Airbnb has launched a service for potential hosts who are pressed for time. The company’s Co-Host Network lets property owners find help with things like setting up listings, managing bookings and communicating with guests directly from the Airbnb app, according to a Wednesday (Oct. 16) news...
As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize honors AI pioneers in protein science. This week in AI has been one of advancements across industries as varied as...
The Federal Trade Commission (FTC) plans to require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement a comprehensive security program. This plan is part of a proposed settlement order regarding the FTC’s charges that three large data breaches from 2014 to 2020 resulted from...
Commerce technology firm FreedomPay launched a partnership with financial infrastructure platform Stripe. The collaboration aims to “unify commerce” by allowing businesses to use Stripe for online and in-person payments along with their existing commerce tools, according to a Wednesday (Oct. 9) press release. The goal...
September 23, 2024
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time payment solutions could revolutionize the industry. The PYMNTS Intelligence report “From Trips to Tips: How Faster Payments Can Elevate Travel and Hospitality” revealed that improved […]
August 16, 2024
As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is...
August 15, 2024
Travel spending is on a trajectory to reach an all-time high in 2024, making staffing for travel companies an even greater priority than ever. Outdated payment systems, however, have long...
July 26, 2024
Instant payments have become a mainstay for small to mid-sized businesses (SMBs) in the hospitality sector. For example, more hospitality SMBs used instant PayPal to send payments than used any...
November 01, 2024
The Access Group has entered into an agreement to acquire Paytronix, saying it aims to integrate the companies’ solutions and deliver an enhanced suite of products and services to hospitality and convenience store businesses around the world. Paytronix is based in the United States and provides a guest engagement platform for restaurants and convenience stores, […]
October 16, 2024
Airbnb has launched a service for potential hosts who are pressed for time. The company’s Co-Host Network lets property owners find help with things like setting up listings, managing bookings and...
October 11, 2024
As artificial intelligence (AI) avatars transform remote collaboration and personalized shopping guides redefine eCommerce, data security and corporate espionage concerns intensify. Meanwhile, the Nobel Prize honors AI pioneers in protein...
October 09, 2024
The Federal Trade Commission (FTC) plans to require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement a comprehensive security program. This plan is part of a proposed settlement order...