As peak summer travel season closes in fast and with flights, hotels and restaurant prices all inflated, more people are opting to ditch that model and rent a recreational vehicle (RV). The economics of RV rentals are favorable in several ways, Co-founder and Chief Marketing...
Payments FinTech Nuvei has integrated its platform with travel software firm Sabre. The integration, announced Tuesday (April 25), will let Sabre offer its partners a “superior customer payments experience,” helping them maximize card payment approval rates, boost revenue growth, and “reduce customers lost due to...
Even as pent-up travel demand was unleashed throughout 2022 with airlines and lodgings firms reporting strong performance and outlook, the word “uncertainty” was used a lot and could be taking a more definable form as doubt has entered the picture for the travel sector in...
Amid the great travel rebound, the scramble to book flights and pay for them leads to something else entirely. Let’s call it booking envy. Log on, submit payment, and then (we’ve all been there) feel crestfallen upon finding out that the price falls days or...
As talk in payments circles turns more and more to localization and alternative payment methods (APMs), smart routing and payments orchestration is stepping up as a solution to the soft declines and complex billing issues that attend air travel, especially international. To that end, London-based...
Airline executives are optimistic about demand for travel this year, even as ticket prices climb. A Wednesday (March 15) report by The Wall Street Journal quotes the CEOs of United Airlines and Delta, both of whom anticipate consumers will get the travel bug this year....
Foreign exchange company Travelex has launched a wholesale banknote business in the Middle East. The new operation, announced Tuesday (Feb. 28), comes amid continued consumer demand for travel, which is in turn driving continued use of cash. According to a news release provided to PYMNTS,...
Some call it “revenge travel” but it’s really more of a “great escape.” This, at a time when inflation-flattened consumers are cutting back on everything — even the food they eat — yet somehow find the means to throw down for a week in … you...
Online travel agency Booking Holdings delivered a strong fourth quarter, driven in no small part by changes in its payments strategy and digital booking capabilities, notably its mobile app. On its Q4 2022 earnings call Thursday (Feb. 23), Booking Holdings CEO Glenn Fogel noted that...
