Travel Payments

Travel Payments
Expedia Asks: Why Work From Home When You Could Work From Here?
December 14, 2020

One of the world’s largest travel websites has launched a dual-pronged promo to get record numbers of people who are currently working remotely to think outside the box –and to also pump new life into the struggling tourism industry. In a year where the pandemic...

Travel Payments
Travel Readies For Pent-Up Demand; Multi-Generational Trips On Trend
December 11, 2020

After nearly a year of social distancing and staying at home, cabin fever is really starting to sink in for many consumers. For all the ways people have digitally enhanced and enabled their lives during 2020, the reality is there are some things you just...

Travel Payments
Post-COVID Battle For Business Travel Rages
November 22, 2020

Major airlines’ CEOs were cautiously optimistic a month ago that the COVID-ravaged travel industry was staging a slow recovery, and then markets and consumer confidence soared on reports that Pfizer and Moderna were finalizing COVID-19 vaccines. But then Bill Gates — the Microsoft co-founder turned...

Travel Payments
WFH, COVID Have Changed Business Travel, Bill Gates Says
November 17, 2020

Microsoft Co-Founder Bill Gates said he sees big changes on the horizon for business travel once the pandemic is over, with drastic reductions for most companies now that people can work from home, CNBC reported. Gates said he thinks the threshold for conducting business travel...

Travel Payments
Greek Hoteliers Face Closure After Tui Puts Payments On Hold
November 12, 2020

For hotel owners struggling to survive amid the coronavirus pandemic, spring is a long way off, especially when it comes to getting paid. So it’s not surprising that Greek hoteliers are up in arms – and some even facing closure – after being told by...

Travel Payments
Conferma Pay Receives Oracle Validated Integration Designation For Link With Hotels
November 11, 2020

Oracle PartnerNetwork (OPN) member Conferma Pay has attained an Oracle Validated Integration with Oracle Hospitality Hotel Expertise for its link between Conferma Pay Connect and Oracle Hospitality OPERA, according to an announcement emailed to PYMNTS. Expertise is a central part of the OPN program and...

Travel Payments
Travel Restrictions Or Not, $100K+ Can Still Buy The Trip Of A Lifetime
November 06, 2020

At a time when the coronavirus has hit the travel industry with a 70 percent drop in bookings and what could be several years of pain ahead until things normalize, you’d think vacation deals would be easy to come by. For more run-of-the-mill type trips, that...

Travel Payments
Big Hit Looms For European Holiday Travel As COVID-19 Cases Surge
November 06, 2020

Christmas in Paris, or on the beach in the sunny Canary Islands? For would-be European travelers and holiday-goers, the answer increasingly is: not this year. As COVID-19 once again surges throughout Europe, travelers across the continent are hunkering down close to home, dealing another devastating...

Travel Payments
Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters
November 05, 2020

Booking Holdings, the world’s largest online travel company, continues to feel the weight of the pandemic, warning investors Thursday (Nov. 5) that the outbreak’s current U.S. and European surge will make it very challenging to break even this year. But the company also said that...