Travel Payments

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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. Get the Full Story Complete the form to unlock...

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. Get the Full Story Complete the...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Travel Payments
Post-COVID Battle For Business Travel Rages
November 22, 2020

Major airlines’ CEOs were cautiously optimistic a month ago that the COVID-ravaged travel industry was staging a slow recovery, and then markets and consumer confidence soared on reports that Pfizer and Moderna were finalizing COVID-19 vaccines. But then Bill Gates — the Microsoft co-founder turned...

Travel Payments
WFH, COVID Have Changed Business Travel, Bill Gates Says
November 17, 2020

Microsoft Co-Founder Bill Gates said he sees big changes on the horizon for business travel once the pandemic is over, with drastic reductions for most companies now that people can work from home, CNBC reported. Get the Full Story Complete the form to unlock this...

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...