Hotelbeds

Hotelbeds is a travel technology company that operates a hotel distribution platform accessed by travel agents, tour operators, airlines and loyalty programs to make hotel bookings for their customers. It is a business-to-business[2] accommodation wholesaler. They are headquartered in Palma (Majorca)[3][4]

Hotelbeds
Bedbank
IndustryTravel Technology, Travel, Hotel, Information technology
Founded2001 (2001)
Majorca, Spain
HeadquartersMajorca, Spain
Key people
Products
  • Bedsonline
  • Carnect
  • Easy Market Travel Solutions
  • Hotelbeds
  • Hotelextras
  • Hotelopia
  • Isango
  • JBS Hotels.com
  • Last Minute Travel
  • Roiback
OwnerCinven, CPP Investment Board
Number of employees
6,189 (2019) (2019)[1]
Websitewww.hotelbeds.com

History


  • In 2000 First Choice Holidays PLC (which became the TUI Travel PLC in 2007 and TUI Group in 2014) [5] acquired Barceló Travel Division.
  • In 2001 Hotelbeds was founded by First Choice Hotels.
  • In 2003 Viajes Barceló was sold back to its original owners, but First Choice Hotels kept Hotelbeds Accommodation & Destination Services.[6]
  • In 2003, the brand for travel agents Bedsonline was launched, and Hotelbeds moved to XML syndication of its data. Intercruises was launched at that time too.
  • In 2004, it became the official hotel accommodation partner for EasyJet.[7]
  • In 2006, Pacific World was acquired.
  • In 2007, Micronnexus was acquired, now known as Carnect.
  • In 2007, First Choice Holidays PLC and the Tourisim Division of TUI merged to establish TUI Travel PLC.
  • In 2009, SiteMinder implemented Hotelbeds' distribution system.[8]
  • In 2010 Intercruises, purchased the maritime agency Top Class.[9]
  • In 2011, Hotelbeds launched in India[10] and signed a strategic distribution agreement with Choice Hotels International.[11]
  • In 2012, Destination Services was launched.
  • In 2013, Hotelbeds acquired TT Services and the Transfer and Activity Bank was launched to manage its cash flow worldwide.[7]
  • In 2014, Hotelbeds' loyalty card that enabled direct payment between customers and hoteliers, Liberate, was implemented throughout the TUI Group units.[12]
  • In 2014 Hotelbeds also acquired the Spanish online hotel marketing company Roiback.[13] After organizing 6 editions of Markethub America, Hotelbeds made the Markethub Europe an annual event.[14]
  • In 2014, TUI Travel PLC merged with TUI AG to create TUI Group.
  • In 2015, Hotelbeds launched a new extranet system, MaxiRoom, for hoteliers,[15] and a new API.[16] It also accelerated its growth in the Middle East and Africa.[17]
  • In 2015, Hotelbeds became a fully-fledged group of its own.[7]
  • In September 2016, the company became independent with the backing of two private equity funds (Cinven and CPP Investment Board).
  • In 2017 the company acquired two competitors, Tourico Holidays and GTA, for a rumored total of over 1.3 billion euros[18].
  • In March 2018, Hotelbeds announced the sale of its Destination Management business back to TUI for 110 million euros.[19]
  • In October 2018 the company was being re-branded simply as Hotelbeds, underlining core focus on the bedbank sector.[20][21]
  • In 2019, Hotelbeds launched a three-strike policy that blocked customers putting inventory in the wrong channels.[22]
  • In September 2019, Hotelbeds signed a distribution partnership with the hotel brand Selina,[23] and with the airline company Luxair.[24]

See also

References
  1. "Hotelbeds Company Profile". Craft. Retrieved 23 October 2019.
  2. "Skift Forum Europe Preview: Hotelbeds CEO on Becoming No. 1 in Bedbanks Sector". Skift. 2018-04-02. Retrieved 2019-06-25.
  3. "Hotelbeds unveils Maxiroom for Chinese market". Travel Daily. 2019-06-24. Retrieved 2019-06-25.
  4. "HotelRunner Increases Distribution Reach for Hotel Partners With Hotelbeds Agreement". finance.yahoo.com. Retrieved 2019-06-25.
  5. "TUI sells Hotelbeds business for $1.3 billion". Reuters. 2016-04-28. Retrieved 2019-06-25.
  6. Jose Manuel de la Rosa (10 November 2012). "Hotelbeds: "En estos diez años nos hemos expandido por todo el mundo"". Hosteltur.com (in Spanish). Retrieved 21 September 2019.
  7. "Our History". Hotelbeds.com. Retrieved 21 September 2019.
  8. "SiteMinder Expands Online Distribution Offering Through Hotelbeds Partnership". Siteminder.com. 5 June 2009. Retrieved 21 September 2019.
  9. "Intercruises acquisisce l'italo-francese Top Class". Ship2shore.it (in Italian). 22 December 2010. Retrieved 21 September 2019.
  10. "Hotelbeds Accommodation & Destination Services starts India operations". Travelbizmonitor.com. 11 February 2011. Retrieved 21 September 2019.
  11. Vicky Karantzavelou (7 December 2011). "Enhanced distribution agreement between Choice Hotels International and Hotelbeds Accommodation & Destination Services". Traveildailynews.asia. Retrieved 21 September 2019.
  12. "El programa Liberate se convierte en el producto estrella de Hotelbeds". Preferente.com (in Spanish). 3 July 2014. Retrieved 21 September 2019.
  13. "Roiback crece en América Latina tras ser comprada por Hotelbeds". Preferente.com (in Spanish). 29 October 2014. Retrieved 21 September 2019.
  14. "Hotelbeds celebrará su segundo markethub europeo en el Hard Rock de Ibiza". Technohotelnews.com (in Spanish). 26 February 2014. Retrieved 21 September 2019.
  15. "Hotelbeds Presents MaxiRoom, its New Simpler, Faster and Smarter Hotel Partner Extranet". Prnewswire.com. 14 December 2015. Retrieved 21 September 2019.
  16. "Hotelbeds lanza APItude, su nueva API de distribución hotelera". Technohotel.com. 5 November 2015. Retrieved 21 September 2019.
  17. Sarah Williams (13 May 2015). "Hotelbeds partners with Middle East properties". Hoteliermiddleeast.com. Retrieved 21 September 2019.
  18. "Hotelbeds completes GTA deal and lays down challenge to Expedia and Priceline | PhocusWire". www.phocuswire.com. Retrieved 2019-06-26.
  19. "Fotos - Hotelbeds: sus cuentas y el balance de 2018 con su deuda". Noticias de turismo REPORTUR (in Spanish). 2019-06-21. Retrieved 2019-06-25.
  20. "Hotelbeds Rebrands to Focus on Accommodations". Skift. 2018-10-31. Retrieved 2019-06-25.
  21. Weekly, Ttr. "Hotelbeds consolidates brands | TTR Weekly". Retrieved 2019-06-25.
  22. Sean O'Neill (16 September 2019). "Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules". Skift.com. Retrieved 21 September 2019.
  23. Tatiana Rokou (12 September 2019). "Hotelbeds and Selina sign strategic distribution agreement". Traveldailynews.com. Retrieved 21 September 2019.
  24. Vicky Karantzavelou (3 September 2019). "Luxair signs a partnership with Hotelbeds". Traveldailynews.com. Retrieved 21 September 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.