Brittain Resorts & Hotels Selects Affirm as Exclusive Pay Over Time Partner to Bring Hotel Guests a More Flexible Way to Book Accommodations
12 Junho 2024 - 10:00AM
Business Wire
Bookings available in simple monthly payments,
with no hidden or late fees
Affirm (NASDAQ: AFRM), the payment network that empowers
consumers and helps merchants drive growth, today announced a
partnership with full-service hospitality management company
Brittain Resorts & Hotels. Now, approved hotel guests can book
accommodations at more than 15 hotels and resorts and pay over time
with Affirm.
By selecting Affirm at checkout, approved guests can split the
total cost of any purchase over $150 into monthly payments up to 18
months. They are shown the total cost of their purchase and will
never pay more than they agree to upfront. Affirm never charges
customers any late or hidden fees such as compounding or deferred
interest. For example, a $1,000 purchase might cost $64.76/mo over
18 months at 20% APR.
“We’ve been pleasantly surprised by the initial response. Our
Guests seem to like paying for their vacations over time and the
overall spend per guest is greater when using Affirm. We plan to
implement this option in our call center over the next couple of
months,” said Brian Miller, VP of Sales at Brittain Resorts &
Hotels.
“Hotel guests remain eager to pay over time for trips, and at
Affirm we saw 35% growth year over year in travel and ticketing for
the quarter ending March 31,” said Pat Suh, Affirm’s SVP of
Revenue. “Partnering with Brittain Resorts & Hotels means
guests now have a flexible payment option when booking
accommodation that never charges any late or hidden fees.”
Brittain Resorts & Hotels joins 292,000 Affirm retail
partners, including Amazon, Casper, Newegg, SeatGeek, Royal
Caribbean, Priceline, American Airlines and more. Offering Affirm
at checkout can drive overall sales, increase average order value,
and increase customer repurchase rates.
About Affirm
Affirm’s mission is to deliver honest financial products that
improve lives. By building a new kind of payment network — one
based on trust, transparency and putting people first — we empower
millions of consumers to spend and save responsibly, and give
thousands of businesses the tools to fuel growth. Unlike most
credit cards and other pay-over-time options, we show consumers
exactly what they will pay up front, never increase that amount,
and never charge any late or hidden fees. Follow Affirm on social
media: LinkedIn | Instagram | Facebook | X.
About Brittain Resorts & Hotels
Brittain Resorts & Hotels is a full-service hospitality
management company providing multi-layered expertise in all
disciplines of hotel and resort operations. Since 1943, Brittain
Resorts & Hotels has been enriching the lives of its team
members, guests, partners, and the communities they serve by
providing exceptional guest experiences, a supportive work
environment, and superior returns. With over 4,000 rooms, suites,
and condos in the portfolio, the company currently operates 20
hotels and resorts and 40+ restaurants & bars within the United
States.
Payment options through Affirm are subject to eligibility, and
are provided by these lending partners: affirm.com/lenders. CA
residents: Loans by Affirm Loan Services, LLC are made or arranged
pursuant to California Finance Lender license 60DBO-111681.
AFRM-F
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version on businesswire.com: https://www.businesswire.com/news/home/20240612569407/en/
Press Affirm Alex Rafter press@affirm.com (650) 398-2715
Brittain Resorts & Hotels Patrick Norton
Patrick.Norton@brittainresorts.com (843) 282-7359
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