Become a partner! It provides hotel bookings to travel agencies and tour operators in more than 120 countries. Company profile page for Viator Inc including stock price, company news, press releases, executives, board members, and contact information The company was founded by Martha Lane Fox and Brent Hoberman in 1998 and was a part of the UK internet boom of the late 1990s, part of the dot-com bubble and trading on the London Stock Exchange under the symbol 'LMN'. Formed in 2013, WebBeds is the world’s second-largest and fastest-growing accommodation supplier to the travel industry. HISTORY Since its inception in 2001 Hotelbeds Group has gone from strength-to-strength to become a truly global business employing 6,150 staff across 153 offices. We use cookies in order to provide you with a better browsing experience. Hotelbeds is the world’s largest bedbank, offering rooms to travel agencies and airlines from its database of 72,000 beds. Delivered with industry leading reliability, our platform provides fast and … GO TO BEDSONLINE.COM. Fully interactive calendar. TUI Group will acquire the destination-management business of HotelBeds Group for 110 million euros (about $135 million). Hotelbeds Group is a travel technology company that operates a hotel distribution platform accessed by travel agents and tour operators to make hotel bookings for their customers. find bookings made through GTA: hotels.gta-travel.com Expedia Group is a Public company that was founded in 1996 in Seattle, Washington. Hotelbeds brand launched to spearhead the online revolution in travel distribution (under ownership of First Choice Holidays PLC) TravelBound, the retail brand of GTA, has been under the umbrella of bed bank wholesaler Hotelbeds, which owns Bedsonline, ever since Hotelbeds bought GTA last summer. Get Started. Click here to register with us. One of the travel industry’s most significant providers of wholesale hotel inventory is Hotelbeds, the so-called bedbank. Intuitive content manager. The transaction is subject to regulatory approval, and it is expected to be completed by the end of September. TUI Group has agreed to sell Hotelbeds to European private equity firm Cinven, which currently owns Amadeus, and the Canada Pension Plan Investment Board (CPPIB) for … Find Out More MANAGE YOUR INVENTORY. LONDON — The European tourism company TUI Group said on Thursday that it had agreed to sell Hotelbeds Group to the private equity firm Cinven and the Canada Pension Plan Investment Board for 1.19 billion euros, or about $1.3 billion. Find Out More. The leading booking platform for Retail Travel Agents and Travel Advisors worldwide. Take full control over your rates and availability with our powerful tool for hoteliers. Hotelbeds USA, Inc. filed as a Foreign for Profit Corporation in the State of Florida on Thursday, September 28, 2006 and is approximately fourteen years old, as recorded in documents filed with Florida Department of State.A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally filed in. The company was formed on 3 September 2007 by the merger of First Choice Holidays PLC and the Tourism Division of TUI AG, which owned 56.4%. Hotelbeds is the world´s leading bedbank. Find Out More. Find out more. It was founded in 2001 and until September 2016 was owned by TUI Group, before becoming independent with the backing of two private equity funds, Cinven and Canada Pension Plan Investment Board (CPPIB), for a purchase price of around 1.3 billion euros[4]. By continuing to use this website you agree to our use of cookies. In September 2016 the company became independent under the ownership of Cinven and the Canadian Pension Plan Investment Board (CPPIB). Welcome to EverybodyWiki  ! It owns a portfolio of brands, including: JacTravel, Sunhotels, Lots of Hotels, Totalstay, Destinations of the World (DOTW) and FIT Ruums. The collaboration enables the airline to use Hotelbeds’ platform to allow their customers to create their own holiday packages through the 170,000 hotels available from Hotelbeds’ portfolio[8]. Cookies help us deliver our services. (adsbygoogle = window.adsbygoogle || []).push({}); This page was last edited on 31 July 2020, at 03:39. Bedsonline | 6,772 followers on LinkedIn. Our booking engine available at hotelbeds.com provides a user friendly interface to a powerful tool designed to meet the demanding requirements of today’s professional travel players.. It is led by Executive Chairman, Joan Vilà, and it has around 5,000 employees globally[3]. lastminute.com is an online travel and leisure retailer. I booked a holiday due to leave 16/03/2020 through Teletext, Hotelbeds were the accommodation supplier. Expedia Group operates in the Travel Agency industry. Mass update tool. Hotelbeds USA, Inc. operates as a travel trade service provider. Contact us at +34 902 999 151 M-F (09:30 - 18:00), S (10:00 - 14:00) Expedia Group has been one of Hotelbeds's top competitors. Become a client partner! The company operated in 180 countries and claimed 30 million customers. To learn more and to turn off cookies visit our Cookie Policy. They are headquartered in Palma (Majorca) 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 the the world’s largest bedbank, offering rooms to travel agencies and airlines from its database of 72,000 beds..[1] Headquartered in Palma de Mallorca, it reported turnover of 1.06 billion euros and underlying EBITA of 69 million in the year to end September 2015[2]. Hotelbeds Group - Found 10k + Employees, 11 Phone Numbers and 10 Emails. In 2017 the Group acquired two competitors, Tourico Holidays[5] and GTA[6], for a rumoured total of over 1.3 billion euros; and in March 2018 it announced the sale of its Destination Management business back to TUI for 110 million euros[7]. Official Site. In the fiscal year ended Sept. 30, Hotelbeds had revenue of €1.06 billion. Hotelbeds has 4,000 employees and is ranked 4th among it's top 10 competitors. The company employs about 76,000 people. Log in and start shopping now: Username: Password: Need help? “This is a very successful transaction — a good deal for the future of Hotelbeds and for TUI Group shareholders as well as our continued growth in our core tourism business,” Friedrich Joussen, the TUI chief executive, said in a news release. SUMMER 2021 STARTS NOW! It is led by Executive Chairman, Joan Vilà, and it has around 5,000 employees globally. The top 10 competitors average 7,491. Discover why 60,000+ professionals are choosing Bedsonline to satisfy their customers' holiday desires. TUI Group to Sell Hotelbeds Group for $1.3 Billion. The platform is accessible to travel agents, tour operators, airlines, and loyalty programs to make hotel bookings for their customers. The Company provides business administration, business facilities oversight, and support services. MaxiRoom has been designed to help you easily manage the distribution of your properties. TUI’s business includes tour operators, travel agencies, airlines, hotels and cruise lines. The list of its authors can be seen in its historical and/or the page Edithistory:Hotelbeds Group. VIEW ALL OUR BRANDS. Start working with Hotelbeds to open your doors to a global network of over 60,000 travel distributors. Domain Services. The company was listed on the London Stock Exchange, and was a … It was founded in 2001 and until September 2016 was owned by TUI Group, before becoming independent with the backing of two private equity funds, Cinven and Canada Pension Plan Investment Board (CPPIB), for a purchase price of around 1.3 billion euros. "TUI sells Hotelbeds business for $1.3 billion", "Hotelbeds to focus on tech and bed bank after completing €110m Tui deal", "TUI Group to Sell Hotelbeds Group for $1.3 Billion", "LPC-Hotelbeds funds Tourico buy with an extra €170m of loans", "Hotelbeds completes GTA deal and lays down challenge to Expedia and Priceline", "TUI buys Hotelbeds business to sell extra activities to holidaymakers", "Hotelbeds and SIA announce holiday packaging partnership", article "Hotelbeds Group" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Hotelbeds_Group&oldid=905676. In September 2018, Hotelbeds Group announced a partnership with Singapore Airlines. Hotelbeds Extranet. Over 9 months later I still don’t have a refund! The leading B2B hospitality marketplace on global scale, with the Fastest Access to Best Deals.. 600.000+ Hotels in 80.000+ Destinations; 41.000+ Direct Contracts; 31.000 Chain Hotels; 65.000 Activities & 25.000 Transfers LONDON — The European tourism company TUI Group said on Thursday that it had agreed to sell Hotelbeds Group to the private equity firm Cinven and … TUI said that it would use the proceeds from the sale for growth opportunities in its core business and to strengthen its balance sheet. By using our services, you agree to our use of cookies. I have an email forwarded to me by the hotel, from Hotelbeds on 12/03/2020 advising my holiday was cancelled due to ‘Force Majeur’ and they would not be relocating me. In a statement Friday, Hotelbeds said that Amoma was not a … Transfer your Domain Consolidate your domains quickly & easily; Free with Every Domain Get over $100 worth of free services 8 In 2016 Hotelbeds Group was ranked as the best travel company to work for in Spain by Actualidad Economica magazine. Booking.com, Priceline.com, agoda.com, and Kayak.com all do hotel bookings, and are all part of The Priceline Group, and thus not owned by Expedia. The Palma, Islas Baleares-based company was founded in 2011. Bank of America Merrill Lynch and Deutsche Bank and the law firm Allen & Overy advised Tui on the transaction. There looks set to be further consolidation in the wholesale accommodation sector after market leader Hotelbeds Group announced a deal to buy rival GTA from Kuoni Group.. This news follows Hotelbeds Group doubling the size of its business by sales through the acquisitions during 2017 of Tourico Holidays and GTA, two leading bedbanks with a strong presence in North America and Asia-Pacific respectively. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. It is a business-to-business accommodation wholesaler. Hotelbeds USA, Inc. Overview. It is a business-to-business accommodation wholesaler. Got it! Tui is a sprawling business and has been looking to sell Hotelbeds for some time. WE ARE AT THE HEART OF THE TRAVEL TRADE WITH BRANDS COVERING MANY SEGMENTS. Avani Hotels & Resorts will open the way to have the most exhilarating experience, book hotel online and entangled in joyous memories for a lifetime. Hotelbeds is a travel technology company that operates a hotel distribution platform. This article "Hotelbeds Group" is from Wikipedia. DISCOVER HOTELBEDS. Welcome to Hotelbeds. hotelbeds: cutting-edge travel trade tech & expertise The world’s tour operators, online travel agents, airlines and employee/loyalty points plans can get direct access to our portfolio via a range of flexible and customisable tech solutions. In June 2017 Tourico Holidays became part of Hotelbeds Group, followed by GTA also joining the Group in October; both companies remain independent brands whilst they are being integrated into the Group. Contact us Start working with Hotelbeds, the world’s leading bedbank, providing more than 180,000 hotels across the globe with access to high value, complementary distribution channels that significantly increase occupancy rates and optimize revenue per available room. Tourico Holidays | 16,538 followers on LinkedIn. Hotelbeds, TUI’s wholesale hotel-room booking business, was not considered part of its core business and had been operated separately. 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