Articles tagged “payments”

Online Travel

Online Travel’s Localization Quandary

Traveloka knows how to go local in Indonesia and some other countries in the region, and that's one element of its traction in these markets. But can local ever be too local when online travel agencies mull international expansion?

Dennis Schaal, Skift | 3 months ago

Online Travel

Priceline Extends Fintech Capabilities to the U.S. Military in Expanded Partnership

While travel management companies have battled over the years for government travel contracts, Priceline seems to have found a solid niche in a less lucrative leisure travel business for members of the U.S. military and their families. Priceline isn't looking for a big return from the effort while executives and employees feel proud to be a part of it.

Dennis Schaal, Skift | 5 months ago

Online Travel

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Bookings Holdings Fintech boss Daniel Marovitz says payments is arguably the world's largest industry. Across the online travel universe, look for payments to eventually become a line item — and very material to companies' financials.

Dennis Schaal, Skift | 5 months ago

Online Travel

Visa-Backed Startup Nium Announces Acquisition to Dig Deeper Into Travel Payments

There are more signs of confidence that travel’s making a comeback, with outsider Nium now wanting a slice of the payments action by buying Ixaris.

Matthew Parsons, Skift | 6 months ago

Free Read

Hotels

Executive Q&A: Hotels Must Prioritize Payments Now to Stay Ahead in the Future

For many hotels, getting payments right is just another cost, system to integrate, or added complexity to manage. But when done correctly, payments can go beyond simply being used for transactions to better connect the dots between who your guests are and the experiences and services you provide.

Adyen + Skift | 4 weeks ago

Online Travel

Booking Holdings Sees a Surge in Flight Bookings as It Plays Catch-Up With Expedia

For years, industry analysts would muse: When is Booking.com going to launch flights? Well, now that business is showing strength, albeit from a small base. Seen as strategic, that airline ticket business comes at a price — lower profit margins.

Dennis Schaal, Skift | 7 months ago

Online Travel

Booking Holdings Missed Out on the Pandemic’s Global Short-Term Rental Boom: Here’s Why

The geographic business mix of Booking Holdings has always been a tightly held secret. The trajectory of the uneven recovery, with the U.S. being its strongest and Europe the weakest regions, prompted the company the tell-all. The dynamic proved disadvantageous for Booking's short-term rentals.

Dennis Schaal, Skift | 7 months ago

Online Travel

Booking’s Subtle Message to Airbnb: We’re Coming to the U.S. and We Like Our Position

Is there one little thing that Wall Street is forgetting about the Booking Holdings-Airbnb face-off? Booking Holdings has a huge hotel business and Airbnb doesn't. Booking is certainly lagging in short-term rentals, but CEO Glenn Fogel is probably justified in liking his cards.

Dennis Schaal, Skift | 9 months ago

Online Travel

Travel Megatrends 2025: The Rise of Global Mobile Wallets Upends Travel Payments

The pandemic kickstarted a second payment revolution, and by 2025 travelers were in even more control of how they booked their trips and spent their money during their wanderings.

Matthew Parsons, Skift | 10 months ago

Online Travel

Travelport Agrees to Sell Enett to Wex at a Bargain Price

Wex Chair and CEO Melissa Smith has proven her mettle by being a shrewd negotiator, going up against the famously ferocious activist investor Elliott Management, part-owner of Travelport.

Sean O'Neill, Skift | 12 months ago

Online Travel

Is Your Payments Partner Ready to Tackle the Challenges of 2021 Travel?

While some payments companies are retreating from the travel vertical, others are doubling down – with solutions focused on making the payments experience better, simpler, and more consistent across different geographies and platforms.

Skift | 12 months ago

Online Travel

Amadeus Taps Citibank as Partner for New Currency Exchange Tool for Travel Companies

Much of the travel industry uses currency pricing tools that haven't advanced much in a decade. The sector will welcome any new tools that can genuinely cut complexity, time, and costs during the ongoing revenue crisis. Enter Amadeus.

Sean O'Neill, Skift | 12 months ago