Reading Time: 4 minutes2020 brought dramatic ups and downs to the travel industry. Airports recorded a reduction of more than 6 billion passengers. Innovation brought the wonders of travel temporarily to the living rooms of people all around the world living under stay-at-home orders. There was hope in the form of a vaccine that promises a brighter future […]
Read More →Reading Time: 4 minutesTravel agent commissions are the travel agency payments received from hotels for the bookings an agent made at the hotel. For example, a commission payment may be 10% of the cost of the client’s room stay. Commission payment percentages vary from hotel to hotel, and travel agents can expect a bit of variance in their […]
Read More →Reading Time: 5 minutesFrom both a corporate and consumer standpoint, cross-border payments have integrated themselves into our daily life. Today’s companies do business around the world. Manufacturers source parts, materials, and labor abroad as often as they do domestically, and in some cases, large corporations outsource more than half of their business abroad. Global travel, both for business […]
Read More →Reading Time: 2 minutesOnyx CenterSource is excited to announce our new role as contributing data partner for the Skift Recovery Index. While the global hospitality market continues to navigate recovery from the COVID-19 pandemic, the availability of actionable data and insights remains vital. The Skift Recovery Index helps provide those insights by including a detailed view of the […]
Read More →Reading Time: 4 minutes When the hospitality industry speaks about payment innovation, much of the emphasis is put on guest payment experience in the hospitality space. With more and more guests demanding ease of payment for trips and hotel stays, it’s no wonder that keeping up with payment demand sees such enthusiastic discussion.But by concentrating on guest payments, […]
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