Showing posts with label Chase Travel. Show all posts
Showing posts with label Chase Travel. Show all posts

01 November, 2023

Chase Travel reveals 2023 holiday travel trends and predictions for 2024

Chase Travel, a business unit of JPMorgan Chase & Co., is providing an early glimpse into the top growing holiday destinations this year based on Chase Travel's proprietary booking data. FROSCH and Valerie Wilson Travel, part of the Chase Travel Group, also tapped their expert Travel Advisors to share their top holiday travel tips and 2024 travel predictions.

Chase Travel data show travellers are booking 2023 holiday travel slightly earlier than 2022 for both domestic and international destinations1: on average, customers are booking travel 5 days earlier for domestic trips and 8 days earlier for international trips. While the holiday season is fast approaching, it’s never too late for travellers to check out Chase Travel's exclusive thematic collections for a curated selection of world-class hotels to get inspired for their next trip.

Chase Travel’s 2023 Holiday Hot Spots(1): While cities in China (Beijing, Guangzhou, Shanghai) and Japan (Kyoto, Osaka, Tokyo) showed the strongest year-over-year holiday season growth after being closed to travellers last year, Chase travellers also drove high bookings to a number of unique, buzzing global cities and island escapes.

The top growing holiday destinations by year-over-year (YoY) growth based off proprietary Chase Travel booking data (excluding those locations closed to travellers in late 2022 and in 2023) are:

International Adventures - Whether propelled by new flight routes or by travellers’ growing interest in finding destinations that offer nature-based adventures – like Patagonia – the following destinations rose to the top of Chase Travel’s growing holiday travel list:

Christchurch, New Zealand (224% YoY growth)
El Calafate, Argentina (132% YoY growth)
Chiang Mai, Thailand (104% YoY growth)
Vienna, Austria (72% YoY growth)
Rio de Janeiro, Brazil (63% YoY growth)
Beachfront Getaways - Travelers also continue to flock to warm-weather destinations known for their beaches and vibrant cultures:
Noord, Aruba (105% YoY growth)
Miami Beach, Florida (80% YoY growth)
Roatan, Honduras (76% YoY growth)
West Palm Beach, Florida (57% YoY growth)
Playa del Carmen, Mexico (53% YoY growth)
Points Redeemed for 2023 Holiday Travel: After a year of building up points, the gift of travel is the perfect way to treat yourself (or a loved one!).

High point redemption for fall and holiday travel by state2: States with the highest value of travel sales where customers used one or more points for booking air/lodging/car rental for fall or winter travel (Oct’23 – Jan’24):

California: $199.1 million
New York: $113.2 million
Florida: $77.8 million
Texas: $64.1 million
Illinois: $49.8 million
Cities with the largest point redemption growth3: U.S. cities with highest year-over-year (YoY) growth in point redemption for air travel:
Houston: 30% YoY growth
Jackson, Wyoming: 23% YoY growth
Seattle: 15% YoY growth
Boston: 15% YoY growth
Washington D.C.: 15% YoY growth
Popular holiday destinations where Chase customers used points for booking travel1:
Vail, Colorado
Antigua, Antigua and Barbuda
Palm Springs, California
San Jose Cabo, Mexico
Calgary, Canada

21 October, 2023

Chase Travel welcomes Four Seasons Hotels and Resorts into its Luxury Hotel & Resort Collection

Chase Travel, a travel industry leader and business unit of JPMorgan Chase & Co., officially welcomed Four Seasons Hotels and Resorts, a leading luxury hospitality company, into The Luxury Hotel & Resort Collection - a top travel benefit for Chase Sapphire Reserve cardmembers.

This growing, curated network of the most sought after luxury hotels and resorts is now available in 360 markets globally. Four Seasons Hotels and Resorts will represent the largest brand in the program, with 118 properties around the world set to join – providing Chase Sapphire Reserve cardmembers with more global access to a trusted list of vetted properties with special benefits throughout their travels.

Chase Sapphire Reserve cardmembers who book participating properties through The Luxury Hotel & Resort Collection can enjoy an array of elevated, complimentary on-property benefits, including: a $100 property credit (which can be used toward dining, spa or hotel activities), daily breakfast for two, a room upgrade (if available), early check-in and late check-out (if available), and complimentary wi-fi.

“Four Seasons Hotels and Resorts is as dedicated to delivering an exceptional travel experience for its customers as we are,” says Jason Wynn, CEO of Chase Travel for JPMorgan Chase & Co. “We could not be more thrilled to offer these world-class, hand-selected properties into our distinctive hotel program for our Chase Sapphire Reserve cardmembers. This enhancement demonstrates our commitment to further expand our luxury product offerings and deliver exceptional travel benefits, at-scale."

A few standout properties now available for booking via Chase Travel include: