Travel fraud trends 2024: Fraud in the online transport, travel and hospitality industry

We've taken a deep dive into Ravelin's comprehensive Fraud & Payments Survey 2024 to identify what merchants in the travel, transport and hospitality industry have observed in relation to online fraud and payments.

Scroll below for our previously-unreleased findings. The infographic sheds more light into how fraud and abuse affects the booming online travel industry.

Some key points:

• For 53% of travel merchants, fraud costs upwards of $10 a year
• Uniquely for this sector, supplier/marketplace fraud is a key pain point
• 79% expect the cost of fraud to increase further in the next year

For more information, including our methodology and additional data, please download our full 2024 survey here or get in touch with the team.