Americans are projected to take a record number of road trips this Memorial Day weekend. It’s part of an overall uptick in early summer travel forecast by the American Automobile Association (AAA) in new data released Monday (May 13). “We haven’t seen Memorial Day weekend travel numbers like these...
Mesh Payments has added a guest travel solution to its global travel and expense (T&E) management platform. This new solution streamlines the process associated with the booking and reimbursement of contractor, candidate and guest travel, the company said in a Tuesday (April 9) press release. “By eliminating...
Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted that growth rates in new payments flows and value-added services are outpacing the transaction growth seen in credit and debit...
While China’s domestic air travel market is experiencing a strong recovery, international travel reportedly still faces challenges. Factors such as economic conditions, ticket prices and visa issues contribute to the limited appetite for international travel, Bloomberg reported Thursday (Dec. 28). China’s international recovery has been slower than...
November 21, 2023
The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Personal finance considerations significantly influence consumers’ decisions on where to spend — especially during […]
July 02, 2023
June’s over, and thus far, two quarters in, the year’s been notably strong for the CE 100 Index. All indices were in the black, again, this past week, continuing a...
April 17, 2023
This installment of PYMNTS’ miniseries based around consumer spending patterns focuses on the travel sector. Getting away from it all has been one of the last discretionary items consumers are...
May 13, 2024
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 benefits and more opportunities to earn rewards, and comes amid a surge in spending on travel across age and income brackets. “We heard from our cardmembers that they want to […]
May 13, 2024
Americans are projected to take a record number of road trips this Memorial Day weekend. It’s part of an overall uptick in early summer travel forecast by the American Automobile Association (AAA) in new...
April 09, 2024
Mesh Payments has added a guest travel solution to its global travel and expense (T&E) management platform. This new solution streamlines the process associated with the booking and reimbursement of contractor,...
December 28, 2023
While China’s domestic air travel market is experiencing a strong recovery, international travel reportedly still faces challenges. Factors such as economic conditions, ticket prices and visa issues contribute to the...
