Tourism

STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
June 03, 2024  |  Travel Payments

The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider...

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Tencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent Simplifies Process of Linking International Cards With Weixin Pay
April 12, 2024  |  Cross-border Payments

Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay.  In addition, Weixin...

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AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
March 11, 2024  |  Artificial Intelligence

Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the...

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Travelex CEO Says Travelers Getting Smarter About Managing FX Risks
Travelex CEO Says Travelers Getting Smarter About Managing FX Risks
March 07, 2024  |  Travel Payments

The travel industry is on a strong rebound post-pandemic, experiencing a notable resurgence in activity and revenue. And despite the rise of digital payments methods, Richard...

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Booking Holdings Sounds Optimistic Tone on Connected Travel For 2024
Booking Holdings Sounds Optimistic Tone on Connected Travel For 2024
February 22, 2024  |  Earnings

The leisure travel industry is alive and well at Booking Holdings. The parent company of Priceline, Kayak, Booking.com and other connected economy hospitality brands reported record fourth...

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Airbnb Adds Tools to Promote Tourism, Enforce Short-Term Rental Laws
Airbnb Adds Tools to Promote Tourism, Enforce Short-Term Rental Laws
February 22, 2024  |  Travel Payments

Airbnb has expanded its City Portal to more than 430 jurisdictions worldwide over the past three years. Launched in 2020, the City Portal provides local...

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US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
US Retailers Benefit From Offering APAC Travelers Their Preferred Payment Methods 
December 06, 2023  |  Payment Methods

Wei Jiang, co-founder, president and COO at Citcon, told PYMNTS in a recent interview that the travel rebound is a long-standing trend — and one that...

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Visa: Americans Keep Traveling Despite Rising Costs
Visa: Americans Keep Traveling Despite Rising Costs
November 28, 2023  |  Travel Payments

Rising costs haven’t stamped out the travel bug for Americans, a new Visa survey shows. The new edition of the Visa Global Travel Intentions Study, released Tuesday...

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Agoda and Mastercard Strengthen Partnership on Travel Industry B2B Payments
Agoda and Mastercard Strengthen Partnership on Travel Industry B2B Payments
October 30, 2023  |  B2B Payments

Singapore-based digital travel platform Agoda expanded its partnership with Mastercard to enhance B2B payments within the travel and tourism industry. The collaboration aims to address the increasing digitalization...

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