Virtual payments have become a critical revenue driver for the travel industry by optimizing the payment flow between travel agencies and providers. This roundtable discussion between SkiftX and two Sabre executives explores the challenges and opportunities around business-to-business payments to help travel companies unlock new revenue streams.
As the Chinese travel market embraces personalization, technology integration, and enhanced experiences, the industry needs to adjust to this ever-changing landscape.
As Go First’s operations remain suspended and financially-troubled SpiceJet’s schedule shrinks, Indigo and Air India will shoulder the bulk of responsibilities in the Indian aviation industry.
The pandemic accelerated the shift to digital and alternative payments. To capitalize on this, hoteliers should modernize their payment tech stack to offer seamless integration and diverse payment options for increased bookings, higher-value reservations, and improved guest satisfaction.
Booking Holdings' proposed remedy to push through its pending deal to acquire eTraveli Group may not be enough. Perhaps additional concessions or litigation are in the offing.
The fine print would ultimately determine the financial impact of the Digital Markets Act. But the fact that Booking Holdings filed a statement from Booking.com with the U.S. Securities and Exchange Commission about it this week means it believes the repercussions could be material to its operations.
As Indian carriers look to increase their aircraft fleet and expand jet numbers, it is crucial that airlines are positioned to attract and retain pilots in a highly competitive market fueled by resurgent demand for air travel.
Cash is king is a well-known business mantra. But it looks like it is Italy's as well, and fairly archaic considering advancements in digital payments that don't always necessarily equate to punitive fees.