As part of its growing expansion, booking platform LateRooms.com Business has announced its partnership with Diners Club for the launch of a new payment facility.

LateRooms.com is a UK-based online accommodation site, offering deals in more than 200,000 properties worldwide – from bed and breakfasts to five-star luxury hotels. The company was originally under the TUI Group, then acquired by Cox & Kings for GBP 8.5 million, before finally settling under Malvern Enterprises UK for GBP 20 million.

To provide a faster and more efficient payment solution, Laterooms.com Business, a business travel arm of booking portal Laterooms.com, partnered with credit card company Diners Club, to offer the statement account facility, creating a single online process for business travellers to book and pay.

Through the partnership, its customers can benefit from 52 days interest-free credit on bookings, real-time spend tracking, monthly reporting, a speedy sign-up process with no extra charges, plus 5% cash-back for new customers starting September 2018.

“A seamless accounts procedure”

Graeme Descoteaux, head of corporate at LateRooms.com Business, said: “We are delighted to be introducing this new Statement Account facility which guarantees business travellers a cost-effective and efficient method of payment.

“It has been many months in the planning but with the assistance of the Diners Club partnership, we now have a seamless accounts procedure that will bring ease and savings to both our valued corporate clients and new clients alike.”

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Additionally, the service provides an express hotel check-in even without company credit cards in possession. On the new system, all transactions can be viewed online, saving travellers time and money.

Lee Jackson, UK business development director at Diners Club, said: “We are delighted to be providing an interest-free credit programme so that businesses can benefit from the superb range of accommodation available through the Laterooms.com Business solution”.