The month of May unofficially kicks off the all important summer travel season and the industry has some bright spots as well as some negative factors to contend with. A recent UN Travel report indicated that international travel reached 97% of pre-pandemic levels in the first quarter of 2024 which is a very encouraging sign […]
Travel Tech Roundup – May 2024 Read More »
As recently as 2022, 68% of travel purchases were made online and with volumes approaching pre-pandemic levels, that number is sure to increase. A Trends Global Survey indicated that 80% of respondents felt it important to be able to book travel entirely online. Travel businesses strive for a seamless and easy online purchasing experience as
Travel Companies Focus on Improving Payment Technology Read More »
PRESS RELEASE From TravelTechnologySolutions.net NO EMBARGO AFTER 5.13.24 7:00AM EST – Distribute freely For more information or interview / quote requests, please contact: D Edward Levy – del@traveltechnologysolutions.net Technology and travel have always been paired together. From the first portable cameras from Kodak in the late 1800’s to today’s highly capable smartphones, travelers have been
A New Mobile App for Travelers and Travel Providers Read More »
Business and leisure are generally the two main categories of travel. Business travel, of course, is necessary while leisure travel tends to be more emotionally driven. Whether planned or spur of the moment, leisure travel purchases stem from want, not necessarily need. The two plus years of isolation and travel restrictions during the COVID-19 pandemic
Back to Basics for the Industry as ‘Revenge Travel’ Demand May be Slowing Read More »
The travel business is one of those industries that is susceptible to trends and whims of consumers and providers that stay on top of those trends are better positioned to capitalize on what’s hot. A major trend within the marketplace is sustainable travel. As environmental concerns continue to be on the forefront of media and
Technology Helps Push Sustainable Travel Initiatives Read More »
The travel market is now almost a year outside of the COVID-19 pandemic officially ending and the outlook looks bright for the industry as volumes return to pre-pandemic levels. The resurgence in travel demand, combined with the unabated adoption of mobile devices, means stronger demand for mobile travel apps. In fact, the market size for
Mobile Travel App Demand Reaches New Heights Read More »
A recent report from Statista suggested that in 2023, 8.8% of posted reviews on Tripadvisor were fake, doubling 2022’s tally. From a consumer perspective, that works out to about 1 in 10 reviews that could be considered phony. For travel brands, the reputational damage created by fake reviews is concerning as the industry relies heavily
Travel Brands Turn to Technology to Fight Fake Reviews Read More »
Travel and technology have always paired together. Eastman Kodak’s first portable camera in the late 1800’s ushered in a new era of must have travel technology. The evolution of technology has taken leaps and bounds as we fast forward to the mass adoption of the all-in-one smartphone. These versatile and highly capable mobile devices have
Increasing Travel Demand Drives Travel App Downloads Higher Read More »
Technological evolution happens at a rapid pace and as devices and networks get faster, so does the speed and accuracy of online payment technology. The travel industry is wholly dependent on payment infrastructure as debit and credit instruments are the preferred choice of tender for travelers. The process in accepting debit or credit cards has
AI Drives Innovation in Travel Payment Technology Read More »
Travel is truly an international business and travel providers are accustomed to their products and services being available on a global scale. That scope of availability means providers and online travel agencies need to accept forms of payment that are popular and easily accessible. Credit cards such as VISA, MasterCard and American Express are the
Cryptocurrency Opportunities in the Travel Marketplace Read More »