Citi will be debuting a new portal, Citi Travel, with Booking.com to help customers plan and book their trips, a press release from the bank said. It comes as Americans are eager to travel, but many Americans have been reporting that they wait for a...
With PayPal reporting in early August that buy now, pay later (BNPL) usage surged 226% in the second quarter, it’s a strong indicator that installment credit is helping fuel a travel bump this year that’s maintained momentum despite inflation, and keeps branching out into new...
Short-term rental (STR) and hospitality platform Guesty raised $170 million in a Series E funding round to fuel the company’s growth and new product development as demand escalates across the industry and hospitality operators seek more support. The latest infusion of capital was led by...
Choice Hotels has launched “Choice Direct Pay,” a system that lets employers make reservations and pay lodging bills for employees traveling on business. The new system eliminates the need for employees to submit, and employers to process, a payment invoice for each overnight stay, according...
Different business travel buyers may have their own priorities when it comes to features such as access to loyalty programs, more spacious seats, Wi-Fi and discounts on leisure travel for employees. With a new platform that United Airlines will launch later this year called United...
Business travel management startup TripActions is working with advisors to possibly file confidentially for an initial public offering (IPO). While there’s no timeline, the startup is weighing a public offering, Bloomberg reported on Thursday (Aug. 4), citing unnamed sources with insider information. Headquartered in Silicon...
German payment intelligence company Fraugster has teamed with French PayTech Worldline to deliver a chargeback protection solution for travel merchants. The solution eliminates chargeback losses for merchants by taking full liability for fraudulent transactions, the companies said in a press release Tuesday (Aug. 2). It...
JPMorgan Chase is putting together its own full-service travel business, The Wall Street Journal wrote Saturday (July 30). JPMorgan has been bought a booking system, a restaurant review company and a luxury travel agent. The bank, one of the flagship U.S. financial institutions, has also built...
There’s some changing of rooms but just one new visitor in this month’s edition of PYMNTS’ Provider Ranking of Travel Apps. Ten competitors have extended their stay in the Top 10, while one new visitor has dropped by — occupying a space left vacant due...