American Airlines is reportedly considering consolidating its business with a single credit card partner, potentially by making Citigroup its exclusive partner and dropping Barclays. The airline’s talks with banks and card networks are ongoing and the timing of an agreement is unknown, CNBC reported Friday...
With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more, CEO Brian Chesky said at a travel conference, Reuters reported Thursday (Sept. 19). “Stays of...
Uber has announced the nationwide launch of two features designed to improve the safety of drivers: rider verification and the ability to record video and audio during trips with their smartphones. Both features have been tested in pilot programs and will now be made available...
Expedia has launched a series of “shoppable storefronts” curated by social media influencers and brands. The company’s Travel Shops, announced Monday (Sept. 16), allow creators to share and save travel recommendations using the Expedia app. “Every day, people are liking and buying products recommended by influencers they trust,...
Global payment network UATP and buy now, pay later (BNPL) provider Klarna have partnered to allow airlines to offer Klarna’s flexible payment options. With this collaboration, airline customers can select Klarna’s immediate payments; short-term, interest-free BNPL; or longer-term financing for travel products and services, the...
While the federal government last month allocated an additional $521 million for electric vehicle (EV) charging infrastructure, challenges persist in scaling EV production to meet market expectations. In July Ford shifted its strategy for the Oakville Assembly plant in Canada, pivoting from its original plan...
Lyft has debuted a new feature designed to help commuters stay within budget. “To make your day more predictable, we’re launching price lock, a new subscription that caps the price of your regular commute,” Audrey Liu, executive vice president of rider experience at Lyft, said...
Travel spending will generate a record 10% of gross domestic product (GDP) this year. That’s according to a report Monday (Sept. 3) by Reuters, citing data from World Travel and Tourism Council (WTTC), a non-profit membership group. The WTTC estimates show the travel industry contributing...
Fifteen years ago, Uber disrupted and transformed ride hailing. Uber, one of the platform economy’s original giants, announced Thursday (Aug. 29) that is making a strategic investment in autonomous driving software provider Wayve, agreeing to put self-driving vehicles powered by Wayve’s software on the Uber platform...