Travel Payments

49% of Consumers Who Canceled Travel, Entertainment Reservations Got Refunds Via Chargebacks
49% of Consumers Who Canceled Travel, Entertainment Reservations Got Refunds Via Chargebacks
December 20, 2021  |  Travel Payments

Despite the pandemic, 113 million U.S. consumers booked reservations at hotels, attractions or live events between September 2020 and September 2021. More than half —...

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Managing Travel Cancellations, Chargebacks a Balance of Empathy and Digital Tech
Managing Travel Cancellations, Chargebacks a Balance of Empathy and Digital Tech
December 20, 2021  |  Travel Payments

With 44% of the U.S. adult population saying they’ll be making use of airplanes, hotels and attractions in the coming year, and after the thrashing...

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Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
December 16, 2021  |  Travel Payments

Airline cancellations are making news again as the omicron variant brings its own disruption, refueling a drama playing out over refunds that found major airline...

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Marriott’s Promise to Divulge Resort Fees Up Front May Cause Payments Ripple Effect In Hotel Sector
Marriott’s Promise to Divulge Resort Fees Up Front May Cause Payments Ripple Effect In Hotel...
December 15, 2021  |  Travel Payments

Mysterious and much-maligned hotel “resort fees” and “amenities charges” may finally be on the run, after hospitality giant Marriott International recently became the first major...

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iOL Pay Expands Into 37 Countries to Overhaul Hotel Payments Space
iOL Pay Expands Into 37 Countries to Overhaul Hotel Payments Space
November 30, 2021  |  International

Global FinTech platform iOL Pay, a subsidiary of Illusions Online, went live in 37 countries to assist the hospitality payments space across North America, Europe,...

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Travelers Take to the Skies this Holiday Season, But Is It Wheels up on Airline Profits?
Travelers Take to the Skies this Holiday Season, But Is It Wheels up on Airline...
November 24, 2021  |  Travel Payments

Airlines are now aloft in greater numbers than at any time since 2019, and airline earnings are showing remarkable recovery. Along with the good optics...

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Booking Holdings to Buy Flight Booking Provider Etraveli Group for $1.8B
Booking Holdings to Buy Flight Booking Provider Etraveli Group for $1.8B
November 23, 2021  |  Partnerships / Acquisitions

Booking Holdings has announced an agreement with CVC Capital Partners to buy Etraveli Group, a global flight booking provider for 1.63 billion euros (about $1.83...

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Crypto Payments Take Flight at Fast Private Jet with 33% of Bookings Paid in eMoney
Crypto Payments Take Flight at Fast Private Jet with 33% of Bookings Paid in eMoney
November 23, 2021  |  Cryptocurrency

Cryptocurrency payments have taken flight at Fast Private Jet in Italy, with one-third of bookings being paid using digital currency since the company introduced the...

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Travel Operators Focus on Payments to Recoup Pandemic-Related Losses
Travel Operators Focus on Payments to Recoup Pandemic-Related Losses
November 22, 2021  |  Travel Payments

As we get a clearer idea of the extent of travel and tourism disruption from the pandemic, companies are zeroing in on payments management to...

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