business travel

74% of Travelers View Digital Wallets as Essential Gear for Vacations
74% of Travelers View Digital Wallets as Essential Gear for Vacations
September 23, 2024  |  Mobile Wallets

The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations...

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Citizens and Navan Partner on Travel Management Platform
Citizens and Navan Partner on Travel Management Platform
September 10, 2024  |  Partnerships

Rhode Island-based regional bank Citizens has partnered with travel and expense (T&E) technology provider Navan to offer a travel management platform to Citizens’ clients. The travel platform...

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AI Takes the Wheel in Travel Planning
AI Takes the Wheel in Travel Planning
September 10, 2024  |  Artificial Intelligence

Artificial intelligence is reshaping the travel industry, with Greece introducing an AI-powered travel assistant named Pythia and Google showcasing its Gemini AI system at an...

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JetBlue Focuses on Leisure Routes on Road to Restore Profits
JetBlue Focuses on Leisure Routes on Road to Restore Profits
July 30, 2024  |  Earnings

JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million...

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American Airlines CEO: Q2 Profits Plunge 46% Due to Failed Sales Strategy
American Airlines CEO: Q2 Profits Plunge 46% Due to Failed Sales Strategy
July 25, 2024  |  Earnings

On Thursday (July 25), American Airlines announced a record second-quarter (Q2) revenue of $14.3 billion. However, net income plunged 46%, to $717 million, while a “bright...

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Travel Industry Shifts Gears With New AI Tools 
Travel Industry Shifts Gears With New AI Tools 
July 23, 2024  |  artificial intelligence

Travel companies are introducing a range of artificial intelligence (AI)-powered tools, signaling a change in how business trips are booked and managed. Altour, United Airlines,...

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Global Business Travel Spending to Surpass 2019 Record
Global Business Travel Spending to Surpass 2019 Record
July 22, 2024  |  Travel Payments

Global business travel spending is expected to reach a record high in 2024, exceeding the current record that was set in the pre-pandemic year of...

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Lloyds Reportedly Puts Brakes on Staff Travel
Lloyds Reportedly Puts Brakes on Staff Travel
July 15, 2024  |  Banking

Lloyds is reportedly telling staff to reduce their use of taxis and business class flights. It’s part of the British banking giant’s attempt to cut...

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Delta Airlines Q2 Earnings: Business Travel Continues to Surge
Delta Airlines Q2 Earnings: Business Travel Continues to Surge
July 12, 2024  |  Earnings

Business travel at Delta Air Lines is surging, exceeding expectations with “mid-teens” growth, according to a Thursday (July 11) Q2 earnings transcript. Delta President Glen...

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