The Hoops beat the drop despite losing in dramatic fashion at Etihad Stadium as Manchester City were crowned champions on the final day.
And Bowen believes the Rs can now build for a promising future among England's elite, telling the club's official website: "This club can now make giant strides. Everybody involved realised what that final day was all about."
He went on: "If we had gone down, this time next year we could have failed to get into the play-offs, or even slipped up within the play-offs.
"But I can guarantee you that this time next year we will be in a lot healthier position.
"We are going to have a nice summer where we can relax, but we will look forward to returning now we're still in the Premier League.
"We have got a nice pre-season tour ahead of us to focus on next."
Source: PA
Source: PA