Travel Payments

Travel Payments
Deep Dive: Frequent Versus Infrequent Travelers
October 03, 2019

Vacation payment plans could open doors for travelers, especially those concerned about how much their trips will ultimately cost. Such plans’ availability could even help transform these consumers into frequent travelers who take more than one adventure travel vacation per year. PYMNTS’ research shows that...

Travel Payments
Younger Travelers Take More Luxury Trips, But Have A Harder Time Paying
October 02, 2019

The travel market is changing and companies are evolving to meet consumer expectations. Once upon a time, Airbnb meant renting a cheap room in a stranger’s apartment. With the introduction of its Luxe product earlier this year, Airbnb is now offering stays in Tuscan farmhouses...

Travel Payments
Report: How Payment Plans Remove The Risk From Booking Adventure Travel
September 27, 2019

When it comes to vacations, some consumers in the United States want to do more than catch a few rays on a beach or to hit the local tourist attractions.  According to PYMNTS research, 139 million consumers are planning to take some type of luxury...

Travel Payments
Airbnb Expects To Go Public Next Year
September 19, 2019

Online lodging marketplace Airbnb announced on Thursday (Sept. 19) that it wants to go public by next year, according to a release by the company.   The company has been actively trying to expand in the past few years, and it recently launched a new service...

Travel Payments
Adventure Travel And Beyond — Summer Vacation’s New Norm
June 15, 2019

Summer is here and while schools nationwide are emptying, families across the U.S. are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. And those families heading out by planes, trains and automobiles each summer represent a pretty hefty...

Travel Payments
Large Railroads Tighten Schedules, Dole Out Late Fees
May 29, 2019

Laying tracks to profits? Yes, for large railroad firms – but for some of their shipping customers, profits are taking a hit. As the financial news publication noted, large rail firms such as Union Pacific Corp. and Norfolk Southern are lengthening trains, while tightening schedules and...

Travel Payments
Cubic Expands Contactless Payment System To Sydney Trains
November 26, 2018

Cubic Corporation announced Monday (November 26) that its Cubic Transportation Systems unit and Transport for New South Wales will expand the contactless payment system to cover Sydney’s train network. In a press release, Cubic said the expanded partnership comes on the heels of successfully bringing contactless...

Travel Payments
EU Probes Sabre, Amadeus Over Airline Ticket Prices
November 25, 2018

The European Union has launched an inquiry into deals between players in the air travel industry that may have resulted in a slew of companies colluding to hike airline ticket prices consumers pay. The Financial Times, citing EU competition commissioner Margrethe Vestager, reported the regulator...

Travel Payments
The High Price Of Payments — And Innovation — In Travel
November 06, 2018

It’s that time of the year: crowded airports, missed connections, maybe the surprise of an upgrade (to stretch out those legs after sitting all day in meetings or at a holiday gathering). There is also the chance (please no, not this time) of some hassle...