eRevMax has completed two-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.
Fastpayhotels is a new 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.
"Fastpayhotels was launched to evolve the relationship between hotels and agencies by removing the issues of slow-paying bed banks, booking websites that display incorrect rates because they can’t be updated in real-time, and the inability to access the lowest room rates,” Fastpayhotels CEO Alex Gisbert said. “By leveraging the global supply of RateTiger's channel manager we can fulfill 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 cost effective distribution and unique payment terms.”
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 more than 200 global distribution channels.
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.