon. Here’s a quick recap of the stories I covered in the second week of April.
As recession looms, will loyalty programs roll back devaluations
As the economy enters a recession, how will loyalty programs respond? Travel has come to a grinding halt, will programs roll back the devaluations that they made in the pre-recession period?
Changes coming to your favorite loyalty programs
Ever wonder what goes behind the scenes before your favorite loyalty program makes a change? I crunched some data in order to provide you an insight into the various mechanisms and factors that drive changes to loyalty programs.
Airlines want to reverse rule mandating refunds instead of vouchers
While the DoT made a consumer friendly move, airline lobby groups aren’t happy and are citing saving airline jobs as the reason why they should give customers vouchers instead of actual refunds.
After Chase gives $100 credit, other banks may follow suit
Chase preemptively reimbursed certain customers $100 as their Chase Sapphire Reserve annual fees were about to hit soon. As recession looms, I analyze the business reasons behind the decision and how other banks could follow suit.
Limited time Amex points transfer bonus ends soon
Currently, Amex is offering a limited time bonus. For every Membership Rewards point you transfer to Hilton, you’ll earn a 50% bonus. In this post, I discuss the details of the offer and how you can maximize it.
Is this recession the end of the road for travel influencers?
In this post, I discuss how travel influencers work and how the recession is going to impact them. Also, I take a closer look at some of the cultural reasons that drives the celebrity culture to thrive.
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