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Deep Dive: Travel, Hospitality Get A Millennial Makeover

PYMNTS

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

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Homesharing Platforms Vie For Millennial, Gen Z Travelers

PYMNTS

They want convenient booking tools, fast payment methods and secure reservations when planning their trips, and these needs have not changed much as millennials have come of age. Competition is thus a multilevel event for hospitality services that need to juggle payment innovations, user perks and security.

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Deep Dive: How Customer Behaviors Drive Demand For Mobile Disbursement Innovation

PYMNTS

There has been similar growth in mobile disbursement interest in the business-to-business (B2B) space as well, especially as more millennial and Gen Z workers join firms’ staff. Millennials are among the top financial app users: 94 percent of surveyed millennials use P2P apps like Venmo and Zelle.

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Does Hipmunk’s Demise Signal Larger Changes In Travel?

PYMNTS

As the travel industry shifts into higher digital gear, and increasingly responds to the needs and desires of new consumer groups — millennials and Gen Z among them — some players are getting left behind and making their way into the history books. That’s the general case with travel search startup Hipmunk.

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Amid Innovation And Disruption, Travel And T&E Strive Toward An Omnichannel Ideal

PYMNTS

That offering, called Certify Enterprise Travel, was meant complement Certify’s existing Certify Travel booking solution, the company said. According to the latest PYMNTS Commerce Connected Playbook , for example, millennials can comprise 20 percent of travelers around the world depending on the type of travel involved.

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How Younger Generations Impact Travel Marketplaces, Payments

PYMNTS

What this demographic wants out of peer-to-peer (P2P) marketplaces is changing, however, as more millennials become fully active members of the working world. Millennials are still spending money on trips and vacations, but how and where they do so is shifting. Millennials And Their Changing Travel And Payment Opinions.

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Evolving Employee Travel Booking Habits Forces Employers (And TMCs) To Be Flexible

PYMNTS

Adherence to corporate travel booking policies is slipping. At the same time, a younger workforce is advancing, while technology is enabling the sharing economy to proliferate – and enabling travelers to book itineraries across devices and platforms. “More millennials are coming into the workforce and are self-sufficient.

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