Categories: Uncategorized

Airbnb Partners With Citi To Offer Immersive Asian Travel Experience

Partnerships between technology giants and financial institutions usually come as a surprise. Citi, well-known for its position in the banking sector, partnered with Airbnb for an Asian venture. In doing so, Citi cardholders will enjoy a more authentic travel experience. It is also the first time a bank is officially collaborating with Airbnb for such a venture.

A Big Move for Airbnb During Asian Expansion

Many people are familiar with Airbnb

, as it is a modern marketplace to list and find accommodations anywhere around the world. Rather than booking a boring hotel, people can forge a connection in the city of their choice with people who know the area far better than most hotel staffers.

Even though Airbnb has been a very successful company so far, a significant partnership has eluded them. That is not a bad thing, as it has not hindered the company’s growth by any means. Now that Citi is partnering with the enterprise, things are looking quite good for Airbnb as a whole. More importantly, this partnership focuses on Asia, a very important company for both finance and technology players.

Citi card holders will receive a S$50 discount on their first booking through the Airbnb platform, assuming they spend at least S$250 during the booking process itself. All that cardholders need to do is visit the dedicated website and enter the promo code “CITISG” during checkout–a quick and convenient way to explore the platform with a discount.



Related Post

While this partnership was initially launched in Singapore, the offering will expand to other Asian countries in the coming weeks. Confirmed locations include Australia, Thailand, and The Philippines, among others. Every region will have their dedicated signup page and promo code, offering a similar discount to residents.

Citi Head of Asia-Pacific Consumer Banking, Anand Selva, stated:

“Our strategy in consumer banking is to be the world’s leading digital bank, which includes delivering a remarkable client experience in key digital ecosystems. We have seen that the rapid adoption of mobile and other digital channels has truly transformed how people book their accommodation for business or leisure, and we are delighted to partner with Airbnb in Asia. Through this partnership, Citi will further drive growth in our cards business via new acquisitions and increased customer loyalty.”

Citi has been forging various partnerships with technology players throughout 2016. A few months ago a strategic alliance was announced with AliPay and Wechat. Additionally, there is a working relationship with Line, the popular social messaging platform’s parent company. Partnering with Airbnb is quite exciting, and it paints a positive future for the community marketplace.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

5 hours ago

Binance Coin Whales Reap Big Profits as Polkadot Struggles; A New Crypto Presale Is Dominating Investor Attention

BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…

7 hours ago

Three Crypto That Surprised The Market: Rollblock, Cardano, and XRP

The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…

7 hours ago

As Bonk (BONK) and Pepe (PEPE) Shine, Rollblock (RBLK) Captures the Market’s Attention With Upcoming Reveal

Meme coins are back with a bang and are as insanely volatile as ever! Bonk…

7 hours ago

2024’s Top 9 Crypto Staking Platforms to Make Passive Income

Staking has become one of the most effortless ways to generate passive income in the…

10 hours ago

Qubetics, Algorand, and Near Protocol: Best Cryptos to Buy in November 2024

Qubetics, Algorand, and Near Protocol: The Best Cryptos to Buy in November 2024—Which One Is…

21 hours ago