Red Planet Japan (RPJ), the subsidiary of Bangkok-based Red Planet Hotels, has introduced a shareholder benefits programme for 2020 that allows its shareholders to stay at the group’s hotels across Asia at discounted rates.
The programme is designed to reward shareholders’ loyalty as well as allow them to explore RPJ’s hotel footprint in Japan, Thailand, Indonesia, and the Philippines, said the company in a statement.
Under RPJ’s new programme, shareholders holding at least 500 shares at the end of each half-year period are eligible for discounts at all Red Planet hotels across Asia.
Red Planet’s programme is tiered, so that larger shareholders will be granted greater discounts. Hereby, shareholders owning 500 to 2,500 shares will receive a 10 per cent discount off the best available rate on Red Planet’s website.
Shareholders owning 2,501 to 10,000 shares will receive a 20 per cent discount, while larger shareholders will receive 30 per cent off.
These discounts are in addition to the 10 per cent discount provided to Red Planet Hotels loyalty programme members.