hospitality

Main Street Business Formation Hits Headwinds as Service Sector Startups Decline
Main Street Business Formation Hits Headwinds as Service Sector Startups Decline
November 21, 2023  |  SMBs

If startups are the lifeblood of Main Street businesses, and if optimism is what drives sole proprietors and small firms to make a go of...

READ MORE >
Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
Nearly 35% of Hotel Guests Prompted to Tip Amid Shifting Gratuity Norms
November 10, 2023  |  Consumer Payments

Inflation has emerged as a significant force in the economy, impacting consumers’ purchasing power and influencing various aspects of their daily interactions. One area where...

READ MORE >
1 in 3 Hospitality Workers Willing to Pay for Instant Tips 
1 in 3 Hospitality Workers Willing to Pay for Instant Tips 
November 10, 2023  |  Faster Payments

As restaurants and others in the hospitality space look for ways to boost retention, PYMNTS Intelligence reveals that instant tip payouts can go a long...

READ MORE >
Marriott Revenue Up as Consumers Spend on Experiences
Marriott Revenue Up as Consumers Spend on Experiences
November 02, 2023  |  Earnings

Hotel chain Marriott enjoyed a positive quarter thanks to a jump in overseas travel. The company on Thursday (Nov. 2) posted quarterly earnings showing an 8.8% increase in revenue...

READ MORE >
Vrbo and Jurny Join Forces to Automate Short-Term Rentals
Vrbo and Jurny Join Forces to Automate Short-Term Rentals
October 30, 2023  |  Partnerships

Hotel and short-term rental management platform Jurny integrated with vacation rental site Vrbo. The integration lets hosts set up and manage listings on Vrbo’s 2...

READ MORE >
Bundling Services With Payments Helps Processors Win With Small Businesses
Bundling Services With Payments Helps Processors Win With Small Businesses
October 30, 2023  |  SMBs

The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main...

READ MORE >
Travel Drives Digital Engagement Growth Across Sectors
Travel Drives Digital Engagement Growth Across Sectors
October 27, 2023  |  Connected Economy

The digital transformation of economies is accelerating worldwide and reaching new heights. One of the major contributors to this acceleration is the travel and transportation...

READ MORE >
Bain and Smith Hill Partner on Hospitality Sector Financing Solutions
Bain and Smith Hill Partner on Hospitality Sector Financing Solutions
October 25, 2023  |  Partnerships

Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal...

READ MORE >
From Gaming to Hospitality, Firms Miss Out on Instant Payout Monetization Opportunity
From Gaming to Hospitality, Firms Miss Out on Instant Payout Monetization Opportunity
October 24, 2023  |  Real-Time Payments

Recent studies conducted by PYMNTS Intelligence have unveiled a significant opportunity that gaming and hospitality companies are missing out on — the chance to monetize...

READ MORE >