CellPoint Digital has launched a suite of alternative payment methods for the travel sector. The payment orchestration company’s APM Hub debuts as travelers are increasingly turning to alternative payment methods (APMs) like digital wallets. “The launch of the APM Hub underscores the growing importance of APMs...
Cryptocurrency-native travel platform Travala integrated the Solana blockchain network. As part of the integration, Travala will add SOL travel rewards as an option for loyalty program members, while also deploying its AVA token — used to access its loyalty program — on Solana, according to...
American Airlines is reportedly considering consolidating its business with a single credit card partner, potentially by making Citigroup its exclusive partner and dropping Barclays. The airline’s talks with banks and card networks are ongoing and the timing of an agreement is unknown, CNBC reported Friday...
With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more, CEO Brian Chesky said at a travel conference, Reuters reported Thursday (Sept. 19). “Stays of...
Expedia has launched a series of “shoppable storefronts” curated by social media influencers and brands. The company’s Travel Shops, announced Monday (Sept. 16), allow creators to share and save travel recommendations using the Expedia app. “Every day, people are liking and buying products recommended by influencers they trust,...
Global payment network UATP and buy now, pay later (BNPL) provider Klarna have partnered to allow airlines to offer Klarna’s flexible payment options. With this collaboration, airline customers can select Klarna’s immediate payments; short-term, interest-free BNPL; or longer-term financing for travel products and services, the...
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 data from World Travel and Tourism Council (WTTC), a non-profit membership group. The WTTC estimates show the travel industry contributing...
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 and evolving preferences. Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global...
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 in demand can be partly attributed to a waning of the surge in demand caused by the pandemic and to...
