When it comes to predicting the return of business travel, the conventional wisdom is simply all over the map right now, ranging from this summer to 2023 to maybe never. However, one theme that almost all interested parties seem to agree on is that whenever...
Surviving the worst year in aviation history is, itself, an accomplishment. According to Delta Airlines CEO Ed Bastian, while pre-COVID volumes and travel practices may never fully return, the road to recovery has begun. The final destination, however, will be different, especially for the big-ticket...
Airbnb CEO Brian Chesky said there’s likely no going back to the pre-pandemic days of travel, Reuters reported. He said travel would permanently change as people looking to rent places in smaller cities and spend more time among friends and family, according to the report....
NTT DATA Hong Kong Limited (NTT DATA) has teamed with Conferma Pay to bring digital payment communications to hotels, according to an announcement emailed to PYMNTS. “Partnering with Conferma Pay is a step forward in our commitment to provide travelers with a frictionless payment experience during...
Crypto.com has put in an early bet that 2021 will see a rebound in the battered travel market. The Hong Kong-based cryptocurrency and payments platform on Monday (Jan. 11) unveiled a partnership with Booking.com that will dole out sizable discounts to users of Crypto.com’s app....
The largest bus and subway system in the U.S. is starting the new year with technology designed to speed up the collection of fares while reducing the amount of touching needed to get on board. In announcing the completion of the 18-month installation project of...
New year, same problems for the global aviation industry, as the world’s battered and beleaguered airlines struggle to recoup 20 years of passenger growth that was evaporated by just nine months of the coronavirus pandemic. According to Cirium’s 2020 Airline Insights Review and other related...
U.S. airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts’ forecasts. Moreover, airlines aren’t expected to recover until the second half of calendar 2021, according to CNBC. Among the data CNBC cited were major drops in...
Air travel was down about 77 percent on Christmas Day from last year, with 616,469 people flying on Friday, but expected to swing back up as travelers return from their holiday destinations, according to CNN Business. The Transportation Security Administration said 616,469 people flew on...
