Modern Debt International has been the trusted collections partner for both hotels and service providers (i.e. online travel agencies OTAs) for over 15 years. We have specialised in recovering overdue commission invoices and outstanding service bills from and for hotels and its corporate clients. With dunning letters issued different languages, a global network of local collection agents, and a tailored approach we distinguish ourselves from regular collection businesses.

 

Throughout the years Modern Debt International has become part of the global hospitality payment infrastructure. We have gained a profound understanding of the payment challenges faced in the industry. We have deep knowledge of different business models employed by OTAs and the difficulties coming with it regarding payments from corporate clients. This expertise and experiences allows us to employ effective methods for collecting outstanding balances for both OTAs and hotels.

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We have furthermore compiled a large database of contact persons within the accounts payable and finance departments of delinquent hotels and other service providers. Most of the hotels are familiar with Modern Debt and our working methods. If they hear from us that is usually a bad sign for them and an urgent push to start taking action.

 

For our clients we are a last resort, but often for hotels, a final chance to get back in global business.

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