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Airlines and Hotels Shift Loyalty Rewards to Experiences

1/5/2026

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Story summary
  • Airlines, banks, and hotels are revamping loyalty programs to let members redeem points for experiences.
  • Travelers can use airline miles for World Cup tickets, backstage Broadway tours, and dinners with star chefs.
  • Experts say the shift toward experiences aims to attract travelers in a competitive loyalty market.
  • Some programs have devalued points and reduced benefits, fueling member dissatisfaction.
  • Overall, loyalty now centers on unique experiences rather than monetary rewards.