Hotelbeds to Buy HolidayTaxis to Expand Transport Offering
Skift Take
While clearly not a game-changer in the same way Tourico Holidays or GTA was, the deal does expand Hotelbeds’ ancillary portfolio, giving it greater reach in what is a growing market.
Hotelbeds is buying UK-based transport distributor HolidayTaxis Group for an undisclosed sum.
The acquisition expands Hotelbeds’ existing ancillary portfolio and will give it access to 21,000 transfer routes, spanning 150 countries.
HolidayTaxis generated revenue of $11.3 million (£8.7 million) and a pre-tax profit of $2.6 million (£2 million), according to docu
