Hotelbeds expands portfolio with 10,000 new hotels
- Over 10,000 hotels have signed-up for the Hotelbeds platform over the last year, mainly in North America and Asia-Pacific, to reach 180,000 unique hotels.
- Growth driven by renewed focus on providing hoteliers with incremental bookings via expanded B2B network of over 60,000 travel buyers.
- Increase in the number of strategic partnerships with hotel chains and inclusion of preferred channel managers.
Palma, 6th March 2019. Hotelbeds, the world´s leading bedbank, has today confirmed at ITB Berlin an increase in the number of its hotel partners.
During the last year Hotelbeds has increased by 10,000 the number of unique hotels – mainly located in the North American and Asia-Pacific markets – available on its platform.
Currently a total of 180,000 unique hotels are available on the Hotelbeds system and a majority of the hotels are directly contracted under exclusive terms and conditions.
This growth has been driven by the renewed focus of Hotelbeds in providing its hotel partners with complementary bookings via its network of 60,000 travel buyers from both non-domestic source markets and B2B buyers – including tour operators, retail travel agents, airline websites and loyalty and reward points schemes.
In particular there has been an increase in signing strategic partnerships with key hotel chains globally and preferred agreements with channel managers worldwide. This has in part been supported by the expansion of the contracting workforce to over 1,100 contractors based around the world in popular local destinations.
In early February Hotelbeds announced that, following the acquisitions of Tourico Holidays and GTA into its business, now 90% of its hotel partners have access to all of the over 60,000 travel buying intermediaries that use the Hotelbeds platform. Such channels attract guests who book further in advance, cancel less, stay longer, spend more in-destination, and re-book more frequently.
As part of this change Hotelbeds’ hotel partners are now unified under the same terms and conditions, whilst also having access to a simplified and unified billing and account management service.
Carlos Muñoz, Bedbank Managing Director at Hotelbeds, commented: “As part of our plan to build the world’s leading bedbank, we wanted to renew our focus on providing our hotel partners with complementary bookings from non-domestic and niche booking channels that provide them with high-value guests. Today’s news that we’ve increased the number of hotel partners by 10,000 over the last year is confirmation that already we are succeeding.
“This is great news too for our over 60,000 travel buyers around the world – whether they be a travel agent, tour operator or airline website – as the majority of these hotels are directly contracted at the best prices and under the best conditions.
“We look forward to providing our customers and hotel partners with further updates about our evolving service over the coming months, but welcome them to approach us directly here at ITB Berlin to learn more about how we can help them to grow their business even further.”
About Hotelbeds
Hotelbeds is the world´s leading bedbank.
The company’s proprietary technology helps providers of travel services distribute their offering to travel sellers globally via an easy-to-use, advanced technology platform that increases reach, revenue and yield for both the provider and the seller.
Operating under the Hotelbeds brand in the wholesale channel and the Bedsonline brand in the travel agents channel, the company connects over 60,000 travel intermediaries across more than 140 source markets globally with travel providers in over 185 countries representing more than 180,000 hotels, 24,000 transfer routes and 18,000 activities.
In September 2016, the company became independent under the ownership of Cinven and the Canada Pension Plan Investment Board (CPPIB). In June 2017, Tourico Holidays became part of Hotelbeds, followed by GTA also joining the company in October of the same year.
The company is headquartered in Palma de Mallorca, Spain.
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