Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed Their Summer Travel,” a collaboration between PYMNTS Intelligence and i2c, close to two-thirds of consumers had summer travel on their...
A two-year, post-pandemic boom in travel is reportedly showing signs of slowing down. This new trend is having a mixed impact on airlines, with budget airlines bearing the brunt of the slowdown, The Wall Street Journal (WSJ) reported Wednesday (Oct. 11). The indicators of a return to...
Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended to travel this summer opting to use credit cards for their payments. This is one of the key findings in...
As the travel industry continues to evolve, the PYMNTS Provider Ranking of Travel Apps offers insights into the top movers and shakers. There are ties, apps that have fallen, and some that didn’t make the cut this round. The Top 5 Airbnb and Booking.com take...
Uber wants to give southern California taxi drivers a chance to get trip referrals. The ride-hailing firm announced Tuesday (Sept. 26) a collaboration with Los Angeles Yellow Cab and its five partner taxi fleets in Los Angeles, Orange and San Diego counties. Los Angeles Yellow...
Ryder System has deployed its first BrightDrop Zevo 600 electric vans that are available for rent at four Ryder facilities in three states: California, Texas and New York. The provider of supply chain, dedicated transportation and fleet management solutions plans to add 4,000 BrightDrop electric vans to its...
The Land Transport Authority (LTA) of Singapore announced it will review the ride-hailing and taxi industries, causing shares of Southeast Asian super provider Grab to dip 8%. Grab, whose services include ride-hailing, saw its shares lose the gains they had made over the past three...
KAYAK for Business has launched its Enterprise platform designed to simplify corporate travel. Building upon the success of its free corporate travel platform for small to medium-sized businesses (SMBs), KAYAK for Business now also offers a comprehensive solution that caters to the needs of larger corporations,...
Lyft has introduced a new feature that aims to match women and nonbinary divers with more women and nonbinary riders. The new Women+ Connect feature is designed to address the gender disparity among the ridesharing platform’s drivers and provide benefits for both drivers and riders, Lyft said...