Fastpayhotels launched on the 2nd February 2016 as new hotel distribution platform and a new alternative B2B operator who pays all reservations at time of booking, up to 390 days in advance. The business focuses exclusively on the sale of non-refundable rates
The company, backed by Spanish investors, launches with over 2000 hotels and is on track to offer over 6000 hotels at the start of the sum
mer season to the trade. This new model modernises the relationship between travel agents, bed banks and hotels worldwide. The non-refundable prepaid rate is already the cheapest option at most hotels and better value than BAR rate and even traditional tour operator rates. Fastpayhotels´ system, which pays at time of booking, enables agents to have access to what is undoubtedly the best price for any hotel stay. As an innovation, the company offers hotels online registration at www.fastpayhotels.com/signup and the chance to be on sale and receive a first payment within 48 hours: a fantastic option for the hotels. Fastpayhotels is a first of a kind B2B distribution channel that breaks all the conventions of a traditional bed bank. Founded in 2016 by Alex Gisbert, Fastpayhotels guarantees improved cash flow and profitability for hotels across the world and is able to generate market beating availability and prices for travel agents. Fastpayhotels has hotels contracted in over 21 countries and is headquartered in Palma de Mallorca, Spain.
