Travel Payments

Delta Sees Strong Summer Travel Bookings Despite Broader Economic Challenges

Delta Sees Strong Summer Travel Bookings Despite Broader Economic Challenges
Delta Sees Strong Summer Travel Bookings Despite Broader Economic Challenges
April 13, 2023  |  Earnings

While the travel sector overall presents a mixed outlook for 2023, consumers are booking air travel as seen in the performance of Delta Air Lines...

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2023 Travel Outlook May Be Dimming as Prices Clash With Layoffs and Inflation
2023 Travel Outlook May Be Dimming as Prices Clash With Layoffs and Inflation
April 10, 2023  |  Travel Payments

Even as pent-up travel demand was unleashed throughout 2022 with airlines and lodgings firms reporting strong performance and outlook, the word “uncertainty” was used a...

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Small Businesses Slow Hiring Amid Uncertain Consumer Demand
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
April 05, 2023  |  Economy

Main Street businesses are pulling back on hiring. Preparing, perhaps, for the impact of a pullback in consumer spending that’s already in motion. The logic...

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Google Pay to Reimburse Travelers if Airline Ticket Price Drops
Google Pay to Reimburse Travelers if Airline Ticket Price Drops
April 03, 2023  |  Travel Payments

Amid the great travel rebound, the scramble to book flights and pay for them leads to something else entirely. Let’s call it booking envy. Log...

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BNPL Could Save Summer Travel
BNPL Could Save Summer Travel
March 29, 2023  |  BNPL

Even as consumers cut back on spending, much-needed vacations may not need to be sacrificed. As the weather warms in the Northern Hemisphere and the...

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Reeco Raises $10 Million to Grow Hospitality Procurement Marketplace
Reeco Raises $10 Million to Grow Hospitality Procurement Marketplace
March 28, 2023  |  B2B Payments

Reeco has raised $10 million in seed funding and expanded the availability of its hospitality procurement marketplace. The marketplace, which connects hospitality buyers and suppliers, uses...

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Bank-Owned Travel Portals Proliferate as Banks and Cardholders Seek Direct Relationships
Bank-Owned Travel Portals Proliferate as Banks and Cardholders Seek Direct Relationships
March 21, 2023  |  Loyalty & Rewards

Decades of earning miles and points for booking travel on various credit cards has led to the inevitable rise of bank-owned travel portals to use...

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Amex GBT Says Global Business Travel to Top $1 Trillion in 2023
Amex GBT Says Global Business Travel to Top $1 Trillion in 2023
March 09, 2023  |  Earnings

Business travel is back in a big way, which is good news for travel platforms. This, as American Express Global Business Travel (Amex GBT) leaders...

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