HRS Agrees to Acquire Expense Management Platform Paypense

 

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August 05, 2022 HRS Agrees to Acquire Expense Management Platform By Michael B. Baker HRS has agreed to acquire Germany-based expense management platform Paypense, which it will integrate into its own HRS Pay spend management platform, the company announced. Launched two years ago, Paypense combines corporate card and expense management functions, enabling companies to distribute Paypense virtual cards and set up budgets. Keep Reading Lufthansa: Q2 Premium-Class Load Factors Above 2019 Despite a "challenging" first half of the year, Lufthansa Group turned a second-quarter net profit amid a continuing business travel recovery and a premium-class rebound. Keep Reading Lyft: Q2 Managed Business Bookings 'More Than Doubled' Travel "came roaring back" during the second quarter of 2022, and ride-hailing supplier Lyft said managed business bookings through its platform soared. Keep Reading IATA: Global June Load Factor Above 80 Percent For the first time since January 2020, the industrywide airline passenger load factor in June 2022 was above 80 percent, according to IATA. Keep Reading American to Redesign U.S. Admirals Clubs American Airlines has started redesigning its Admirals Clubs in the United States, with the first new space to open this fall at Ronald Reagan Washington National. Keep Reading ARC Promotes Solomon to Chief Commercial Officer Airlines Reporting Corp. has promoted VP of global customers and data products Steve Solomon to chief commercial officer, a newly created role at ARC. Keep Reading EV Rental Co. Ufodrive Expands to U.S. Luxembourg-based all-electric-vehicle rental car platform Ufodrive has expanded to the United States, with operations launched in San Francisco. Keep Reading We rolled over special corporate rates since the beginning of the pandemic. … It's early, but we can certainly imagine those rates being up high single digits year-over-year in 2023." - Marriott's Tony Capuano Read More 77% Second-quarter increase in Chicago hotel rates due to inflation, according to TravelPerk, the highest among any global city the company analyzed. Check It Out 100 Lighting Way Secaucus, New Jersey, USA 07094

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