Tourism is a key driver of economic development in Latin America, with the World Travel and Tourism Council ranking it the fourth most important travel region in the world. COVID-19 took a heavy toll on this sector, with one recent study showing online travel sales...
Seems strange to say somehow, but we all need a vacation in 2022. How we approach that will depending on factors ranging from gas prices to a slow recovery in air travel and lodgings. With inflation generally — and gas price hikes specifically — dampening some...
Buy now, pay later (BNPL) firm Sezzle is teaming up with travel payment platform Yapstone to bring installment payments to vacation rentals, according to a Monday (March 7) press release. The partnership connects Yapstone’s millions of consumers with Sezzle’s long-term financing product, which offers 0% APR...
Travel now, pay later has existed at least as long as the credit card, but the concept is rapidly modernizing as buy now, pay later (BNPL) pushes deeper into the travel and hospitality space this year, helping operators fill airplanes and rooms as inflation slows...
The pandemic, as it goes into its third year, with remote work shifting to hybrid models, will cause more people to check into hotels to work, a report in The New York Times said Thursday (March 3). The report notes that employees who moved out...
FLEETCOR, the global business payments company, has acquired Levarti, the airline software company. Levarti offers a suite of solutions to automate passenger disruptions including passenger notifications, flight rebookings, hotel accommodations, transfers and vouchers. Levarti’s MAX software suite rolled out in 2014, and several global airlines...
You can almost feel the recovery. Mask mandates falling off. Warm weather on its way. Show of hands, who’s up for a little getaway? Oh, absolutely everyone? Good. You’ve come to the right place, that being PYMNTS Provider Ranking of Travel Apps. We’ve scored the...
As the business press keeps recounting a brutal 2020 for air travel and lodgings, we’ve heard somewhat less about the woes of destination marketing organizations (DMOs), which are responsible for getting people to choose Paris over Rome, or India over Indonesia, and then book accordingly....
Short-term rentals supported more than 75,000 jobs in Arizona last year and generated $6.6 billion, according to report released Wednesday (Feb. 23) by Airbnb and Expedia. “The study finds that short-term rentals are an integral part of the Arizona economy, with visitor spending lifting up...