For Airbnb, the extended stay is here to stay. The company’s latest earnings show that key measures of activity are above pre-pandemic levels — and that guests, buoyed by the work-from-home trend, are staying at the platform’s properties for longer stretches of time. As for...
The travel snapback is here, but travel companies and aggregator sites aren’t ready to handle the deluge in bookings and surging payment volumes. That’s not to mention the rising demands for rebates, as well as the cancellations and refunds that can mount when trips go...
Been seeing all the photos of people at live business events lately? It’s masks-off, flaps-up and stow-your-tray-table time for business travel, according to multiple reports and market signals. On Thursday (April 21), the Global Business Travel Association (GBTA) published member survey results finding that 86%...
COVID has disrupted business travel, and with it one of the mainstays of hotels: corporate negotiated rates. And as Hotel News Now reported Thursday (April 14), that shift has left hotel sales and marketing staff working harder to accommodate corporate clients. “Early on, there was...
Airline stocks rose Wednesday (April 13) following a report of a “rebound” from Delta and indications from American Airlines that its earnings will be higher than expected. “With a strong rebound in demand as omicron faded, we returned to profitability in the month of March,...
TreviPay has entered the corporate accommodations world, offering its embedded payments solution through a collaboration with Choice Hotels. “To bring greater simplicity, flexibility, and financial management support to business travel, TreviPay’s solution allows companies booking corporate travel with Choice Hotels to select an invoicing option,...
Break out the flipflops and sunscreen. We’re going on vacation again this year. Probably. After more than a year of “will-we-or-won’t-we” travel dreaming, a spate of recent indicators shows pent-up travel demand finally being unleashed in a surge of bookings and new tie-ups. Marquee news...
Ready for a change of scenery? The dozen apps that have earned a spot among the top 10 in PYMNTS’ latest Provider Ranking of Travel Apps can help. Within the ranking itself, however, there are a lot of familiar sights — all these contenders were...
Airplanes have a primary function: the ability to go up and down. So it is with the outlook for air travel in 2022 —one week it’s grounded, the next aloft again. Confronted with rising fuel costs that are making plane tickets too pricey for many...