article thumbnail

Travel Sites, Airbnb Get Boost In Domestic Short-Term Rental Bookings

PYMNTS

Airbnb said it has booked more nights for U.S. Since the pandemic began four months ago, the percentage of bookings on Airbnb within 200 miles has grown from one-third in February to more than 50 percent in May. The San Francisco-based home-share company is not alone in seeing bookings increase. Among the top U.S.

article thumbnail

AirBnB Blocks Under Age 25 From Booking In Canada After Toronto Violence

PYMNTS

To prevent so-called “party house” violence, Airbnb has begun restricting some bookings in Canada from renters under the age of 25. The move comes after several bookings off the popular rental service have ended in violence; the most recent incident was last week in Toronto that left three dead.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hopper Now Offering Direct Hotel Booking

PYMNTS

Hopper has announced that more than 270,000 hotels in over 200 countries and territories across 1,600 major cities are now available to book directly through the app. According to Hopper, booking a hotel at the optimal time can save travelers on average $61/night off of peak prices. Do you always book hotels with pools?

New York 100
article thumbnail

How GDPR Is Testing The Homesharing Market

PYMNTS

As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Putting this into practice would call into question whether or not Airbnb could operate in several state markets — a win for hotels. Around the Payments and the Platform Economy.

Marketing 179
article thumbnail

Arming SMBs With T&E Tech That Flexes With The Market

PYMNTS

Everybody wants to know what the future of corporate travel will look like in a post-pandemic market. There are several key pain points for SMBs when it comes to booking and paying for business travel that have existed long before the pandemic hit. Keeping Spend In Check. The first, said Sikora, is in SMBs’ lack of buying power.

Marketing 208
article thumbnail

Bank Product Profitability and Productivity

South State Correspondent

The takeaway is that banks interested in increasing their market-to-book ratio should consider allocating more resources and capital to deposit products and deposit marketing. Loans, by contrast, usually drive 75% of total asset productivity but only impact market-to-book changes by 8%. The answer is – most likely.

Study 195
article thumbnail

5+ Areas Financial Institutions Must Focus on in the Current and Post-COVID-19 Era

Perficient

Security : Disabling security to enable security, making it easier to become a customer, and enabling safe and secure data sharing will be the hallmark of new security strategies. Marketing : The financial industry will use videos to engage with customers, replacing FAQs, and product demos.

Video 520