Articles tagged “hotelbeds”

In a short period, the number of companies at the top of the business-to-business travel market has shrunk dramatically. The deal continues Webjet's transition from a regionally focused consumer travel company to a global travel business; other acquisitions will follow.

The wholesale travel sector is under pressure from shifts in how hotel companies distribute their rooms. Tourico's new tech for agencies and airlines may help boost sales and margins in the face of these trends.

Hotelbeds has an outstanding market position on the strength of its booking technology. The plan to acquire Tourico shows that its financial backers, particularly buyout firm Cinven, see a path to growth. Expect further acquisitions that add new supplier relationships in new market segments.