Travel Payments

Travel Payments
JetBlue Teams With MarcusPay To Launch Fly Now, Pay Later Option
August 19, 2020

JetBlue customers can book flights now and pay for them later without using a credit card. The New York-based low-cost carrier has partnered with Goldman Sachs’ MarcusPay to offer a no-fee, no deposit, fixed-rate installment loan option for ticket buyers, the companies announced. Get the...

Travel Payments
Departure Delayed For Airline Recovery
August 17, 2020

As airlines continue announcing September travel schedules, it’s pretty clear that the optimism of early summer — that air travel might recover sooner rather than later — has evaporated like jet contrails, even as some airline stocks posted a very slight rebound in recent trading....

Travel Payments
RVs Find The Road To Digital 3.0
August 17, 2020

There are a lot of leisure activities people are not participating in during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Travel Payments
Hotel Sector Recovery Begins As A Local Affair
August 11, 2020

Marriott International’s Q2 2020 earnings — rough, as expected, reporting a net loss of $234 million after springtime bookings all but evaporated — contain nuggets of good news, such as the hardy recovery Marriott’s properties are experiencing in, of all places, China. Get the Full...

Travel Payments
TSA Screens 800,000 At US Airports In A Day, Making Airline Stocks Lift
August 10, 2020

The Transportation Security Administration (TSA) reported that it served over 800,000 individuals at American airport screening lanes Sunday (Aug. 9), the first occasion since March 17, and major U.S. air carrier stocks were on the uptick Monday (Aug. 10) on the news, Reuters reported. Get...

Travel Payments
Rural Properties See Surge In Airbnb Bookings
August 06, 2020

As U.S. vacationers look to get away for a while, they’re increasingly turning to rural Airbnb listings where they won’t be as at risk of catching the coronavirus, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Travel Payments
Booking.com To Cut Workforce By 25 Pct
August 04, 2020

Booking Holding Inc., the Connecticut-based company that owns travel website Booking.com, plans to reduce its workforce by as many as 4,250 positions as its business continues suffer during the COVID-19 pandemic, Reuters reported. Get the Full Story Complete the form to unlock this article and...

Travel Payments
June Air Travel Volume Off 86 Pct From Last Year
July 28, 2020

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Travel Payments
Luxury Hotelier Eyes Private Clubs As New Business Model
July 28, 2020

As the coronavirus devastates the hospitality industry, hotelier to the stars André Balazs is gearing up for his next act: private clubs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...