Hotel connectivity solutions provider eRevMax has completed 2-way XML integration with Fastpayhotels, a recently launched B2B hotel distribution platform. Accommodation providers, using eRevMax distribution solutions RTConnect, RateTiger and LIVE OS can now make real-time rate and availability updates and receive automatic transfer of bookings received in the channel.
Following this integration, Fastpayhotels can leverage eRevMax Hotel Ecosystem to gain access to broader inventories, improve booking conversion and increase revenues as part of its growth plans across Europe. eRevMax Channel Eco-system connects hotels to over 200 global distribution channels.
Fastpayhotels is an alternative B2B operator which pays all reservations at the time of bookings up to 390 days in advance and with no refunds for cancellations. Focussing on the Early Bird rate, the channel offers a dynamic distribution platform that makes it easier for hotels to give the best rates and availability to travel agents and receive payment within 48 hours. Based in Mallorca, Spain, the channel has already signed up with around 300 tour operators and 4,000 hotels in 21 countries.
Alex Gisbert, CEO, Fastpayhotels said, “Fastpayhotels was launched to evolve the relationship between hotels and agencies by removing the issues of slow-paying bedbanks, booking websites that display incorrect rates because they can’t be updated in real-time, and the inability to access the lowest room rates. By leveraging the global supply of RateTiger’s channel manager we can fulfil the rapidly growing demand for Fastpayhotels’ simple, cost efficient system. We are excited that eRevMax’s 9,000 customers will now be able to benefit from our commission levels that are below 14%.”
“Given that we cater to properties ranging from independent properties to enterprise hotel groups, this will result in more efficient rate distribution, enhanced rate optimisation and the streamlining of connections for our hotel customers. The integration with Fastpayhotels will give our hotel customers in the region a channel to sell the aggressive prepaid non-refundable rates that they only make available on their own sites and not to the B2B channels,” said Ashis Saha, SVP – Project Management, eRevMax.
eRevMax is developing its connectivity solutions to offer sophisticated real-time revenue management functionality to the hospitality industry. This includes solutions for the independent market, the mid-market and scaling up through the large, global hotel groups. eRevMax’s Channel Ecosystem facilitates quality, certified connectivity and relationship management services to support complex revenue generation strategies.