From Nasdaq: 2024-06-13 13:37:00

Affirm Holdings, Inc. AFRM partners with Brittain Resorts & Hotels, offering guests the option to book stays and make payments over time. Customers can split payments for purchases over $150 into monthly installments for up to 18 months, without any additional fees. Affirm aims to increase its retail partner network and boost sales through its financing solutions.

The partnership with Brittain Resorts & Hotels adds to Affirm’s 292,000 retail partners. The management of Brittain Resorts & Hotels has observed higher spending per guest using Affirm’s solutions, leading to plans to extend the option to its call center. Affirm’s 35% increase in travel and ticketing sales in Q3 supports the decision to partner with a hospitality management company.

Affirm continues to expand partnerships to cater to the increasing travel trend. The stock has surged 109.8% in the past year and currently holds a Zacks Rank #2 (Buy). Another top-ranked stock in the Business Services sector is The Western Union Company WU, with a Zacks Rank #1 (Strong Buy). Western Union boasts consistent outperformance and a positive earnings outlook for 2024.

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Read more at Nasdaq: Affirm (AFRM) Chosen to Bring Flexible Hotel Booking Payments