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]
Bedbank | |
Industry | Travel Technology, Travel, Hotel, Information technology |
Founded | 2001 Majorca, Spain |
Headquarters | Majorca, Spain |
Key people |
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Products |
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Owner | Cinven, CPP Investment Board |
Number of employees | 6,189 (2019) (2019)[1] |
Website | www |
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]
gollark: <@509849474647064576> contingency aleph-9
gollark: I don't know if they needed rethinking but TOO BAD.
gollark: Anyway, the current implementation (7.1) is Python/JS frontend, but this is kind of æ so I want to carcinize it, particularly since I rethought major aspects of the design.
gollark: That looks far too short to be CommonMark-compliant.
gollark: I'm not writing my own Markdown parser because no.
See also
- TUI AG
- Travel technology
References
- "Hotelbeds Company Profile". Craft. Retrieved 23 October 2019.
- "Skift Forum Europe Preview: Hotelbeds CEO on Becoming No. 1 in Bedbanks Sector". Skift. 2018-04-02. Retrieved 2019-06-25.
- "Hotelbeds unveils Maxiroom for Chinese market". Travel Daily. 2019-06-24. Retrieved 2019-06-25.
- "HotelRunner Increases Distribution Reach for Hotel Partners With Hotelbeds Agreement". finance.yahoo.com. Retrieved 2019-06-25.
- "TUI sells Hotelbeds business for $1.3 billion". Reuters. 2016-04-28. Retrieved 2019-06-25.
- 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.
- "Our History". Hotelbeds.com. Retrieved 21 September 2019.
- "SiteMinder Expands Online Distribution Offering Through Hotelbeds Partnership". Siteminder.com. 5 June 2009. Retrieved 21 September 2019.
- "Intercruises acquisisce l'italo-francese Top Class". Ship2shore.it (in Italian). 22 December 2010. Retrieved 21 September 2019.
- "Hotelbeds Accommodation & Destination Services starts India operations". Travelbizmonitor.com. 11 February 2011. Retrieved 21 September 2019.
- Vicky Karantzavelou (7 December 2011). "Enhanced distribution agreement between Choice Hotels International and Hotelbeds Accommodation & Destination Services". Traveildailynews.asia. Retrieved 21 September 2019.
- "El programa Liberate se convierte en el producto estrella de Hotelbeds". Preferente.com (in Spanish). 3 July 2014. Retrieved 21 September 2019.
- "Roiback crece en América Latina tras ser comprada por Hotelbeds". Preferente.com (in Spanish). 29 October 2014. Retrieved 21 September 2019.
- "Hotelbeds celebrará su segundo markethub europeo en el Hard Rock de Ibiza". Technohotelnews.com (in Spanish). 26 February 2014. Retrieved 21 September 2019.
- "Hotelbeds Presents MaxiRoom, its New Simpler, Faster and Smarter Hotel Partner Extranet". Prnewswire.com. 14 December 2015. Retrieved 21 September 2019.
- "Hotelbeds lanza APItude, su nueva API de distribución hotelera". Technohotel.com. 5 November 2015. Retrieved 21 September 2019.
- Sarah Williams (13 May 2015). "Hotelbeds partners with Middle East properties". Hoteliermiddleeast.com. Retrieved 21 September 2019.
- "Hotelbeds completes GTA deal and lays down challenge to Expedia and Priceline | PhocusWire". www.phocuswire.com. Retrieved 2019-06-26.
- "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.
- "Hotelbeds Rebrands to Focus on Accommodations". Skift. 2018-10-31. Retrieved 2019-06-25.
- Weekly, Ttr. "Hotelbeds consolidates brands | TTR Weekly". Retrieved 2019-06-25.
- Sean O'Neill (16 September 2019). "Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules". Skift.com. Retrieved 21 September 2019.
- Tatiana Rokou (12 September 2019). "Hotelbeds and Selina sign strategic distribution agreement". Traveldailynews.com. Retrieved 21 September 2019.
- Vicky Karantzavelou (3 September 2019). "Luxair signs a partnership with Hotelbeds". Traveldailynews.com. Retrieved 21 September 2019.
External links
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