Travel Payments

Travel Payments
Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
July 22, 2020

It was a bad week for airline stocks as bookings contracted on renewed coronavirus fears. PYMNTS reported earlier this week on new Transportation Security Agency (TSA) figures that travelers through U.S. airport checkpoints were down over 4 percent the week ending July 19. Get the Full Story Complete the form to...

Travel Payments
United Airlines’ Chief: Vaccine Needed To Return To Normal
July 22, 2020

The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues are not expected to rise above half of 2019 levels before then. Get the Full Story Complete the form to...

Travel Payments
Loews Hotels CEO: Business Travel Won’t Return This Year
July 21, 2020

Loews Hotels CEO Jonathan Tisch does not expect a return to significant national, international or business travel anytime soon, according to an interview he gave on CNBC’s “Closing Bell.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Travel Payments
US Air Travel Sinks 4 Pct Amid Rising Infections, Quarantines
July 20, 2020

The already sluggish recovery in air travel hit some turbulence over the past week. 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, PYMNTS...

Travel Payments
How One Startup Is Reinventing Travel Insurance For The Post-Pandemic World
July 16, 2020

Admittedly, it might seem like a strange time to be launching an innovative travel insurance product given how much the tourism industry has contracted in the wake of the global pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Travel Payments
CIBT Partners With Conferma Pay On Virtual Cards For Business Travel
July 15, 2020

CIBT, which works in global immigration and visa services for both corporations and individuals, has announced an integration with Conferma Pay for virtual cards and streamlined business travel payments, according to a press release. Get the Full Story Complete the form to unlock this article...

Travel Payments
Deem Rolls Out New Search Engine With More Options For Travelers
July 15, 2020

Mobile and cloud tech provider Deem, which works with travel companies, announced a new search engine with better speed and more functionality, a press release says, with an eye toward improving booking and the overall travel experience. Get the Full Story Complete the form to...

Travel Payments
Trivago’s Axel Hefer Says Falling Travel Demand Connected To Virus Surge
July 14, 2020

The surge in coronavirus cases has caused interest in travel to drop, according to CNBC, speaking with Trivago chief executive Axel Hefer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Travel Payments
Turning Commercial Card Credit Lines Into SMB Cash Flow Lifelines
July 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...