Hospitality Payment Trends for 2022 and beyond
The pandemic may have temporarily stalled the ambitions of travellers, but there can be little doubt that many are poised to explore the world once again, just as soon as the global pandemic abates.
As vaccination rates rise and effective treatments emerge, countries are already tentatively reopening their borders, recognising that travel restrictions are, at best, a blunt tool to manage outbreaks. People are keen to take advantage, with travel returning faster and with greater vigour than anyone might have predicted in the heat of the crisis.
The right payment system allows hospitality businesses to lean into the recovery. It helps businesses manage their staffing crises by allowing them to do more with less and rebuild relationships with their customers, understand those customers betterand provide them with the services they need at the right price points. It also enables them to manage hygiene and sustainability factors and give clear reporting for stakeholders.
Because payment is at the heart of the Hospitality business, it is key for all hoteliers to get the latest trends in the industry to better prepare their business for what’s to come.
We are pleased to share the eight hospitality payment trends that will support you in boosting your hotel occupancy and improving your customer experience in our latest White paper.
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