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Expedia Group to Introduce Flex Pay for Cruise Bookings
EXPEExpedia Group(EXPE) Prnewswire·2025-03-05 14:00

Core Insights - Expedia Group has partnered with Flex Pay to introduce flexible payment options for travelers booking cruises, allowing payments to be spread over 3 to 24 months [1][2][3] - The initiative aims to make travel more accessible and affordable, enabling travelers to manage their budgets effectively while enjoying cruise experiences [2][3] - Flex Pay has demonstrated success in increasing booking volume, conversion rates, and order value by 15-25% through its no-interest financing options [3] Company Overview - Expedia Group is a leading travel technology company that operates multiple brands including Expedia Cruises, Expedia.com, Travelocity.com, Orbitz.com, and Cheaptickets.com [1][2] - The company believes in the positive impact of travel and aims to provide memorable experiences while facilitating partner growth through innovative technology solutions [5] - Flex Pay, a Buy Now, Pay Later solution from Upgrade, has provided over $36 billion in responsible credit to more than 6 million customers since its inception in 2017 [4]