Former Wall Street trader Vivian Tu is the CEO and founder of Your Rich BFF Media, with 2.2 million followers on Instagram and 672,000 subscribers on YouTube. In his recent YouTube short, Tu explained how wealthy people can take advantage of offers from various companies to earn “hidden” travel perks that most people don't know about.
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Here are specific examples that Tu cited in the video, as well as other ways you can reap the benefits of travel.
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Hotel stock investment elite status and rewards
As Tu pointed out, certain hotel chains offer discounts, status and perks to shareholders who invest in their stock. For example, Accor offers one of the best shareholder benefits and holders of even 1 share can qualify for the “Accor Live Limitless'' Gold Card, which offers VIP status and benefits. Masu. However, please note that this only applies to registered shares with the specific name of the owner printed on them. Bearer shares are electronic and are the type most commonly used in day-to-day stock trading, and he needs 50 shares to receive this benefit.
IHG, the parent company of 19 hotel brands including InterContinental, Crowne Plaza, Holiday Inn and Kimpton, offers a dedicated, controlled-access website for shareholders to take advantage of discounts. Please note that to be eligible, the shareholder must register the certified shares with her IHG registrar.
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Onboard Credit for Cruise Stock Ownership
The world's three largest cruise companies each offer perks to their shareholders. Here are the details:
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Carnival Corporation: Carnival Corporation offers its North American brands a $50 onboard credit for cruises of 6 days or less, a $100 onboard credit for cruises from 7 to 13 days, and a $250 onboard credit for cruises longer than 13 days. onboard credits if you own at least 100 ships. KK.
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Royal Caribbean Group: Shareholders with a minimum of 100 shares will enjoy onboard credits of $50 on cruises of five nights or less, $100 on cruises of six to 13 nights, $250 on cruises of 14 nights or more, and $1,000 on world cruises.
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Norwegian Cruise Line Holdings: If you own 100 or more shares of Norwegian Cruise Line Holdings stock, you will receive a $50 onboard credit for cruises of 6 days or less, a $100 onboard credit for cruises of 7 to 13 days, and a $250 onboard credit for longer cruises. You can enjoy
Note that each of these companies owns several different cruise lines, and in most cases applies to all cruise lines. For example, Norwegian Cruise Line Holdings owns Regent Seven Seas and Oceania as well as its namesake brand, Norwegian Cruise Line. Royal Caribbean Group owns Celebrity Cruises and Silversea Cruises, and Carnival owns a whopping nine shipping lines, including Carnival, Princess, Holland America, Seabourn, and Cunard.
Elite airline status and benefits
Unlike hotels and cruise lines, no U.S.-based airlines offer status benefits or “onboard credits.” However, if you're active in the credit card rewards game, you can earn hefty travel rewards just by owning the card.
Most airline-related credit cards come with a variety of benefits, from free baggage and priority boarding to rental car insurance, travel insurance, and lost baggage protection. Some elite cards allow account holders to earn status through access to airline lounges or by quickly accumulating elite qualifying miles.
Accumulate points and miles
If you manage your spending carefully, airline and hotel loyalty programs can be highly profitable. In any case, if you fly with a particular airline or stay at a particular hotel, it is in your best interest to sign up for that airline's loyalty program.
After a certain period of time, you may earn enough credits to pay for a free flight or hotel stay. To take advantage of perks, try to stay loyal to a particular airline or hotel chain to accumulate perks faster. In this way, a small investment of time can lead to lucrative perks.
conclusion
There are many ways to direct your travel spending to reap real benefits. Although Tu points out the shareholder benefits that can actually be obtained by purchasing stock in various travel companies, there are other ways to earn many travel benefits, such as credit cards and rewards programs. there is.
With a little research, you can find the program that will give you the most value.
GOBankingRates Details
This article originally appeared on GOBankingRates.com: “Your Richest Friend” Vivian Tu: How Rich People Can Reap Hidden Travel Perks Through Investing
