hospitality

One in Every Ten Dollars Globally Spent on Travel in 2024
One in Every Ten Dollars Globally Spent on Travel in 2024
September 03, 2024  |  Travel Payments

Travel spending will generate a record 10% of gross domestic product (GDP) this year. That’s according to a report Monday (Sept. 3) by Reuters, citing...

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How the World Does Travel: Sector Checks In Late on Digital Engagement
How the World Does Travel: Sector Checks In Late on Digital Engagement
September 02, 2024  |  Connected Economy

The travel industry, long defined by in-person transactions and physical tickets, is gradually moving toward digitalization. However, according to the PYMNTS Intelligence report, “How The...

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Hotels Turn to Digital Wallets Amid Key Card Security Worries
Hotels Turn to Digital Wallets Amid Key Card Security Worries
September 01, 2024  |  Mobile Wallets

Just as plastic cards replaced metal keys at hotels, digital wallets are replacing key cards. As CNBC reported Sunday (Sept. 1), this shift follows a tough...

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Instant Tip Payouts Give Restaurants Better Ways to Pay Workers and Ditch Cash
Instant Tip Payouts Give Restaurants Better Ways to Pay Workers and Ditch Cash
August 30, 2024  |  Payment Methods

Beyond the balance sheet, loyalty is the primary currency restaurant and hospitality operators survive on. But it’s not just the loyalty of their customers that...

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Cantaloupe Introduces Self-Service Commerce Solution for Hospitality Suites
Cantaloupe Introduces Self-Service Commerce Solution for Hospitality Suites
August 27, 2024  |  Commerce Connected

Cantaloupe introduced a self-service commerce solution designed for hospitality suites at stadiums and venues. The new Suites solution allows suite owners to make changes to...

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Hotels.com Adds Affirm’s Pay-Over-Time Solution to Checkout
Hotels.com Adds Affirm’s Pay-Over-Time Solution to Checkout
August 20, 2024  |  BNPL

Approved guests who book accommodations on Hotels.com can now pay over time by selecting Affirm at checkout. These guests are shown the total cost of their purchase...

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Travel Platforms Reroute Strategies to Elevate Customer Engagement
Travel Platforms Reroute Strategies to Elevate Customer Engagement
August 16, 2024  |  Travel Payments

As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets...

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Travel Firms Take Financial Hit From Outdated Payments Systems
Travel Firms Take Financial Hit From Outdated Payments Systems
August 15, 2024  |  Money Mobility

Travel spending is on a trajectory to reach an all-time high in 2024, making staffing for travel companies an even greater priority than ever. Outdated...

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From Travel to Coffee to eCommerce, Consumers are Pulling Back
From Travel to Coffee to eCommerce, Consumers are Pulling Back
August 09, 2024  |  Retail

Consumers are thinking twice before pulling the trigger to buy even everyday items — a hesitation to spend that’s evidencing itself in slowdowns and headwinds for...

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