Business travel is back. Global business travel spending is expected to reach between $1.62 trillion and $1.69 trillion for the calendar year, per estimates cited by the Global Business Travel Association industry group, surpassing pre-pandemic highs and establishing a new industry record. Europe and Asia-Pacific...
American Express Global Business Travel (Amex GBT) will become a privately held company enhanced with additional artificial intelligence capabilities upon the closing of a $6.3 billion acquisition by Long Lake, a company that uses frontier technology to accelerate services businesses. The corporate travel platform, which...
After years of focusing on short-term home/apartment rentals, Airbnb is reportedly entering the hotel business. The company is adding independent hotels to its platform in a bid to spark growth, the Financial Times (FT) reported Saturday (April 18). According to the report, Airbnb has begun...
Travelsoft Pay will leverage Mastercard’s Wholesale Program (MWP) to simplify B2B payments across the travel ecosystem. This collaboration will provide payments infrastructure that is secure, scalable and travel-native, the companies said in a March 3 press release. Travelsoft Pay offers a platform designed to automate...
June 22, 2026
Business travel is back. Global business travel spending is expected to reach between $1.62 trillion and $1.69 trillion for the calendar year, per estimates cited by the Global Business Travel Association industry group, surpassing pre-pandemic highs and establishing a new industry record. Europe and Asia-Pacific are leading the expansion, while major events such as the […]
November 10, 2025
For business travel, disruption has become a default setting. The combination of supply chain stress, hybrid work, demand volatility and shifting traveler expectations has transformed corporate mobility from a routine...
February 20, 2025
The travel sector comeback has been underway since the end of the pandemic. But the accompanying digital shift has been slow to come to the travel industry itself, where complexity...
January 24, 2025
For years, the travel and hospitality sectors have stuck to traditional payment options, such as cash and credit cards. But as consumers and staff demand quicker, more efficient ways to...
September 15, 2026
Travel and spend management platform Perk has expanded its Perk Spend product to the U.S. The expansion is aimed at capitalizing on a market where customers are already spending more than $1 billion each year on work travel and team events, London-and-Boston-headquartered Perk said in a Tuesday (Sept. 15) news release. “US companies are spending […]
May 04, 2026
American Express Global Business Travel (Amex GBT) will become a privately held company enhanced with additional artificial intelligence capabilities upon the closing of a $6.3 billion acquisition by Long Lake,...
April 19, 2026
After years of focusing on short-term home/apartment rentals, Airbnb is reportedly entering the hotel business. The company is adding independent hotels to its platform in a bid to spark growth,...
March 09, 2026
Travelsoft Pay will leverage Mastercard’s Wholesale Program (MWP) to simplify B2B payments across the travel ecosystem. This collaboration will provide payments infrastructure that is secure, scalable and travel-native, the companies...
