ISeatz Laid The Rails For Travel Loyalty & Why Sundays Are Tuesdays

ISeatz Laid The Rails For Travel Loyalty & Why Sundays Are Tuesdays

Kenneth Purcell didn鈥檛 set out to build a loyalty infrastructure juggernaut. In fact, when he founded iSeatz in 1999, the original play was online restaurant reservations. A couple of pivots, one deep market recession, and more than two decades later, the New Orleans-based company now powers loyalty travel and lifestyle booking for the biggest names in the financial and travel industries. Think Amex. Think Delta. Think over 13.7 million travelers a year and nearly $9.6 billion in transactions.

So how did iSeatz get here鈥攁nd where is it heading?

I sat down with Kenneth to learn more about his journey, the macro shifts shaping loyalty, and why personalization, not just perks, is the ultimate competitive moat.

iSeatz Moves From Fax Machines to Full-Stack Loyalty

鈥淲e started out faxing and emailing restaurant reservations to places in the French Quarter,鈥 Kenneth told me. 鈥淚t was a different era.鈥

But after OpenTable outraised them and survival looked uncertain, Purcell and his team did something classic entrepreneurs do best: pivot. The business evolved from restaurant dining packages to activities and destination services, and then鈥攂y 2006鈥攊nto a loyalty tech partner for airlines like Delta, offering non-air bookings with Skymiles integration.

By the time American Express came knocking in 2011, iSeatz had morphed again, becoming one of the first platforms to allow consumers to both earn and burn points on lifestyle bookings. The Amex partnership was a watershed moment鈥攊t introduced air sales and turned loyalty from a passive earn-only model into a transactional engagement channel.

A Platform at Scale

Today, iSeatz calls itself a platform-as-a-service company. By the end of this summer, it will officially be 鈥渢ravel-as-a-service,鈥 with full agency capabilities built into the backend. The company supports over 100 partners and processes billions in transactions, quietly helping power the platforms consumers know best鈥攆rom airlines to credit cards.

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鈥淥ur net revenue is around $100 million,鈥 Kenneth said. 鈥淎nd we run a 30% EBITDA business.鈥

That level of profitability and scale is rare in today鈥檚 venture-fueled, growth-over-everything economy. But perhaps more interesting than the numbers is the influence iSeatz has behind the scenes.

鈥淚f there’s a storm, and you鈥檙e the umbrella dealer, business is good,鈥 Kenneth quipped. 鈥淎nd right now, loyalty is in a storm.鈥

American Express, Capital One, Chase vs. OTAs – Let The Travel Wars Ensue

When I asked Kenneth where loyalty is going in an AI and blockchain world, he didn鈥檛 mince words: 鈥淭he credit card companies鈥擜mex, Chase, Capital One鈥攁re positioned to disrupt OTAs in a major way.鈥

The thesis is simple: credit card loyalty programs already own the consumer relationship. They know what you buy, when, and where鈥攅ven beyond Amazon鈥檚 reach. When coupled with AI, these insights will power a new era of hyper-personalization and utility.

鈥淚magine a world where your travel app knows your preferences, your budget, your history, and serves up a curated experience鈥攅arn and burn optimized鈥攆or just you,鈥 Kenneth said.

Think: Minority Report meets Expedia meets Venmo鈥攚ith your points as currency.

But don鈥檛 expect this currency to become freely tradable anytime soon. 鈥淭here鈥檚 no real incentive for Chase or Amex to let you trade loyalty currencies peer-to-peer鈥攗nless they own the exchange,鈥 Kenneth added.

The Consumer Purchase Shift: Why Sundays Are the New Tuesdays

Shifting Consumer Travel Purchase Behavior From Tuesday To Sunday as “Return To Work” Likely Impacts … More Consumer Behavior

The conversation turned especially fascinating when Kenneth dropped a data nugget: booking behavior is shifting. After over a decade of consistency, the day-of-week pattern for bookings changed the past few years.

鈥淪undays and Mondays are seeing significant lifts. Saturdays and Tuesdays are declining,鈥 he said. The theory? Return-to-office pressures and a renewed desire to protect family time.

More surprisingly, predictive revenue models that used to work perfectly are now getting upended at the start of each month鈥攐nly to snap back in line by month鈥檚 end.

鈥淐onsumers are still spending鈥攂ut they鈥檙e doing it differently,鈥 Kenneth said. 鈥淟ater in the cycle. More spontaneously. But not less.鈥

What鈥檚 Next: Personalization, Premiumization, and a Tectonic Shift

As credit card issuers compete to layer more value鈥擟hase with Sapphire Reserve, Amex teasing big moves鈥擪enneth sees continued growth in premium loyalty. The playbook? More perks, higher annual fees, and eventually, truly intelligent personalization.

He envisions a world where card-linked travel feels like swiping through TikTok鈥攁daptive, personalized, intuitive, and frictionless.

鈥淚 want a loyalty platform that knows I have four boys and that I鈥檓 headed to New York for a weekend. It should serve up ideas I鈥檒l actually love, not just a random list of options,鈥 Kenneth said. 鈥淭hat鈥檚 what we鈥檙e building toward.鈥

This level of personalization will separate brands who aspire to do vs. brands that deliver on 鈥測ou know me.鈥

Loyalty Is Infrastructure

As someone who鈥檚 worked on the front lines of consumer behavior and written books about trends for decades, I believe what Kenneth is building鈥攁nd what iSeatz enables鈥攊s not just a platform, but foundational infrastructure for a new type of brand relationship. With the demand for experiences climbing and technology being a key driver that enables personalization iSeatz has the potential to unlock this rising demand.

Loyalty is no longer just about free flights. It鈥檚 about salience. It鈥檚 about timing. And it鈥檚 increasingly about personalization at scale.

Or, as Kenneth put it: 鈥淲e鈥檙e just getting started.鈥

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