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Investor Presentaiton

Branding Benefits - The Role of Branding in Loyalty ā˜ Brands have higher rates of customer loyalty and engagement 80% of frequent business travelers use loyalty programs as part of their booking decision Loyalty program members have been shown to spend 62% more room nights with their preferred chain than non-members and spend 3.10x the amount of non-members annually, on average Top-tier guests have been shown to spend on average $16,800 a year at their preferred chain vs. $470 annually for non-member guests, and $860 for entry-tier guests Loyalty program members can contribute upwards of 60% of occupancy on average on any given night and an even higher percentage of revenues as tiered guests spend more Limited overlap in highest tier loyalty members PLAYA 1) HOTELS & RESORTS" 2) Source: Deloitte, Winning the Race for Guest Loyalty, 2014: Jennings, S. & Giorgio, P. Hyatt Hotels 2016 analyst day slide deck 20 20
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