travel spending

Booking Holdings Reports 40% Increase in ‘Connected Trip’ Transactions
Booking Holdings Reports 40% Increase in ‘Connected Trip’ Transactions
October 30, 2024  |  Earnings

Booking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in the third quarter. The company’s efforts to advance its “connected...

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Airbnb Wants NYC to Ease Short-Term Rental Restrictions
Airbnb Wants NYC to Ease Short-Term Rental Restrictions
September 03, 2024  |  Real Estate

Airbnb says New York City’s short-term rental law hasn’t done its job. “In the wake of stringent measures, consumers are instead facing all-time high hotel prices...

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Travel Firms Take Financial Hit From Outdated Payments Systems
Travel Firms Take Financial Hit From Outdated Payments Systems
August 15, 2024  |  Money Mobility

Travel spending is on a trajectory to reach an all-time high in 2024, making staffing for travel companies an even greater priority than ever. Outdated...

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Airbnb Wants to Woo Hotel Customers With Luxury Offerings
Airbnb Wants to Woo Hotel Customers With Luxury Offerings
July 31, 2024  |  Travel Payments

Airbnb is reportedly planning luxury offerings like personal chefs to entice travelers away from hotels. The company wants to move beyond accommodations and experiences to “services...

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Families May Travel More Often, but Spend Less Than Couples Without Kids
Families May Travel More Often, but Spend Less Than Couples Without Kids
July 29, 2024  |  Consumer Insights

Married couples without children are leading the way in travel spending, data show, and as others pull back their purchasing in the category, these dual-income-no-kids...

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How Different Households Spend: 3 Big Ideas From ‘The Last Transaction’ Report
How Different Households Spend: 3 Big Ideas From ‘The Last Transaction’ Report
July 22, 2024  |  Consumer Insights

The economic landscape has been particularly turbulent over the past year, and its effects on the behaviors of different kinds of households are becoming increasingly...

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Gen Z Drives Travel Spending Surge for Live Events
Gen Z Drives Travel Spending Surge for Live Events
July 22, 2024  |  Travel Payments

As young consumers look for meaningful, in-person experiences, more are traveling for ticketed events, driving vacation spending. A recent report from Allianz Partners found that...

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Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth
Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth
July 19, 2024  |  Earnings

American Express earnings released on Friday (July 19) show that consumers continue to spend on experiences — particularly on dining out, and that momentum belongs...

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Citi Upgrades Premier Card As Travel Spending Takes Off
Citi Upgrades Premier Card As Travel Spending Takes Off
May 13, 2024  |  Travel Payments

Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased...

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