Hotelbeds News
Oyo Hotels & Homes signs Hotelbeds distribution partnership
The partnership provides Oyo with access to more than 60,000 travel buying intermediaries around the world that use the Hotelbeds platform, including tour operators, airline websites, points redemption programs, loyalty plans from more than 140 source markets.
Hotelbeds to acquire HolidayTaxis Group to expand ancillary offering
The acquisition will further complement the existing portfolio of content offered by the bedbank and reinforces the company’s commitment to growth in the rapidly expanding ancillary distribution space.
Hotelbeds Group sells destination management company to Tui
Hotelbeds Group has announced the sale of its destination management division to Tui as a continuation of its strategic focus on its bedbank core.
TUI Group completes €1.2bn sale of Hotelbeds Group
TUI Group has confirmed the completion of the disposal of Hotelbeds Group, announced in April 2016, for a total cash consideration of €1.19 billion. The organisation sold the unit to the British investor Cinven Capital Management and the Canada Pension Plan Investment Board.
Hotelbeds strengthens position in Japan
Hotelbeds is increasing its market share both inbound and outbound across Japan with particularly strong growth reported inbound into the cities of Tokyo and Osaka .
Hotelbeds acquires accommodation wholesaler JBS
Hotelbeds has acquired JBS, a US-based company dedicated to the Chinese accommodation wholesaler market. JBS, formed in 2001 by Chinese-born US residents Juliann Meng, Barbara Ansel and Sarah Gao, works with Chinese-domiciled tour operators and travel agents as well as destination management companies active in incoming tourism from China to the US.
Hotelbeds unveils expansion plans
International accommodation wholesaler Hotelbeds has unveiled its five-year growth plans on the first day of London’s annual World Travel Market.
TUI Travel’s Hotelbeds celebrates 10 years and unveils growth plans at WTM
Hotelbeds, one of TUI Travel PLC’s leading business to business brands and one of the industry’sforemost accommodation and destination services companies, is celebrating its 10 year success story and unveiling its growth plans at this year’s World Travel Market (WTM).