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Travel Hacking 101 MICHAEL WU & DANIEL TAHARA
52

Travel Hacking 101

Jan 12, 2017

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Page 1: Travel Hacking 101

Travel Hacking 101MICHAEL WU & DANIEL TAHARA

Page 2: Travel Hacking 101

1. Travel for Cheap2. Loyalty Programs3. Travel For Free

Outline

4. Status, Perks, and Tips

Page 3: Travel Hacking 101

1. Travel for Cheap2. Loyalty Programs3. Travel For Free

Outline

4. Status, Perks, and Tips

Page 4: Travel Hacking 101

t1 Travel for Cheap

Page 5: Travel Hacking 101

t1 Travel for Cheap

Page 6: Travel Hacking 101

t1 Travel for Cheap

Page 7: Travel Hacking 101

t1 Travel for Cheap

Page 8: Travel Hacking 101

t1 Travel for Cheap: Flights

Know your tools

Page 9: Travel Hacking 101

t1 Travel for Cheap: Flights

Page 10: Travel Hacking 101

Google Flightst1 Travel for Cheap: Flights

Page 11: Travel Hacking 101

t1 Travel on the Cheap

ITA Matrix - matrix.itasoftware.com

t1 Travel for Cheap: Flights

Page 12: Travel Hacking 101

OTA - online travel agencies

t1 Travel for Cheap: Flights

Page 13: Travel Hacking 101

Tip: The DoT stipulates that all plane tickets sold in the U.S.

must be refundable for 24 hours

t1 Travel for Cheap: Flights

Page 14: Travel Hacking 101

You can add stopovers to many international flights for free /

reasonable fee in the connecting city

t1 Travel for Cheap: Flights

Page 15: Travel Hacking 101

When should you book to get a good deal?

t1 Travel for Cheap: Flights

• Holidays - book ASAP • Domestic prices increases travel 4-5 weeks in

advance, but before then are fairly stable • The best deals come out 2-3 months in advance

Page 16: Travel Hacking 101

t1 Travel for Cheap: Hotels

Where to Find?

Price Comparisons: Kayak, Trivago, Hipmunk

Reviews: TripAdvisor

Page 17: Travel Hacking 101

t1 Travel for Cheap: Hotels

Page 18: Travel Hacking 101

t1 Travel for Cheap: Hotels

Where to book?

OTAs (Orbitz, Expedia, hotels.com, etc.)

Direct with Hotel

Page 19: Travel Hacking 101

t1 Travel for Cheap: Hotels

Best Rate Guarantees

Discounted or Free nights Points

Rewards

Page 20: Travel Hacking 101

1. Travel for Cheap2. Loyalty Programs3. Travel For Free

Outline

4. Status, Perks, and Tips

Page 21: Travel Hacking 101

t2 Travel for Free: Loyalty programs

Page 22: Travel Hacking 101

Earning: (Generally) 1 mile/mile flown

Some programs x miles/$ (United, Delta, Southwest, Virgin)

Redeeming: 25k RT within the US

50-80k RT to Asia 50-60k RT to Europe

t2 Travel for Free: Loyalty programs

Page 23: Travel Hacking 101

Tip: Stick within an alliance / airline

t2 Travel for Free: Loyalty programs

Page 24: Travel Hacking 101

How many miles am I earning?

t2 Travel for Free: Loyalty programs

http://www.wheretocredit.com/

Where should I credit my flights?

Page 25: Travel Hacking 101

t2 Travel for Free: Loyalty programs

• Last minute award availability • Good for certain airlines • Gives you flexibility, saves you money

• You can add stopovers to many award flights for free / reasonable fee

• Cancellation and change fees are usually less than paid tickets

Benefits of award flights

Page 26: Travel Hacking 101

t2 Travel for Free: Loyalty programs

Don’t forget about foreign programs!

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t2 Travel for Free: Loyalty programs

Examples

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t2 Travel for Free: Loyalty programs

• 20,000 Singapore miles + $5.60, one way United BusinessFirst from San Francisco to New York

• 62,500 Aeroplan miles + $455 one way Lufthansa First Class San Francisco to Frankfurt

Page 29: Travel Hacking 101

Tip: If you don’t collect miles but want to fly a premium cabin, you can buy miles from the

airlines and redeem for an award at ~10-20% of the normal ticket cost

t2 Travel for Free: Loyalty programs

Page 30: Travel Hacking 101

t2 Travel for Free: Loyalty programs

Hotel points

• Generally tied to a fixed number of points/$ spent

• Hotels in chains have different categories, which influences how much a free room costs/night

• Nicer rooms in hotels costs more points • Point cost doesn’t change, just availability

Page 31: Travel Hacking 101

t2 Travel for Free: Loyalty programs

Hotel points

Club Carlson 0.4 cents/point Hilton HHonors 0.4 cents/point Hyatt Gold Passport 1.4 cents/point IHG Rewards 0.5 cents/point Marriott Rewards 0.8 cent/point Starwood Preferred Guest 2.2 cents/point

Page 32: Travel Hacking 101

t2 Travel for Free: Loyalty programs

Train travel??

Page 33: Travel Hacking 101

1. Travel for Cheap2. Loyalty Programs3. Travel For Free

Outline

4. Status, Perks, and Tips

Page 34: Travel Hacking 101

t3 Travel for Free: Credit Cards

Page 35: Travel Hacking 101

t3 Travel for Free: Credit Cards

Transferrable Bank Points: Transfer 1:1 to an airline program

Fixed Bank Points: Usually 1 cent/point

Airline Points: 1 mile in their program

Page 36: Travel Hacking 101

t3 Travel for Free: Credit Cards

Page 37: Travel Hacking 101

t2 Travel for Free: Transferable points

Page 38: Travel Hacking 101

t3 Travel for Free: Credit Cards

Page 39: Travel Hacking 101

t3 Travel for Free: Credit Cards

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t3 Travel for Free: Credit Cards

What about my credit score?

Inquiries Utilization

AAoA/Payment History

Page 41: Travel Hacking 101

1. Travel for Cheap2. Loyalty Programs3. Travel For Free

Outline

4. Status, Perks, and Tips

Page 42: Travel Hacking 101

t4 Status, Perks, and Tips

Airline Lounges

Page 43: Travel Hacking 101

t4 Status, Perks, and Tips

Page 44: Travel Hacking 101

t4 Status, Perks, and Tips

Elite status

Page 45: Travel Hacking 101

t4 Status, Perks, and Tips

Page 46: Travel Hacking 101

t4 Status, Perks, and Tips

Common Perks: • Free upgrades • Earn extra miles • Priority security lines / service • Waived fees

Bonus Perks: • Companion Pass

• Southwest (unlimited, free) • Alaska (single-use, taxes)

Page 47: Travel Hacking 101

t4 Status, Perks, and Tips

How do you get status?

Fly?

Page 48: Travel Hacking 101

t4 Status, Perks, and Tips

How do you get status?

Fly? Maybe a little… but smart flying, status matching and status challenges are easier

Page 49: Travel Hacking 101

t4 Status, Perks, and Tips

Hotel status?

Many hotel credit cards will offer mid-lower tier status Free upgrades, early check-in, late check-out, free amenities, breakfast, etc.

Page 50: Travel Hacking 101

t4 Status, Perks, and Tips

Page 51: Travel Hacking 101

t5 Next steps

• Million Mile Secrets • ThePointsGuy • Milenomics (for a different take)

Read up on the basics

Page 52: Travel Hacking 101

t5 Next steps

• Doctorofcredit • Free-quent Flyer • Travelisfree • Saverocity (network)

• Matt from Saverocity • Chasing the Points

• BoardingArea (network) • Many, many more

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