During the current pandemic, several credit card issuers have made changes to reflect the shift in spending habits for cardholders. This is especially noticeable for premium travel cards. These are cards that come with high annual fees and provide mostly travel related bonuses and benefits.
Hertz paid top executives $16M in bonuses ahead of bankruptcy // Walmart enters resale market with ThredUP partnership // 2/3 of laid-off workers may be receiving more in unemployment than they did from their jobs // NYC passes bill to limit delivery app fees // American Schedules 777-300ER On Surprising Route
Spain has decided to reopen its borders to foreign tourists. Spain’s Tourism Minister Reyes Maroto said on Monday that foreign tourists could be allowed to book vacations in Spain starting in July 1st.
On May 26, 2020, LATAM and its affiliates in Chile, Peru, Colombia, Ecuador and the United States filed to carry out a voluntary reorganization and restructuring of its debt under the Chapter 11 financial reorganization process.
While cash refunds will probably still be hard to get when the airline cancels flights, there are now two options, non-expiring vouchers and miles with a bonus, when passengers cancel voluntarily.
Emirates has sent out emails today announcing massive reductions in fuel surcharges. Effective May 21, 2020, the surcharge amounts will now be caluclated using a value by sector representing short medium and long haul sectors aligned to ARPCO zones
Merchant Category Codes (MCCs) are used to identify the type of business in which a merchant is engaged. Most of the time MCC identifies a business correctly but there are always some outliers, especially when it comes to small businesses.
With lock-down orders and travel restrictions around the country, air travel plunged 96% in recent months. On March 1st around 2.3 million people people passed through TSA checkpoints, including workers and crew members. Then on April 14th that number was down 87,534 people.
Lufthansa finds its savior, the German government. The company that was privatized two decades ago, will receive a 9 billion-euro ($9.8 billion) bailout. That financial help also comes with a catch.
Some accounts are showing a card icon and card name, and not only the issuer and the last four. This should make it much easier to identify the card.
The United States is suspending travel from Brazil as the coronavirus pandemic worsens in Latin America’s largest nation and economy. President Donald Trump issued a proclamation on Sunday banning ‘all aliens’ who have been in Brazil within 14 days before entering the U.S..
NASA looking for participants to isolate in a Russian lab for 8 months, Pakistan plane crash survivor speaks out, airlines and social distancing, Jaguar Land Rover seeks bailout from UK govt, Target to close up to 75 stores and lay off 13,000 workers.
The company had about $19 billion in debt and nearly 700,00 vehicles that have been largely sitting in parking lots due to the coronavirus pandemic and the lack of travel demand it caused. Hertz has been renting cars since 1918.
Japan has seen an incredible drop in the number of tourists entering the country. In April for example, only 2,900 tourists visited Japan. That is 99% less than the 2,926,685 people who visited the country last year in the same month.
The Transportation Security Administration is making changes to airport screening procedures to limit contact with passengers and agents as the peak summer season approaches in the middle of the coronavirus pandemic.
Millions of people who took advantage of financial hardship programs, Hyatt Place the best brand, CDC says coronavirus ‘does not spread easily’ on surfaces or objects, Uber Eats launches ‘Family Style Meals’ and Amazon Prime Day pushed to September.
If you have ordered meal deliveries from Home Chef, your personal information could be for sale in the dark web. The company has confirmed a data breach, two weeks after a data breach seller listed a database of 8 million customer records.
Hyatt Ziva Barbados replaces the originally approved Hyatt Centric. Project budget will be approximately $175M. It will include buildings from 10 to 18 floors. There will be 380 hotel rooms and 40 condominiums. Completion is expected in early 2022.