STUDY: 90% of Business Travel Managers are Using AI, but Opportunities in Corporate Travel Abound
📌 UATP, a global payment network, announced HRS, a corporate lodging and payment platform, as a new UATP Merchant, marking UATP's first major move into hotel acceptance. This partnership allows for UATP payments at a wide array of business-travel ready hotels and offers invoice automation, billing, and reconciliation from a single provider. The announcement came ahead of UATP’s Airline Distribution® 2025 event in Budapest, with discussions led by UATP CEO Ralph Kaiser and HRS CEO Tobias Ragge on March 19. The collaboration is expected to enhance payment efficiency for corporate travel managers, HRS’ core market, where UATP accounts are commonly used. HRS provides an AI-powered platform for hotel procurement, booking, and payment, while UATP adds its payment expertise to the sector. Both companies aim for mutual benefits from their aligned technological innovations.
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