They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if “Swiftonomics” isn’t part of the trend. A deep dive into PYMNTS Intelligence’s most recent “Last Transactions“...
If you take your hands off the wheel, you might crash. That proverbial piece of advice, commonly leveled at business leaders and managers, has taken on a new meaning in light of the U.S. Department of Justice‘s (DOJ) investigation revealed Wednesday (May 8) into electric vehicle (EV) automaker...
Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several cities in the United States. The firm posted job listings on LinkedIn last week seeking general managers and operations managers for such a venture in Los Angeles; Seattle; Austin, Texas; and...
Whether it’s a delivery service rushing to fulfill orders, a construction crew on a project or a catering company prepping for a weekend event, all these businesses rely on fleets of vehicles to keep their operations running smoothly. However, managing these fleets poses a significant challenge....
Global commerce platform WEX has launched a virtual card partnership with Booking.com. The new arrangement, announced in a news release Thursday (April 25), expands on the two companies’ 11-year-old partnership, with WEX becoming Booking.com’s virtual card provider and WEX’s payment solutions supporting Booking.com’s travel-related products and services sales. “Building...
Wyndham Hotels & Resorts is developing a record-high number of rooms amid its anticipation of a healthy summer season. The hotel chain released earnings Thursday (April 25) showing it has 243,000 rooms in its development pipeline, an 8% increase year-over-year, primarily at the company’s “midscale...
Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel. The company’s new delegate profiles enable EAs to manage ground transportation for executives on their behalf, Uber for Business said in a Wednesday (April 24) press release. With...
Air travel is a complicated business — and those complications can get passed down to travelers. From extended delays when waiting for refunds after abrupt flight cancellations, to spending hours and even days haggling with airline customer service staff, U.S. consumer frustrations with the airline...
The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform. And...