PYMNTS-MonitorEdge-May-2024

corporate travel

Delta Reports Business Travel Up 14% YOY
Delta Reports Business Travel Up 14% YOY
April 10, 2024  |  Travel Payments

Delta Air Lines has seen growing demand for both leisure and business travel. That’s according to company executives, who also announced that Delta delivered record revenue...

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Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel
Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel
April 02, 2024  |  Acquisitions

Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona...

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Business Travel Reporting Starts With Central Expense Management
Business Travel Reporting Starts With Central Expense Management
April 02, 2024  |  Travel Payments

It’s a new era for business, and that means it’s a new era for business travel. And against today’s backdrop, where every dollar of working...

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AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
March 11, 2024  |  Artificial Intelligence

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...

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Amadeus Acquires Voxel to Bolster Travel Payments Services
Amadeus Acquires Voxel to Bolster Travel Payments Services
March 11, 2024  |  Acquisitions

Amadeus has acquired Voxel, a B2B payments solution provider for the travel sector. The purchase, announced Monday (March 11) adds Voxel’s eInvoicing and B2B payments tools to the...

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Businesses Reconsider Travel Amid Cost-Cutting and Environmental Concerns
Businesses Reconsider Travel Amid Cost-Cutting and Environmental Concerns
February 25, 2024  |  Travel Payments

Business travel has changed for thousands of workers, thanks to COVID, cost-cutting and environmental worries. That’s according to a Sunday (Feb. 25) Financial Times (FT)...

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United Airlines Sees Business Travel Returning Despite Industry Headwinds
United Airlines Sees Business Travel Returning Despite Industry Headwinds
January 23, 2024  |  Earnings

The airline industry hasn’t had it easy in recent years. From the pandemic to macro headwinds impacting both workforce and supply chain realities, to the...

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Conferma Pay and Mastercard Partner on Expense Management Solutions
Conferma Pay and Mastercard Partner on Expense Management Solutions
December 06, 2023  |  Spend Management

Conferma Pay and Mastercard expanded their partnership to enhance expense management and hotel reconciliation for employees and corporations. The collaboration will enable mobile virtual card payments, providing a...

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Spendesk Integrates With TravelPerk to Streamline Business Travel
Spendesk Integrates With TravelPerk to Streamline Business Travel
November 10, 2023  |  Partnerships

Spend management solution Spendesk has announced a new integration with global travel management platform TravelPerk. “Business travel and smart spend management go perfectly hand in hand,” Spendesk said...

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