Tourism/page/2 news and trends

Travel Platforms Reroute Strategies to Elevate Customer Engagement
Travel Payments // 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 enhancing its One Key loyalty program with a co-branded credit card and expanding its global...

Gen Z Drives Travel Spending Surge for Live Events
Travel Payments // July 22, 2024

As young consumers look for meaningful, in-person experiences, more are traveling for ticketed events, driving vacation spending. A recent report from Allianz Partners found that 1 in 4 U.S. consumers intends to “travel to a destination to attend a major pop culture event,” and that...

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

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 of data, analytics and insights for the global hospitality industry, and Tourism Economics, a provider of intelligence on the economy...

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

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 Pay is exploring interoperability with more overseas eWallets, Tencent said in a Friday (April 12) press release.  Overseas users can register...

Interviews & Exclusives
Travel Platforms Reroute Strategies to Elevate Customer Engagement

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 enhancing its One Key loyalty program with a co-branded credit card and expanding its global reach to boost cross-brand engagement. Airbnb is prioritizing unique experiences […]

Gen Z Drives Travel Spending Surge for Live Events

July 22, 2024
As young consumers look for meaningful, in-person experiences, more are traveling for ticketed events, driving vacation spending. A recent report from Allianz Partners found that 1 in 4 U.S. consumers...

AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket

March 11, 2024
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 digital transformation of business and...

Travelex CEO Says Travelers Getting Smarter About Managing FX Risks

March 07, 2024
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 Wazacz, CEO at foreign exchange...

Quick Reads
STR, Tourism Economics Say Cost of Living Impacts Hotel Performance

June 03, 2024
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 of data, analytics and insights for the global hospitality industry, and Tourism Economics, a provider of intelligence on the economy and the travel sector, in a Monday (June 3) press […]

Tencent Simplifies Process of Linking International Cards With Weixin Pay

April 12, 2024
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 Pay is exploring interoperability with...

Airbnb Adds Tools to Promote Tourism, Enforce Short-Term Rental Laws

February 22, 2024
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 governments and tourism organizations with...

Visa: Americans Keep Traveling Despite Rising Costs

November 28, 2023
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 (Nov. 28), shows that while...