Some of the biggest banks in Europe are mulling a cut in business trips post-pandemic by as much as 50 percent, Financial Times reported. The decision stems from the success during the global COVID-19 pandemic of conducting business remotely, saving banks time and money. The...
After almost a year of a steady drumbeat of disastrous results out of the industry as a whole, airlines are starting to show up with increasing bookings figures and a sunnier outlook on the future. Last week both Southwest and American Airlines joined the growing...
The buy now, pay later (BNPL) provider Uplift has formed a new partnership with Southwest Airlines, a move that the company says will allow customers to book flights to more than 100 destinations and pay for their trips over time. “Uplift is seeing strong pent-up...
The global pandemic shut business travel down a little over a year ago as workers relocated to their home offices and physical interactions between colleagues more or less rolled up the sidewalk for most of 2020. According to a business travel trade association, business travel...
Travel and entertainment platform TripActions is collaborating with Visa to support the expansion of “digital-first payment solutions for business travel,” according to a Tuesday (April 20) announcement emailed to PYMNTS. The partnership will bring together Visa’s offerings and TripActions’ infrastructure to support expense management for...
Expedia is making a move to reposition its brand strategy as the company looks to assist the consumer travel segment with increased attention instead of focusing only on booking volume. “For the past 25 years, we’ve been focused on volume and transactions as our way...
As travel resumes after the COVID-19 pandemic, Airbnb will need a bevy of new hosts to house travelers. The home sharing site currently has 4 million hosts, CNBC reported. “To meet the demand over the coming years, we’re going to need millions more hosts,” Airbnb...
Universal Air Travel Plan (UATP) will expand its partnership with PayPal to include “Pay in 4,” a program that lets consumers pay for their airfare in four interest-free payments, the global payment network said in an announcement on Wednesday (April 14). Under the program, tickets...
By the numbers, saying the travel industry had a terrible year is a massive understatement. In the wake of a global pandemic, the year was so bad that apocalyptic only barely covers it. The travel industry closed the books on 2020 with $1.1 trillion (with...
