The travel industry lags on payment trends - A strong focus on educating the industry about alternative payment methods and trends is critical to reducing costs, improving the customer experience, and speeding payments.

Sep 23, 2024 • Hospitality

Rapid transition to online bookings in the coming years - The global travel market is forecasted to grow 6-10% annually through 2026, with online bookings expected to reach 65% of all travel by 2026.

Sep 23, 2024 • Travel

What’s driving luxury travelers in 2024 - According to McKinsey, demand for luxury tourism and hospitality will grow faster than for any other travel industry segment.

Sep 23, 2024 • Hospitality

Marriott shifting loyalty from transactional to emotional - Hotel loyalty programs are often associated with earning points for free nights, but Marriott sees their potential to go beyond these traditional offerings.

Sep 20, 2024 • Hospitality

'Algorithmic' hotel pricing draws legal, regulatory scrutiny - Competition authorities on both sides of the Atlantic are scrutinizing the use of algorithms in pricing strategies, concerned that they may enable price-fixing and collusion.

Sep 20, 2024 • Hospitality

Slowdown in travel spending just a blip? - Marriott is watching to see if higher-end consumers continue to pull back on travel spending in the third quarter.

Sep 20, 2024 • Hospitality

Booking.com suffers legal defeat in EU over best price clauses - The OTA suffered a defeat on Thursday with its former best-price clauses before the EU's top court, the European Court of Justice (ECJ).

Sep 20, 2024 • Hospitality

Rebuilding Expedia - Some parts of Expedia Group faced challenges during the recent technology migration, and the new CEO is focused on rebuilding and moving forward.

Sep 20, 2024 • Hospitality