A working model for how a commercial credit analyst would score a B2B travel partner and size their exposure — financial strength, payment behaviour and country risk feeding into a recommended limit and insurance coverage check.
B2B segment revenue, FY2025
$4.84B +18% y/y
Group receivables, net
$4.17B +30% y/y
Allowance for credit losses
$74M vs $55M FY24
Real figures from Expedia Group's FY2025 results (reported Feb 12, 2026). Receivables growing faster than the 8% group revenue growth is exactly the kind of divergence a credit team tracks as the B2B book scales — everything below this line uses synthetic partner data.