Rajeev Menon, president, Marriott International for Asia Pacific excluding China, speaks about the Bonvoy loyalty programme's rewards, expansion plans and hotels for millennials
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What if you could watch not one, not two, but three stops of Taylor Swift’s historic Eras tour, without selling a kidney? Or hang out with Lewis Hamilton at an F1 garage? Or fly to Sydney to watch the Australian Open, with a pit stop at the ‘back of the house’, the area from which Rafael Nadal and Novak Djokovic walk through—a ‘place you can’t buy a ticket to’?
It won’t cost you money up front, but will have you bid with carefully collected rewards points at Marriott hotels over the years. As part of Marriott’s loyalty programme, called Marriott Bonvoy, which celebrates its fifth anniversary this year, the hotel chain is looking to woo customers with ‘money-can’t-buy’ experiences.
The programme has spurred a marked increase in loyal customers from the Asia Pacific region. Just this year, for the Australian Open, Bonvoy customers have redeemed some 14 million points, says Rajeev Menon, president, Marriott International for Asia Pacific excluding China (APEC). Luxury customers are willing to build up their points base for the promise of access, he adds, fresh off the opening of India’s 150th Marriott property, at Katra, the seat of the famed Vaishno Devi temple.
In India, spiritual tourism has always existed, but expectations from accommodation have changed, he adds. Edited excerpts from an interview with Forbes India:
(This story appears in the 14 June, 2024 issue of Forbes India. To visit our Archives, click here.)