DALLAS (June 6, 2016) — Fastpayhotels, a new, business-to-business sales channel that helps hotels sell their best rates to travel agents and make same-day payments, has selected DHISCO Inc., the world’s leading hospitality distribution company, to accelerate its growth.

Based in Mallorca, Spain, Fastpayhotels makes it easier for hotels to offer travel agencies pre-paid, non-refundable rates without the threat of cancellation or modification.

Fastpayhotels CEO and Founder Alex Gisbert said more than 280 operators and over 4,000 hotels in 21 countries already are using the new distribution system, launched earlier this year with a multimillion-dollar investment.

“The demand for Fastpayhotels’ new distribution platform and its unique proposal continues to grow,” he said. “We count on DHISCO for its premier global connectivity, which will enable its more than 100,000 global hotel partners to offer these guaranteed, pre-paid rates to our travel agency clients globally.”

Toni Portmann, CEO of DHISCO, said the partnership underscores the company’s commitment to driving its partners’ success.

“Fastpayhotels’ model modernizes the relationship between hotels and travel agents by replacing static, out-of-date rates with dynamic rate and availability information,” she said. “By connecting its simple distribution platform to the DHISCO Switch, Fastpayhotels can dramatically expand its reach, offering agents more choices while guaranteeing hotels fast and nonrefundable payments.”

About DHISCO Inc.

DHISCO Inc. is the world’s original and leading hospitality distribution company, providing the most reliable and advanced technology to connect hotels around the world with online travel agencies, global distribution systems, metasearch engines and other travel partners. Since 1989, DHISCO has built its reputation on providing the most efficient and affordable means to market, capture and book hotel reservations. Today, it moves more than 9 billion transactions a month for more than 110,000 hotels.

About Fastpayhotels

Fastpayhotels, based in Mallorca, Spain, is a business-to-business distribution platform that launched in 2016. The company’s mission is to evolve the current relationship between hotels and travel agencies by making it easier for hotels to give the best rates and availability to agents at a lower cost, without the threat of cancelation or modification. Over 4,000 hotels are currently signed up to the platform in 21 countries, and more than 280 operators are already using the software.