Dallas, Texas, April 20, 2021— DerbySoft, the leader in high-performance distribution services, and Fastpayhotels, one of the fastest-growing B2B accommodation distribution platform, hit an industry milestone by delivering connectivity speeds of 500 hotels per day through DerbySoft technology.
As well as hitting an industry first, DerbySoft and Fastpayhotels have also shortened the connectivity time for properties to go into pilot status by to under a month. This automated connection is a huge focus for both Fastpayhotels and DerbySoft, which increases the speed to market for suppliers and distributors. This shortened timeframe also proves the incredible value in Fastpayhotels’ focus on automation and DerbySoft’s streamlined connectivity technology.
“As a tech enabled business, we are excited to be able to have reached this feat. At a time when so many of our accommodation partners are leaving cumbersome and expensive static rates behind and opting for low effort dynamic rates, speed of execution is a core value,” said Elodie Leunen, Deputy CEO at Fastpayhotels. “We have now optimized our platform so that no accommodation partner needs to see connectivity as a barrier to sales.”
Considering the challenging environment the industry has faced, Fastpayhotels has created connectivity partnerships with 13 of the 15 top global hotel chains in its 5-year history. Half of these are located in the United States where hotels stays have been on a steady uptick since late 2020 despite the pandemic. Fastpayhotels and DerbySoft are partnering together to further connect vacation rentals, traditional hotels and alternative accommodations at an even quicker speed to market by the end of the year.
“Our partnership with Fastpayhotels proves that great technology can be done simpler than ever before,” states Duane Overgaard, President of Connectivity for DerbySoft. “Between their automation and our streamlined connectivity, reaching the end goal of 50,000 hotels connected between the two tech companies by the end of 2021 is attainable.”
As vacation rentals, traditional hotels and alternative accommodation look to lower costs and improve efficiency through the use of dynamic rates, Fastpayhotels and DerbySoft continue to try and reduce time to market for all their accommodation partnerships.
About DerbySoft
DerbySoft enables travel companies to work together through technology and innovation. As the leading provider of high-performance hotel distribution, DerbySoft connects distributors and suppliers through the Connectivity Suite by offering streamlined connectivity at both the CRS and PMS levels. DerbySoft also provides solutions for suppliers through the Digital Marketing Suite, which uses machine learning and rich data to drive high-performing digital marketing campaigns, and the Content Suite, a platform for collecting, managing and distributing quality hotel content to drive higher booking conversions.
With six offices around the globe and over 300 employees in over 11 countries, DerbySoft continues to grow and develop the next generation of online hotel distribution infrastructure. DerbySoft.com
About Fastpayhotels
Fastpayhotels is a tech enabled B2B accommodation distribution platform. The company’s mission is to evolve the current relationship between hotels, tour operators and travel agencies by offering a simple, cost effective and transparent distribution platform that makes it easier for hotels to give the best rates and availability to agents. Over 37,000 hotels are currently signed up to the platform in over 78 countries and more than 15,000 travel agents’ operators are already using the software.
Fastpayhotels is a Rate Parity Certified Distributor by OTA Insight and backed by private equity house Magenta Partners. fastpayhotels.com
