Travel Payments

Travel Payments
Greek Hoteliers Face Closure After Tui Puts Payments On Hold
November 12, 2020

For hotel owners struggling to survive amid the coronavirus pandemic, spring is a long way off, especially when it comes to getting paid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Travel Payments
Conferma Pay Receives Oracle Validated Integration Designation For Link With Hotels
November 11, 2020

Oracle PartnerNetwork (OPN) member Conferma Pay has attained an Oracle Validated Integration with Oracle Hospitality Hotel Expertise for its link between Conferma Pay Connect and Oracle Hospitality OPERA, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this...

Travel Payments
Travel Restrictions Or Not, $100K+ Can Still Buy The Trip Of A Lifetime
November 06, 2020

At a time when the coronavirus has hit the travel industry with a 70 percent drop in bookings and what could be several years of pain ahead until things normalize, you’d think vacation deals would be easy to come by. Get the Full Story Complete the...

Travel Payments
Big Hit Looms For European Holiday Travel As COVID-19 Cases Surge
November 06, 2020

Christmas in Paris, or on the beach in the sunny Canary Islands? For would-be European travelers and holiday-goers, the answer increasingly is: not this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Travel Payments
Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters
November 05, 2020

Booking Holdings, the world’s largest online travel company, continues to feel the weight of the pandemic, warning investors Thursday (Nov. 5) that the outbreak’s current U.S. and European surge will make it very challenging to break even this year. But the company also said that...

Travel Payments
Slow Rebound Marks Cautious Optimism In Battered Travel Business
November 03, 2020

The travel industry has been reporting a slow increase in demand that’s leading to a rebound in revenues, as well as the possibility of increased capacity for hotels, car rentals and airlines. Get the Full Story Complete the form to unlock this article and enjoy...

Travel Payments
To Entice Consumers, Airlines Offer BOGO Tickets
November 01, 2020

Airlines, still trying to offset their dismal revenue shortfalls due to the pandemic, are now trying a new tactic in just giving seats away, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Travel Payments
Airline Execs Strike Cautious Tone For Business Travel Rebound
October 22, 2020

In an industry that has arguably been battered worse than any other as a result of the global pandemic, the inclination of airline executives to find optimism amid a sea of red ink is understandable. Get the Full Story Complete the form to unlock this...

Travel Payments
Global Chains Snap Up Distressed Independent Hotels In Africa
October 19, 2020

Despite the economic damage inflicted by the pandemic, hoteliers expect sub-Saharan Africa to remain a hot market for big-time lodging development, the Wall Street Journal reported Sunday (Oct. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...