Details Written by: RJ Multiple media outlets have reported Choice Hotels is interested in purchasing Wyndham Hotels. It’s not confirmed if Wyndham has interest in a merger, though it seems the two companies are in early discussions. Reuters Thoughts Personally I don’t have much experience with either chain. Wyndham does seem to be a sleeper…
Details Written by: RJ Hilton has announced the launch of a new extended stay property line under the working title: Project H3. Billed as a lower scale property for travelers booking 20 or so night stays. These properties will be apart of the Hilton Honors points system. Deliberate Design: This product will reimagine core design…
Details Written by: RJ United has quietly implemented a massive points devaluation of ~33%, going as high as 50% in some cases. The examples I’ve seen are mostly for transatlantic flights. These devaluations also extend to partner airlines. United doesn’t publish an award chart. Prices/points increases have been identified by playing around with flight options.…
Details Written by: RJ Citi has added Accor Live Limitless (ALL) as a new hotel transfer partner. Citi Thank You points can be transferred at a 2:1 rate. You still need a Citi card that allows for transfers like the Premier or Prestige. Transfers can be made in increments of 1k points. OMAAT is valuing…
Details Written by: RJ US Bank has launched a new business card. DoC is reporting this card was created to help with the conversion of the Union Bank cards that US Bank acquired in the recent merger. Business Altitude Power Annual fee: $195 Multipliers 2.5x Mobile wallet purchases ($5k in spend per quarter) 2x All…
Details Written by: RJ Citi Pay Credit is a digital-only credit card and dedicated line of credit for customers to make purchases at participating retailers that offer Citi Pay Credit. Highlights of Citi Pay Credit include: Independent line of credit: Citi Pay Credit provides a new credit line that is separate from the Citi® credit…
Details Written by: RJ As first reported by Ben Hedges a month or so ago, TD Bank has released a two new credit card products. As well as refreshing the existing lineup. New cards TD Clear This gives customers two options: $1k credit limit and a $10 monthly fee $45/month minimum payment that includes the…
Details Written by: RJ SoFi & Expedia have announced plans to launch a travel portal. This will be a SoFi branded portal, powered by an Expedia back end. No release date yet. Customers will be able to book hotels, airfare, rental cars, travel packages, & experiences via the portal. There will be discounted pricing and…
Details Written by: RJ Chase is purchasing the failed First Republic Bank from the FDIC for $10.6 billion. Chase will take on most of First Republic’s assets. Reuters also reports Chase and the FDIC signing a loss-share agreement on single family, residential and commercial loans it bought, but will not take First Republic Bank’s corporate…
Details Written by: RJ Priority Pass now supports 14 Be Relax Spa’s: The “Be Relax” spa at Atlanta Airport (ATL) The “Be Relax” spa at Dallas Fort Worth Airport (DFW) The “Be Relax” spa t Dallas Fort Worth Airport (DFW) The “Be Relax” spa at Detroit Airport (DTW) The “Be Relax” spa at Detroit Airport…