travel

How Hotels Are Weathering A Hard Pandemic Hit

How Hotels Are Weathering A Hard Pandemic Hit
How Hotels Are Weathering A Hard Pandemic Hit
August 20, 2020  |  Travel Payments

The fact that COVID-19 has hit consumer and business travel hard is well-known, but just how hard is just now coming into focus. A new industry...

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Airbnb Sets Global Party Ban, Occupancy Limit
Airbnb Sets Global Party Ban, Occupancy Limit
August 20, 2020  |  Retail

Airbnb customers who are planning to hold a large party at one of the online rental platform’s vacation homes are advised to make other arrangements....

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Omio Raises $100M For Expansion Of Travel Booking App
Omio Raises $100M For Expansion Of Travel Booking App
August 19, 2020  |  Investments

Omio, the Berlin-based travel booking app, announced on Wednesday (Aug. 19) that it has raised $100 million to fuel further expansion as the industry rebounds...

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NYC Adds Hotel Requirements In COVID Crackdown
NYC Adds Hotel Requirements In COVID Crackdown
August 18, 2020  |  Economy

Travelers to New York City will now have to fill out coronavirus health forms in order to get keys to their rooms or short-term rentals...

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Airbnb Suffers Record Losses In Q2, IPO Still Planned
Airbnb Suffers Record Losses In Q2, IPO Still Planned
August 13, 2020  |  Earnings

Airbnb Inc. took a record hit in revenues in the second quarter (Q2) and its losses continued to mount as global travel was restricted to...

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Hotel Sector Recovery Begins As A Local Affair
Hotel Sector Recovery Begins As A Local Affair
August 11, 2020  |  Travel Payments

Marriott International’s Q2 2020 earnings — rough, as expected, reporting a net loss of $234 million after springtime bookings all but evaporated — contain nuggets...

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Marriot Earnings Show Growth In ‘Drive-To’ Vacations
Marriot Earnings Show Growth In ‘Drive-To’ Vacations
August 10, 2020  |  Earnings

Marriott International Inc. reported on Monday (Aug. 10) that comparable dollar revenue per available room (RevPAR) plunged 84.4 percent worldwide in Q2 on a constant-currency basis. Get the...

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Deem’s New Software Aims To Boost Corporate Travel Booking Services
Deem’s New Software Aims To Boost Corporate Travel Booking Services
August 05, 2020  |  B2B Payments

Deem, which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. Get the Full Story...

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