Travel Payments

Travel Payments
Airbnb CEO: Post-Pandemic Travel Will Focus On Smaller Cities
January 14, 2021

Airbnb CEO Brian Chesky said there’s likely no going back to the pre-pandemic days of travel, Reuters reported. He said travel would permanently change as people looking to rent places in smaller cities and spend more time among friends and family, according to the report....

Travel Payments
NTT DATA Teams With Conferma Pay On Virtual Payments For Lodging
January 14, 2021

NTT DATA Hong Kong Limited (NTT DATA) has teamed with Conferma Pay to bring digital payment communications to hotels, according to an announcement emailed to PYMNTS. “Partnering with Conferma Pay is a step forward in our commitment to provide travelers with a frictionless payment experience during...

Travel Payments
Crypto.com Teams Up With Booking.com On Travel Discount Deal 
January 11, 2021

Crypto.com has put in an early bet that 2021 will see a rebound in the battered travel market. The Hong Kong-based cryptocurrency and payments platform on Monday (Jan. 11) unveiled a partnership with Booking.com that will dole out sizable discounts to users of Crypto.com’s app....

Travel Payments
New York City Joins Contactless Transit Trend
January 04, 2021

The largest bus and subway system in the U.S. is starting the new year with technology designed to speed up the collection of fares while reducing the amount of touching needed to get on board. In announcing the completion of the 18-month installation project of...

Travel Payments
Airline Industry Assesses Damage From 2020; Looks Ahead To Reset
January 04, 2021

New year, same problems for the global aviation industry, as the world’s battered and beleaguered airlines struggle to recoup 20 years of passenger growth that was evaporated by just nine months of the coronavirus pandemic. According to Cirium’s 2020 Airline Insights Review and other related...

Travel Payments
US Airlines: 2020 Losses May Land Above $35 Billion
January 03, 2021

U.S. airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts’ forecasts. Moreover, airlines aren’t expected to recover until the second half of calendar 2021, according to CNBC. Among the data CNBC cited were major drops in...

Travel Payments
Air Traffic Down About 77 Percent On Christmas Day 2020
December 28, 2020

Air travel was down about 77 percent on Christmas Day from last year, with 616,469 people flying on Friday, but expected to swing back up as travelers return from their holiday destinations, according to CNN Business. The Transportation Security Administration said 616,469 people flew on...

Travel Payments
Expedia Asks: Why Work From Home When You Could Work From Here?
December 14, 2020

One of the world’s largest travel websites has launched a dual-pronged promo to get record numbers of people who are currently working remotely to think outside the box –and to also pump new life into the struggling tourism industry. In a year where the pandemic...

Travel Payments
Travel Readies For Pent-Up Demand; Multi-Generational Trips On Trend
December 11, 2020

After nearly a year of social distancing and staying at home, cabin fever is really starting to sink in for many consumers. For all the ways people have digitally enhanced and enabled their lives during 2020, the reality is there are some things you just...