Insight
75% of respondents plan to or may use a flexible payment option for their next trip booking.
Introducing ‘Reserve Now, Pay Later’, giving guests greater flexibility
Summary
Airbnb introduces Reserve Now, Pay Later, allowing guests worldwide with moderate or flexible cancellation policies to book without immediate payment. This flexibility, already successful in the U.S., targets group trips and budget-conscious travelers, driven by new data showing demand for flexible payment options in Asia Pacific. This innovation complements existing payment options to boost bookings.
Key takeaway