After more than an 18-month wait, the ending of broad pandemic-era restrictions has spawned a flurry of activity and excitement amongst hotels, airlines and essentially the entire travel and hospitality sector, all eager to jump-start the lucrative international tourist trade. Airbnb Co-Founder and CEO Brian...
FinTech firm CellPoint Digital has expanded its joint effort with Cebu Pacific Air to enable split payments and currency conversion for customers of the Philippines-based airline, according to a Wednesday (Nov. 10) press release. Founded in 1988, Cebu Pacific has flown more than 22 million...
The vacation business is recovering, and that’s expected to continue in the fourth quarter, Marriott Vacations Worldwide (MVW) reported Monday (Nov. 8) when announcing third quarter 2021 financial results. “Occupancies at our resorts this quarter were very strong despite the Delta variant, and contract sales were...
With major airlines reporting their first quarterly profits since the onset of the pandemic, restrictions easing both domestically and internationally, and the roll-out of vaccinations grinding forward, the travel bug is starting to resurface. In a recent conversation with Karen Webster, Flywire Vice President and...
Business travel is lining up for departure, but indications are it’s in for a longer taxi to takeoff. Signs of recovery for the sector are evident, with Lyft CEO Logan Green saying on Tuesday (Nov. 2) during an earnings call with analysts that “airport rides nearly...
Visa’s global payment and fraud management platform Cybersource is joining the International Air Transport Association (IATA) Financial Gateway (IFG) to help airlines streamline commerce and payment efficiencies, according to a press release emailed to PYMNTS on Thursday (Nov. 4). Cybersource and IFG will also help...
Buy now, pay later (BNPL) startup Affirm is partnering with American Airlines to bring flexible payments to eligible travelers so they can pay for flights over time, according to a press release emailed to PYMNTS on Wednesday (Oct. 27). Affirm and American Airlines teamed up...
Hotel payment software startup Selfbook announced on Tuesday (Oct. 26) that it raised $25 million in a Series A fundraising round led by Tiger Global Management, putting its valuation at $125 million. Valia Ventures, Fin Venture Capital, investor Lachy Groom and angel investors also contributed...
United Airlines is partnering with PayPal to make in-flight purchases touch-free even if no Wi-Fi is available, World Airline News reported Wednesday (Oct. 6). Starting in November, United customers on some flights can show a flight attendant a PayPal QR code and use it to buy...