travel spending

Mesh Adds Guest Travel Solution to T&E Management Platform
Mesh Adds Guest Travel Solution to T&E Management Platform
April 09, 2024  |  Travel Payments

Mesh Payments has added a guest travel solution to its global travel and expense (T&E) management platform. This new solution streamlines the process associated with the...

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Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
Visa Direct Transactions Grow 20%, New Flows a $200T Opportunity 
January 25, 2024  |  VISA

Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted...

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China’s International Travel Sector Remains Slow Due to Economic Conditions
China’s International Travel Sector Remains Slow Due to Economic Conditions
December 28, 2023  |  Consumer Insights

While China’s domestic air travel market is experiencing a strong recovery, international travel reportedly still faces challenges. Factors such as economic conditions, ticket prices and...

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Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
November 21, 2023  |  Retail

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use —...

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60% of Leisure Travel Expenses Fueled by Gen X and Millennials
60% of Leisure Travel Expenses Fueled by Gen X and Millennials
November 16, 2023  |  Travel Payments

Despite economic uncertainty and financial concerns, Americans have chosen to prioritize travel over savings this year. This trend applies to all generations, but it’s Gen...

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Why Neighborly Borrowing Can Be a Brand Opportunity 
Why Neighborly Borrowing Can Be a Brand Opportunity 
November 15, 2023  |  Retail

Borrowing from your neighbor can be more than just a casual exchange of items. It can also be a gateway to discovering and experiencing new...

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Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
Two-Thirds of Consumers Charged Summer Travel on Their Credit Cards
September 01, 2023  |  Credit Cards

Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this...

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Brex Adds Feature for Managing Corporate Events
Brex Adds Feature for Managing Corporate Events
August 14, 2023  |  Spend Management

Brex has added a group events feature to its global spend platform. This expansion of Brex travel enables businesses to create and manage large scale corporate events...

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Virtual Try-on, Clothing Rentals Get Boost With Consumer Travel Plans
Virtual Try-on, Clothing Rentals Get Boost With Consumer Travel Plans
July 19, 2023  |  Retail

With the increase in travel, brands, retailers, and solution providers are striving to capture a larger portion of the consumer expenditure to expand their market...

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