“Whether traveling for business or for pleasure, travellers have very high expectations from the brands that they depend on to make their experience memorable,” said Nalin Vij, SVP & Global Head – Travel, Transportation & Hospitality. “The technology around personalisation is available, but our survey found that most travellers are disappointed in how effectively their travel provider offers a custom-fit ecosystem. This is a challenge travel brands need to address, as many are still burdened with their investments in legacy systems.”
The survey found that the most common reasons why travellers don’t use offers that they receive are that they don’t arrive at the right time, expire before they can be used, don’t offer enough savings or don’t apply to their areas of interest. Most respondents (88 percent) indicate that they are more loyal to a brand that offers relevant deals. Almost half (47 percent) of respondents said they would be open to paying a premium of at least 17 percent for more contextual and relevant offers. Yet only 22 percent of respondents say travel providers always recognise them as a past customer.
The survey also revealed that leisure activities are an integral part of travel for 92 percent of respondents who do so for business. This opens up further opportunities for providers to introduce relevant leisure offers to encourage a richer experience as business travel presents increased opportunity for leisure activities.
Mindtree recommends travel providers take the following steps to deliver more personalised experiences:
Integrate data silos for a more accurate view of customers from multiple digital touch points.