Travel Weekly Group Ltd - 10 Minutes News for Hoteliers - Page 111

3 min

Guest Post: The busiest time for bookings:…

💳 January is the busiest month for travel businesses with high online holiday search and booking numbers. The UK travel and tourism industry, highly competitive, necessitates distinct experiences and streamlined payment processes. Payment Service Providers (PSPs) facilitate diverse payment options, such as Buy Now, Pay Later, Open Banking, and tokenization, enhancing transaction efficiency and security. Pay by link with 3D Secure 2 protocols is gaining popularity for its convenience and added security. UK Finance reported over £551 million in losses to payment fraud in 2023, with spikes during peak periods. Improved payment security and transparency build customer trust. Efficient payment systems boost operational efficiency, allowing travel businesses to handle more bookings and maintain service quality during high demand. Missed payment system enhancements can lead to lost revenue opportunities. Partnerships with PSPs can provide strategic advice and tailored services, crucial for managing fraud risks and high-volume transactions.

2 min

Business travel and rail on the rise among…

📊 UK SMBs anticipate increasing domestic travel volumes (76%) and business travel budgets (79%) in 2025. Business travel grew by 74% in 2024 compared to 2023. A third (33%) of decision-makers aim to use more rail to cut carbon footprints. An impressive 87% now have emission reduction targets, up from 52% in January 2024, and 85% support lower-carbon travel financially. Regulatory influences are driving 34% of SMBs' lower carbon policies. Andrew Cruttenden of Trainline Partner Solutions underscores the value of tech solutions for sustainable rail travel growth.

2 min

Data intelligence firm Mabrian launches Gen…

📡 Mabrian launched AILA (Artificial Intelligence Live Assistant), a Generative AI-based virtual analyst for optimizing tourism planning and management. AILA, a B2B Gen AI tool, uses Mabrian's travel intelligence database in real-time responses to tourism trends. It integrates with seven data modules: Air Capacity, Traveller Behaviour, Accommodation, Spending, Telecommunications, Mobile Data, and Sustainability. AILA provides personalized insights through natural language interaction in any language. The tool will evolve into an advanced agent for predictive analysis and action plans. AILA will debut at FITUR 2025, aligning with Mabrian's vision to enhance decision-making in tourism with advanced analytics capabilities.

2 min

One in 10 travellers are victims of payment…

🛏 One in 10 hotel guests have experienced payment fraud, with an average loss of £564.08 per victim in 2024. Adyen's Hospitality Report indicates 71% of travelers fear booking scams, and nearly half of hotels (47%) still offer phone payments. Despite only 11% of guests preferring this method, 51% of business leaders consider it popular. Over a third (38%) of businesses reported increased fraud in 2024, with average losses reaching £845,111.06. Safer payment options at check-in (43%) and direct online booking (36%) are preferred by travelers.

2 min

KAYAK launches What the Future Travel Trend…

🚀 The KAYAK "WTF - What the Future Travel Trend Report" predicts 2030 travel trends based on a survey of 9,100 people from nine countries, KAYAK user behavior, and expert insights. By 2030, AI travel agents will offer personalized trips, with 38% of travelers desiring flexibility and 37% preferring customized itineraries. Multi-stop trips will be prioritized, with 66% of respondents valuing travel highly. Wellness will influence destination choices, with 60% seeking relaxation. Social media's role in travel booking will grow, with 36% already inspired by platforms. Expect holographic concierges and VR in-flight entertainment, as well as a shift to lesser-known destinations due to overtourism and carbon footprint concerns. Lastly, travel loyalty programs will evolve to offer personalized rewards, with 29% of travelers desiring such benefits.

2 min

Nuvei partners with Outpayce from Amadeus

🏩 Canadian fintech Nuvei partners with Amadeus' Outpayce to integrate into Xchange Payment Platform (XPP), aiming to position Nuvei as a global leader in Outpayce's payment ecosystem. Travel businesses using Outpayce's XPP can now access Nuvei’s payment capabilities, enhancing transaction processing and security across 200+ markets and supporting 720+ local payment methods. The partnership simplifies payment processes for airlines and travel companies, promising faster implementation and advanced security measures.

2 min

Inspiretec partners with cruise tech firm…

🚢 Inspiretec partners with Swedish Dreamlake to enhance cruise booking for tour operators and retail travel platforms. The collaboration offers a complete cruise solution, including search, pricing, and booking across B2B, B2C, and retail. Inspiretec's CRM will also be available to Dreamlake customers. Launch is set for this Spring with an unnamed customer for online, retail, and trade channels. The integration addresses the cruise market's rapid growth and outdated booking solutions, aiming to give businesses a competitive edge.

1 min

Ecosy Travel Ltd becomes a Certified B…

🗺 Ecosy Travel Ltd, a sustainable travel tech startup, has been awarded B Corporation certification for its commitment to reducing the climate impact of travel and tourism through software innovation. The company, which fosters a community of eco-conscious accommodation providers, recently launched Sustainable Travel Technologies to accelerate carbon reduction in the sector. B Lab UK's executive director, Chris Turner, and Ecosy's CEO, Rebecca Thompson, both underline the significance of Ecosy's certification in driving positive change and sustainable tourism practices.

2 min

Camino Network’s CAM Token lists on two…

💸 The Camino Token (CAM) was listed on Gate and MEXC exchanges on January 17. CAM is the native cryptocurrency of the Camino Network, a Layer 1 blockchain developed by Chain4Travel and managed by 100 travel industry validators. It functions as a payment method, rewards mechanism, and grants access to travel perks. The listing aims to increase CAM accessibility and signal a move towards the adoption of blockchain in travel. The Camino Network Foundation is focusing on expanding CAM's utility and adoption. Swiss seed and pre-sale rounds raised over $10M for the Camino Network’s infrastructure. Lufthansa Group is developing blockchain solutions on the Camino Network.

3 min

Guest Post: Payment automation – The secret…

💳 In the "Serviced Apartments Innovations in Technology 2025" report, only 19% of serviced apartment operators have fully automated financial administration. Gen Z, a key market for the industry, makes 87% of purchases via phones, using debit cards (42%), credit cards (28%), and alternative methods (30%) such as Apple Pay and PayPal. Automated payment solutions are critical in the serviced apartment sector for efficiency and meeting rising guest expectations, especially since the Gen Z market is expected to contribute $200 billion to the travel industry.

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