Good morning from Skift. It’s Tuesday, September 12. Here’s what you need to know about the business of travel today.
25.08.2023 - 14:01 / skift.com / Sean Oneill
Accor plans to broaden its subscription cards to be more global, granting members discounts and perks worldwide instead of regionally, the Paris-based hotel giant said Tuesday.
Until now, Accor only offered subscription cards in a few regional markets: Asia Pacific, India, China, and Brazil. The new program, called All Plus, will give travelers worldwide access to discounts at hotels in selected brands at 4,000 properties across 100 countries, plus ways to accelerate their status in Accor’s loyalty program.
“Our ambition is to capture more of the frequent traveler market that is asking for both rational value and peace of mind when traveling with their company or for pleasure,” said Mehdi Hemici, chief loyalty and e-commerce officer. “We believe that the subscription model is one way to address peace of mind by reducing friction, which will build greater loyalty.”
Cardholders accelerated their Accor bookings between 35 percent and 45 percent, Accor estimated.
“We’ll be taking market share away from our competitors,” Hemici said.
Accor’s move is the latest attempt by travel companies to create subscription-based products as the new frontier in inspiring customer loyalty. Example includes eDreams Odigeo’s club to access discounts, Selina’s subscription stays for digital nomads, CitizenM’s discount program, and Inspirato’s pass for access to luxury lodgings. (Get context from Skift Research’s recent report, Subscriptions and Memberships in Travel 2022.) IHG has long had an “ambassador program” where travelers can pay a fee, typically $200 a year in the U.S., to essentially get many perks ordinarily reserved for higher-level status members in its loyalty program. But IHG hasn’t run it as a subscription model as envisioned by Accor.
“Subscriptions are a very big trend in most other industries, and we want to consolidate our leading position into this space among hotels,” said Maxime Gareau, vice president, membership subscription development. “Subscriptions let us provide our best customers with unparalleled booking conditions.”
Frequent users of Accor’s upscale hotels are the target of the new All Plus Voyageur program, where paying members get a 20 percent discount at ten of Accor’s luxury and premium hotel brands and a 15 percent discount in nine of its midscale and economy brands. Another perk is silver status in Accor’s loyalty program, which offers the complimentary option of a check out as late as 3 pm. Prices will vary by market. In France, for example, the cost will be about $213 (€199) a year. In Portugal and some other countries, it will be cheaper.
Road warriors who frequent economy lodgings may prefer the cheaper All Plus Ibis card that will offer a 15 percent discount at Ibis, Ibis Styles,
Good morning from Skift. It’s Tuesday, September 12. Here’s what you need to know about the business of travel today.
Middle East-based online travel marketplace Wego has acquired corporate travel platform Travelstop as part of its expansion into business travel and expense management.
Good morning from Skift. It’s Friday, September 1. Here’s what you need to know about the business of travel today.
From today’s Daily Lodging Report newsletter: Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries for the first time as part of its plans to open 25 new luxury hotels in the Asia Pacific region over the next few years. That’s up from the 33 luxury hotels it currently runs in the Asia Pacific.
Can hotels exert more influence in policy-making? Where will future development growth come from? Is generative AI relevant to the hotel sector? These and other subjects will be top of mind for us as we interview top bosses at Hilton, Hyatt, Accor, and other hotel leaders on-stage at the Skift Global Forum in New York on September 26-28.
As announced in mid-2022, Accor is now in the process of reorganizing its operational structure into two divisions, the hotel group stated Tuesday.
Travel has always offered an escape from the ordinary. But it has classically offered escapism by creating what you might call “sensory deprivation bubbles.” It conjured the fantasy that troubles didn’t exist within the space of their resorts, cruise ships, theme parks, and first-class cabins.
While 2022 was a post-pandemic boom year for hotel demand in much of the world, total global hotel investment volume decelerated slightly to $71.9 billion, a decline of 2 percent relative to 2021. The relative lack of outbound Chinese hotel investment, the Russian war in Ukraine, and recessionary pressures in several markets tamped down the pace of growth.
Cendyn, a software company that offers customer relationship management, digital marketing, and operations tools to hotels, has hired a new chief executive.
Accor, the Paris-based hotel giant, will reveal on Thursday a new global “soft” brand, Handwritten Collection, featuring so-called lifestyle hotels. These mid-priced properties have funky furniture and buzzy restaurants and bars but don’t offer the full services of a premium boutique.
Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.
Hyatt Hotels Corp., which enjoyed a blockbuster financial performance in 2022, forecasted Thursday continued success this year, especially in the first half. The company expects to benefit from growing consumer interest in its lifestyle, luxury, and resort properties, returning group reservations for its banquet halls, and an expanding room count.