HotelBeds. Com Overview
Why to go in hassle for booking a hotel bed of your choice? It’s simple now with just a single click on Hotelbeds.com. It is a fastest growing company and is well known for being the famous member of TUI Travel PLC Group. The site has touched up to 5 million customers paying visit at site every year and is also leading the modern trend of global tourism market. They are among the leading travel service suppliers of the business to business sector. The site is running with over 45,000 units around the world.
The company mainly deals with great focus on area including Europe, South-East Asia, USA and Australia. They have also included various languages like Spanish, English, German and Italian in their protocol of website functioning while dealing with customers worldwide. Among currency support they have preferred for GBP, EUR and USD occupying the enterprise value of €1,165 million in business sector.
They have made a wide expansion of business in over 180 countries and the Hotelbeds Hotels Module helps in simply connecting the accommodation supplier by allowing them to make search for hotels that are being decided by customers to book rooms from an inventory of approximately 170,000 hotels.
Its history
The Spanish company got started in 2002 and is headquartered in Palma de Mallorca, Spain. It employs around 8,150 people worldwide providing best services aside from hotel accommodation to group provides transfer, meetings and events, excursions and tours and also some cruise handling services.
How they work?
They have a simple process of using the site. You can make a search of hotel by city, category, dates of stay, hotel name, number of rooms and tourists. With single click you get the whole information and description of hotel selected from the list. The price breakdown per day is also mentioned on the site that provides further ease to tourists. One can make a booking of preferred hotel getting proper information about the penalty charges. Some best organised features also grab the tourist’s attention like sending order comments to supplier, make edit in order, easy cancellation of booking and printout guarantee of vouchers.
Among its client base they have welcomed many traditional travel agencies, online travel agencies, travel re-sellers, tour operators and airlines. The company with such better functioning have managed to increase EBITA to Euro 117 million while its total transaction value got increased to 26% and room nights were up 18% with promising approaches.
Their recent updates
The company was acquired by Cinven and Canada Pension Plan Investment Board in April, 2016 and later some groups have made the joining with the company in 2017 including Tourico Holidays and GTA bringing it on top and confirming its position among leading distributors of hotels and ancillaries to the travel trade.