travel

DOT Launches Inquiry Into Rewards Programs of 4 Airlines
DOT Launches Inquiry Into Rewards Programs of 4 Airlines
September 05, 2024  |  Loyalty & Rewards

The Department of Transportation (DOT) has launched an inquiry into the rewards programs of the four largest U.S. airlines, saying it aims to protect customers from...

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Airbnb Wants NYC to Ease Short-Term Rental Restrictions
Airbnb Wants NYC to Ease Short-Term Rental Restrictions
September 03, 2024  |  Real Estate

Airbnb says New York City’s short-term rental law hasn’t done its job. “In the wake of stringent measures, consumers are instead facing all-time high hotel prices...

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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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Beyond the Form Factor: The Story of Digital Wallets Is Still Unwritten
Beyond the Form Factor: The Story of Digital Wallets Is Still Unwritten
August 28, 2024  |  Digital Payments

There have been some significant milestones so far in the development of the digital wallet. Its early days track back to 2003 with the debut...

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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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Private Jet Demand Dips as Prices Rise and COVID Fears Fade
Private Jet Demand Dips as Prices Rise and COVID Fears Fade
August 16, 2024  |  Travel Payments

Private jet charter flights reportedly experienced a decline of 15% in the first half of this year compared to their peak in 2022. The drop...

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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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FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
August 09, 2024  |  Investments

FLYR raised $295 million to accelerate the development and delivery of its reservation systems and artificial intelligence-based decision automation solutions to travel industry companies around...

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