84% of young adult travelers aged 18-35 plan to travel international in the next 12 months; 44% cutting back on other expendituresSteep Black Friday travel discounts (up to 35% of some trips), all-in fees, and interest free monthly payment plansCAMBRIDGE, Mass., Nov. 7, 2023 /PRNewswire/ -- Despite inflation and increased expenses related to student loan repayments and higher air fares, a new survey from EF Ultimate Break found that travel is the one thing younger adult Americans, ages 18-34, refuse to cut out of their budgets. There might not be a better time to book affordable international travel than during Ultimate...
In this article, we shall discuss the world's 30 unfriendliest cities heading into 2024. To skip our detailed analysis of the global hospitality industry in 2024, go directly and see The World's 10 Unfriendliest Cities Heading into 2024.According to a market research report by PwC, macroeconomic headwinds and geopolitical turbulence is likely to influence the hospitality industry significantly in 2024, especially in the world's 30 unfriendliest cities. The report highlights that although leisure demand is still substantial, it has begun to wade in the last quarter of 2023, headwinds from which are likely to seep into 2024 as well. As...
Travel booking sites are rolling out deals on Tuesday, as the day after Cyber Monday increasingly becomes known for flight and hotel discounts.While "Travel Tuesday" promises savings on flights, cruises and stays as Americans set their sights on vacations in 2024, scammers are also hatching plans to rip off consumers.Fraudsters tend to pounce on shoppers around the holidays, a time when consumers make more purchases in general. Online retailers including Amazon.com say that while criminals never sleep, scammers are more active during this time of year. Generative artificial intelligence tools like ChatGPT are adding to the danger by helping bad actors devise more...
Go global! Our guests can now purchase thousands of flights to more than 500 destinations across 20 oneworld and additional partner airlines directly at alaskaair.com SEATTLE, Nov. 29, 2023 /PRNewswire/ -- Are you eager to lose yourself far away from home? Maybe get swept up in the awe of Paris; absorb the history, food and beauty of Japan; head down under to Sydney to dive into jaw-dropping Australian beaches. Alaska Airlines can help get you there with the power of alaskaair.com and the rewards of our Mileage Plan program. From Austin to Auckland or Zihuatanejo to Zanzibar, alaskaair.com can now take you...
The cross-border business is one of the most important growth drivers of payments processing companies in the post-pandemic era. This is fueled by the travel and entertainment-related transactions, which were severely impacted by the pandemic. With declining restrictions after the pandemic, domestic and cross-border travel surged by a significant margin, signaling a robust recovery in the tourism and hospitality sectors. Revenge travel quickly gained popularity as people sought to make up for lost vacations and experiences, boosting cross-border payments of financial services providers like Visa Inc. (V - Free Report) and Mastercard Incorporated (MA - Free Report) .Per the 2023...
Global payment orchestration platform, FinMont, has announced a new partnership with leading French payment solution provider Payplug. The alliance will allow FinMont to incorporate the omnichannel payment solution for European merchants into its global travel payment ecosystem. The founders of German airline, Hahn Air, launched FinMont to offer the travel industry a unique solution that, unlike other options available, streamlines not only B2C payments but also B2B payments. Combining both payments into a single view will help decision-makers identify and fix inefficiencies in their current payment processes. The firm’s mission is to help travel merchants use payments as a strategic...
“Orchestration” is an overly complex word used to describe something that’s actually quite simple. Where payments are concerned, “orchestration” is all about removing layers of complexity to make automated decisions that ensure each payment is processed in the best possible way.Large travel merchants understand payments can be costly and difficult to manage - imagine an airline or online travel agency that needs to accept payments across hundreds of different markets. Merchants of this scale typically need to accept hundreds of local payment methods, establish relationships with multiple different acquirers or fraud partners and build all the technical connections necessary to...
Sertifi’s authorization solution gives hotels an easier, more secure way to receive credit and virtual card information from travel and payment companies before a traveler’s arrivalChicago, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Sertifi, developers of a digital and secure credit card authorization solution used by over 15,000 customers, is excited to celebrate 12M+ authorizations received via the platform since launching its authorization solution in 2018.Sertifi partners with leading travel and payment companies, including Amtrav, Corporate Travel Management (CTM), and Conferma Pay, to ensure the secure delivery of card information to hotels, creating a seamless arrival for business travelers. With a free Sertifi...
The numbers would give anyone pause. For travelers, though, they add up to delays that can mean anything from a minor inconvenience to the ruin of journey of a lifetime.In the United States in 2022, delayed or canceled flights affected 200 million passengers.Disrupted flights in the U.S. totaled $34 billion in costs.And so far in 2023, nearly a quarter of U.S. flights have been delayed.Those statistics aren’t likely to improve anytime soon.“As climate change happens, these disruptions are going to be more frequent, they’re going to be more intense,” Jeff Katz, founder and CEO of Journera, told a Center Stage...
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© 2022 - 2023 TravelTradeToday Ltd. - Travel News, Insights and Resources .