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Articles tagged “payments”

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 | 3 years ago

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

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 | 3 years ago

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

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 | 3 years ago

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

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 | 3 years ago

Travelport Agrees to Sell Enett to Wex at a Bargain Price

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 | 3 years ago

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

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 | 3 years ago

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

Online Travel

The Largest IPO in History Just Happened and It Has a Huge Travel Angle

Booking.com, Airbnb, Marriott, and every high-end retail shop on the Champs-Élysées want to see the proliferation of Alipay and other digital payment services to capture the spending of Chinese travelers. But Alipay's key cross-border payments strategy, despite a record-setting IPO, has run into major snags.

Dennis Schaal, Skift | 4 years ago

The Largest IPO in History Just Happened and It Has a Huge Travel Angle

Online Travel

Expect Hotels to Mimic the Airline Payments Playbook as They Fight to Get Paid by Agencies

Many guests pay travel agencies in advance for hotel bookings. But some agencies hold the money until weeks after a guest has checked out. Many hoteliers want to get the payments sooner. They could learn a few tricks about that from airlines, which have tamed the payments monster.

Sean O'Neill, Skift | 4 years ago

Expect Hotels to Mimic the Airline Payments Playbook as They Fight to Get Paid by Agencies

Business Travel

TripActions Expands Into Expense Management With Eye on Rivals Like Concur

What do you do when your customers stop traveling? Diversify into procurement and expense management, of course.

Matthew Parsons, Skift | 4 years ago

TripActions Expands Into Expense Management With Eye on Rivals Like Concur

Online Travel

What Trump’s WeChat Ban May Mean for the Travel Sector

Trump's ban on the Chinese superapp WeChat may turn out to be a mere annoyance for many Chinese travelers. But it could cause real harm to some U.S. travel organizations.

Sean O'Neill, Skift | 4 years ago

What Trump’s WeChat Ban May Mean for the Travel Sector