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...
Booking Holdings CEO Glenn Fogel said people should look into making travel plans now before prices go back up, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The number of Airbnb listings across Europe has dropped off significantly since the pandemic’s start in 2020, with hosts favoring longer-term rentals over shorter holiday stays, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
The ultimate goal in the payments world is invisibility — a transaction that happens so seamlessly that it fades into the background of a purchase path, barely registering in the customer’s conscious mind. But invisible payments are a tough goal in a world where commerce...