hospitality

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...

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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...

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Instant Tip Payouts Help Hospitality Workers Avoid Check-Cashing Fees
Instant Tip Payouts Help Hospitality Workers Avoid Check-Cashing Fees
October 20, 2023  |  Payment Methods

In the fast-paced hospitality industry, where convenience and quick access to funds are of utmost importance to workers, the popularity of instant tip payouts is...

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Hospitality Workers Choose Digital Instant Tip Payouts, Yet Only Half of Employers Deliver
Hospitality Workers Choose Digital Instant Tip Payouts, Yet Only Half of Employers Deliver
October 20, 2023  |  Money Mobility

Cash is still the way that many hospitality workers receive tips. Customers’ increasing penchant for using contactless cards and digital wallets means they are also...

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Grubhub Wants to Be Room Service for Hotels Without Restaurants
Grubhub Wants to Be Room Service for Hotels Without Restaurants
October 11, 2023  |  Aggregators

To reach new customers and drive sales, Grubhub is looking to hotels that do not offer dining options as a key opportunity. In an interview...

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Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023  |  B2B Payments

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as...

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FreedomPay and WorldPay Expand Integrated Payments Partnership
FreedomPay and WorldPay Expand Integrated Payments Partnership
September 20, 2023  |  Partnerships

Payments platform FreedomPay expanded its collaboration with merchant acquirer Worldpay. The extended partnership will provide “integrated payments and omnichannel technology” for businesses in industries like retail and hospitality, according to...

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Zebra Debuts Multi-Industry Mobile Payment Tool
Zebra Debuts Multi-Industry Mobile Payment Tool
September 19, 2023  |  Mobile Payments

Zebra Technologies has debuted a mobile payment solution for several different industries. The tool is designed for the retail, hospitality, entertainment, field mobility and logistics...

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Report: Spanish Travel Tech Company Hotelbeds Considers IPO
Report: Spanish Travel Tech Company Hotelbeds Considers IPO
September 18, 2023  |  IPO

Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth...

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