IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced a partnership with Mastercard’s Priceless Planet Coalition to turn guest spending into support of reforestation projects around the world. During the month of October, IHG will donate $2, the approximate cost of growing one tree, to Conservation International for their tree restoration work, for any transaction of $50 or more on a Mastercard card at select IHG-branded properties in the US*. Guided by Conservation International and World Resources Institute, the Priceless Planet Coalition is a program that unites corporate sustainability efforts and engages businesses and consumers to take collective actions to fight climate change. This partnership is estimated to help restore 1.5 million trees globally in places such as Brazil, Madagascar, and the US. (Appalachia).
Sonya Geelon appointed as Chief Commercial Officer at Conferma Pay
Global virtual payments provider Conferma Pay has appointed Sonya Geelon, formerly of Mastercard, as its new Chief Commercial Officer.
Italy, Russia and France lead travel & entertainment spending recovery
Despite the challenges brought on by COVID-19, there are promising signs in consumer spending – including hard-hit sectors like travel, according to Mastercard Recovery Insights.
