Travel Payments

Travel Payments
Frontier To Allow Passengers To Purchase Extra Space On Planes
May 05, 2020

As the world steadily inches toward reopening after several months of coronavirus-related lockdowns, Frontier Airlines will give people the option to pay extra to leave the middle seat in their row empty, per reports. Get the Full Story Complete the form to unlock this article...

Travel Payments
Norwegian Cruise Line Ponders Bankruptcy, Seeks New Investments
May 05, 2020

Norwegian Cruise Line (NCL) is considering new funding and possible bankruptcy protection due to business losses triggered by the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Travel Payments
Pandemic Triggers $2.1B Loss For United Airlines
April 20, 2020

United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a CNBC report on Monday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Travel Payments
Expedia To Slash Ad Spending
April 16, 2020

Expedia Group is looking to cut its budget for ad revenues this year, according to Chairman and Senior Executive Barry Diller. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Travel Payments
Carnival CEO: Cruise Reservations Up For 2021 Despite Pandemic
April 15, 2020

COVID-19’s impact on the cruise industry is so far not affecting reservations for 2021, which are up 40 percent over 2019. Carnival, the world’s biggest cruise line, has enough liquidity for a year. Get the Full Story Complete the form to unlock this article and...

Travel Payments
Travel’s Long Journey Back To Normal
April 15, 2020

While there are very few industries that have not been affected by the COVID-19 outbreak in some way,  travel as a vertical has been hit uniquely hard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Travel Payments
Pushed By SoftBank, Oyo Reaches For Profitability
March 26, 2020

Hotel chain Oyo, which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive in a push to find profitability, according to a report by The Wall Street Journal. Get the Full Story Complete...

Travel Payments
COVID-19’s Chilling Effect on Summer Vacation Rentals
March 23, 2020

The travel industry is being decimated by the coronavirus. The cascade effect of multi-state lockdowns has had a chilling effect on any number of verticals, from airlines, of course, to hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Travel Payments
Will Credits Keep Travelers in the Air, on Deck … and Spending?
March 13, 2020

March 8 will mark a watershed day in the travel industry — when the U.S. state department said that citizens should not take cruises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...