Articles tagged “travel payments”

Airlines

Pay-When-You-Fly Options Could Ease Pandemic Booking Uncertainties for Travelers

The pandemic has brought to the forefront the inequality of flight pricing and payment methods. Offering interest-free deferred payments to all passengers would be a step in the right direction for airlines.

Pay-When-You-Fly Options Could Ease Pandemic Booking Uncertainties for Travelers

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.

Travelport Agrees to Sell Enett to Wex at a Bargain Price

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.

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

Online Travel

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Global Blue helps luxury goods shops at airports process purchases by international travelers. Private equity firm Silver Lake's attempted sale of it looks likely soon.

Payments Firm for Airport Luxury Goods Shops Could Sell for $2.6 Billion

Tourism

Travel’s Worst Nightmare Returns to Haunt Asia

Once again a deadly health scare proves to be the only thing that can stop travel. The older Asian tourism members understand this from the SARS crisis, and now the millennials are witnessing it too.

Travel’s Worst Nightmare Returns to Haunt Asia