Travel industry software provider Sabre has announced the results of its collaboration with FinTech Revolut. The two tech companies said Wednesday (Feb. 7) that they were able to onboard more than 40 customers in less than a year, with Revolut’s virtual cards now being generated within the Sabre Virtual Payments...
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is in talks with banks to lead the sale, Reuters reported Monday (Sept. 18), citing unnamed sources....
Sabre has added artificial intelligence (AI)-powered lodging capabilities for travel agencies. Lodging AI, the newest addition to the Sabre Travel AI suite of solutions, helps travel agencies improve hotel attachment rates and offer more personalized lodging options, the company said in a Monday (Aug. 14) press release....
Increasing optionality in travel payments is helping to keep the sector’s rebound rolling. Al Enes, vice president of gig economy and travel at payments platform Nuvei, told PYMNTS it’s no mystery that two-plus years of pent-up demand was unleashed early in the year and led...
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 company Travelex, tells PYMNTS that the continued use of cash as the primary payment method for cross-border travel is fueling the increase in travel industry revenue. […]
December 05, 2022
Increasing optionality in travel payments is helping to keep the sector’s rebound rolling. Al Enes, vice president of gig economy and travel at payments platform Nuvei, told PYMNTS it’s no...
August 03, 2018
No more plastic. And no more relying solely on virtual cards. Companies need transparency when it comes to booking and paying for road warriors’ trips. Hyperwallet MD Bill Crowley weighs...
February 07, 2024
Travel industry software provider Sabre has announced the results of its collaboration with FinTech Revolut. The two tech companies said Wednesday (Feb. 7) that they were able to onboard more than 40 customers in less than a year, with Revolut’s virtual cards now being generated within the Sabre Virtual Payments platform. This allows customers to easily and securely pay airlines, […]
September 18, 2023
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is...
August 14, 2023
Sabre has added artificial intelligence (AI)-powered lodging capabilities for travel agencies. Lodging AI, the newest addition to the Sabre Travel AI suite of solutions, helps travel agencies improve hotel attachment rates...
April 25, 2017
To help increase productivity and efficiency while reducing fraud, poor cash flow management and manual reconciliation for travel agencies, Amadeus has partnered up with U.S. Bank to launch its Amadeus...