There are summer vacations. Then there are high-end summer vacations. And then there’s Inspirato. Bringing an innovative subscription and membership model to its affluent clientele, the company has just turned profitable in its 13th year of existence, leveraging a funding round of $25 million from...
Large corporations are reportedly catching up with small and medium-sized businesses (SMBs) in returning to business travel. While SMBs led the post-pandemic rebound in business travel, corporations are increasingly booking travel as well, Reuters reported Tuesday (June 4). Hotel CEOs attending the NYU International Hospitality...
Despite hard-to-shake concerns about inflation, nearly half of U.S. consumers are planning to take a break this summer — and many plan to shell out more on getaways this year than last year. According to PYMNTS Intelligence data, 48% of consumers have already made travel...
The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider of data, analytics and insights for the global hospitality industry, and Tourism Economics, a provider of intelligence on the economy...
Rho and Navan have launched a unified finance suite that customers can use to manage corporate travel and expenses, enforce expense policy compliance, send payments and close the books. This co-branded solution brings together the capabilities of Rho Corporate Cards and the Navan travel and expense super app, the companies said in a...
Sabre has launched an artificial intelligence (AI)-powered retailing platform designed to enable airlines to adopt an “offer and order” approach. The new SabreMosaic platform allows airlines to offer a more personalized and dynamic retailing experience and create new revenue opportunities, the company said in a Wednesday (May 22) press...
Emburse now enables business travelers to receive automated notifications when there is a better rate available at their hotel or at a comparable hotel. These notifications are delivered within the Emburse Go Premier travel companion app and enable travelers to rebook without having to leave the app, the provider of travel and expense software said in a Tuesday...
Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased benefits and more opportunities to earn rewards, and comes amid a surge in spending on travel across age and income...
Americans are projected to take a record number of road trips this Memorial Day weekend. It’s part of an overall uptick in early summer travel forecast by the American Automobile Association (AAA) in new data released Monday (May 13). “We haven’t seen Memorial Day weekend travel numbers like these...
