Travel Payments

Travel Payments
Sabre Adds AI-Powered Tool to Customize Lodging Options
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 and offer more personalized lodging options, the company said in a Monday (Aug. 14) press release....

Travel Payments
Business Travel Costs Expected to Keep Climbing
August 10, 2023

Global business travel and events costs are expected to keep climbing through the remainder of 2023 and into 2024. However, lingering economic uncertainty and a gradual easing of supply-side constraints are likely to result in more subdued price increases than the record hikes during 2022,...

Travel Payments
Expedia Sees ‘Tremendous Momentum’ in B2B Segment
August 04, 2023

Travel website Expedia has a well-known consumer-facing website, but it also delivers a growing number of products behind the scenes. The company is seeing “tremendous momentum” in its B2B business, Expedia Group Vice Chairman and CEO Peter Kern said Thursday (Aug. 3) during the company’s...

Travel Payments
TripAdvisor’s Revenue Grows 18% as Consumers Seek Experiences
August 03, 2023

Consumers are hungry for experiences, and that’s been good news for TripAdvisor. The travel service announced second-quarter 2023 earnings results Thursday (Aug. 3) that showed its experience earnings surpassing its hotel earnings for the first time, with overall revenue growth up 18%. “[O]ur data from...

Travel Payments
Domestic Airlines Struggle as Consumers Embrace Global Travel
August 03, 2023

This summer has brought a travel boom. Just not in the way airlines might have expected. As Bloomberg News reported Thursday (Aug. 3), travelers seem to want to take international trips, which has left domestic airlines slashing prices and feeling strained, with JetBlue lowering its outlook for the year, and...

Travel Payments
Tripadvisor Uses AI to Personalize Travel Itineraries
July 19, 2023

Tripadvisor has added an artificial intelligence (AI)-powered travel itinerary generator to its travel guidance platform. This new addition to the company’s Trips product uses OpenAI’s generative AI technology to craft personalized travel itineraries based on insights from travelers’ reviews and opinions posted on the platform, Tripadvisor said...

Travel Payments
Expedia, Hotels.com and Vrbo Join Forces in One Loyalty Program
July 17, 2023

Expedia Group has unveiled a new loyalty program that rewards travel and hospitality business across the company’s portfolio. This single loyalty program called One Key unifies the travel brands Expedia, Hotels.com and Vrbo into one rewards program, allowing travelers to earn and use rewards more...

Travel Payments
Mastercard and Nirvana Travel Team on Digital Payments in Middle East
July 14, 2023

Mastercard and travel agency Nirvana Travel and Tourism are partnering to provide a payment solution to customers who book travel services in the United Arab Emirates, Saudi Arabia, Egypt and Jordan. The collaboration combines digital and contactless payment technology for consumer and business travel, the companies said in a Thursday...

Travel Payments
Hotel Equities Partners With Grazzy and Visa Direct for Digital Tipping
July 11, 2023

Hotel Equities has launched a digital tipping platform powered by Grazzy and Visa Direct. The platform provides guests staying at any of the firm’s hotels with a convenient, secure and cashless way to leave tips for housekeeping, front desk, and other hotel staff, Hotel Equities said in...