Diverse Tours & Activities Sector Finds Room to Grow Online

Tourists

How much is spent on tours and activities each year? Estimates range from US $135 billion to $200 billion. Cited as the third largest travel sector, this group is less a clearly defined sector and more a massive group that includes a handful of large companies and countless small ones. While online bookings are exploding… Read more »

Big Data Becomes Real for Online Travel Agents

OTA Big Data

Big Data has been a hot topic for a while. Amadeus did a study three years ago when early adopters were working on it. Now they’ve come out with an updated study which finds that the key to success with big data is experimentation, but it’s no longer for early adopters and it’s no longer… Read more »

Travel Payment Analytics and the Power of Virtual Card Numbers (VCNs)

Virtual Cards Data

Travel companies are using data in all of its various shapes and sizes to help deliver extraordinary customer experiences. But what about using data to inform administrative process decisions? Payments professionals who employ digital payment methods like virtual card numbers (VCNs) to pay their suppliers have access to richer data that helps automate and streamline… Read more »

Welcome to WEX Travel Payments Insights!

WEX Travel Payment Insights

Travel payments is a broad, global, and dynamic subject that deserves attention. As a worldwide leader in travel payments, WEX has many subject matter experts that will contribute to our mission of providing customers, partners, and employees with ongoing information, education, resources, and corporate news. Be sure to check back often, or register to have new… Read more »