Credits and IOUs for trips are poised to lapse in the near future, creating an upcoming conundrum for travelers, The Wall Street Journal reported. A number of air carriers provided individuals with a COVID-19 extension on IOU expirations until the end of 2021. However, many...
The year 2020 was inarguably brutal for airlines, which at the lowest point saw revenues drop by almost 80 percent year on year as the pandemic kept their customers locked in their homes and profoundly uninterested in flying the friendly skies. Get the Full Story...
The head of Carnival, the world’s largest operator of passenger cruises, told the Financial Times (FT) it is likely to be at least 2023 before the cruise industry returns to pre-pandemic business levels. Get the Full Story Complete the form to unlock this article and...
After a 2020 that was devastated by the COVID-19 outbreak, the CEO of Hyatt Hotels says he is confident his industry will bounce back as more vaccines become available. “We see that there’s a clear path to recovery from here,” Mark Hoplamazian said on CNBC’s...
The optimism in the travel industry is tangible but still tentative. Vaccines are being deployed. Vaccine passports are gaining traction. The pandemic, it seems, is on the ropes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amadeus and Mastercard have unveiled a five-year extended international collaboration to help widen access to virtual card payments throughout the travel ecosystem. The two companies will keep providing effective, safe and flexible methods to send and receive payments via the relationship, according to a press...
While travel has faced setbacks due to the pandemic, some silver linings include faster technology rollouts, better airline policies and more focus on fliers, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Luxury hotel group The Kessler Collection is teaming with BitPay to accept digital currency as a payment method, according to an announcement on Tuesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The travel search service Kayak has unveiled a new feature that allows guests at independent hotels to choose their room, check in or order a meal just by using the company’s app. Get the Full Story Complete the form to unlock this article and enjoy...
