The leading digital payment services, Alibaba’s Alipay and Tencent’s WeChat Pay, processed a combined $2.9 trillion in 2016, according to reports from the UN-based Better Than Cash Alliance - a 20-fold increase in just four years. At the same time, Chinese outbound travel is on the rise. Chinese travelers are projected to take 150 million trips this year alone and, over the next five years, that number could jump to 700 million trips. A Pacific Asia Travel Association report predicts that by 2020, aside from Mexico and Canada, most international tourists to the U.S. will be coming from China. Marriott and Alibaba launched a joint venture in August to integrate planning, booking, paying, and managing trips for Chinese travelers as well as foster more loyalty for the Marriott brand. Marriott is also planning to expand Alipay digital wallet for payments at the hotel beyond select Asia-Pacific properties -starting with key U.S. and European markets. August also marked the start of Caesars Entertainment’s launch of its digital pay pilot program at in-house food and beverage outlets, shows, and entertainment venues in Las Vegas. To make a purchase, guests at these outlets need only to present their devices with a WeChat or, in the future, Alipay QR code for the Caesars employee to scan. The hospitality company is the first in Las Vegas to offer this capability. Get the full story at Lodging