Vistana Signature Experiences

UNWTO | May 07, 2020

International tourism faces its worst crisis since records began, with up to 1.1bn fewer people taking trips globally in 2020. The scale of the coronavirus pandemic’s impact is outlined in a report by the World Tourism Organization (UNWTO), which predicts a decline in international arrivals of between 58% and 80% this year. This is due to widespread travel restrictions and the closure of airports and borders worldwide. The prediction of a 58% decline is based on the gradual ...

Travel Technology, Industry Outlook, Hospitality Trends

Paysafe | October 21, 2022

Paysafe (NYSE: PSFE), a leading specialized payments platform, announced a new integrated payments partnership with HotelKey, a cloud-based software solution provider for the hospitality industry. Paysafe will seamlessly integrate with HotelKey’s software solutions to streamline payments for U.S. hotels across their front-desk, hospitality, retail, food and beverage, and other back-of-house operationsHotelKey’s software solutions are currently deployed across thousands of hotels in t...

Travel Technology

Fraugster | August 02, 2022

Fraugster, an AI payment intelligence company, together with Worldline, a global leader in secure payments and trusted transactions, has confidently enabled travel merchants to weather the storm of the Covid-19 pandemic with its Chargeback Protection Solution. The solution eliminates chargeback losses for merchants by taking full liability for fraudulent transactions. At the same time, advanced AI trained on global payment data makes more accurate decisions to boost approval rates. Innovations i...

Buying Business Travel | February 03, 2020

Amadeus has completed the acquisition of Sky Suite, the airline network planning software business of Optym, following a three-year partnership. The travel technology firm said it will further integrate Sky Suite into its Airline Platform, including software for network optimisation and simulation, frequency and capacity planning, network planning and forecasting, and a flight scheduling development solution. The two companies have jointly delivered solutions to Southwest Airlines, Easyjet and L...