Hotelbeds logo | |
Hotelbeds' head office in Palma | |
| Formerly | TUI Travel A&D |
|---|---|
| Company type | Private company |
| Industry | Travel technology |
| Founded | 2001 |
| Headquarters | , |
Area served | Worldwide |
Key people | Nicolas Huss (CEO) |
Number of employees | 5,000 (2023) |
| Website | www |
Hotelbeds is a travel technology company based in Palma, Mallorca, Spain that operates a distribution channel for lodging businesses.[1][2]
History
[edit]Hotelbeds was founded in 2001 as a unit of First Choice Holidays PLC.[3] In 2007 First Choice Holidays PLC merged with the Tourism Division of TUI AG, forming TUI Travel PLC, with Hotelbeds as its primary brand in the Accommodation & Destinations unit, also referred as TUI Travel A&D.[4][5]
A merger in 2014 between TUI Travel PLC and TUI AG led to the creation of the TUI Group. TUI Travel A&D changed its name to Hotelbeds Group and subsequently to Hotelbeds.[6]
Hotelbeds was acquired by Cinven and CPPIB in 2016,[7][8][9] In 2017, Tourico Holidays and GTA Travel were purchased and integrated in 2018.[10]
During 2020 and 2021, Hotelbeds was impacted by the effects of COVID-19 pandemic in tourism. The company received additional funding from Cinven, EQT and CPPIB.[11][12]
Joan Vilà, CEO, stepped down from his position in 2021 to adopt a non-executive role, while remaining a shareholder. He was succeeded by Nicolas Huss.[13]
Amar InfoTech Teams Up with Hotelbeds to Develop Advanced B2B Travel Booking Portal.[14]
References
[edit]- ^ Catà Figuls, Josep (7 June 2023). "Uno de los mayores bancos de camas de hotel es español y está en venta". El País. Retrieved 10 June 2023.
- ^ Delle Femmine, Laura (2016-01-25). "Estas son las agencias de viajes 'online' que llenan los hoteles españoles". El País (in Spanish). Retrieved 2023-06-11.
- ^ "Hotelbeds brand launched the 'Destination services' in the Americas - Noticias de turismo - arecoa.com" (in Spanish). Retrieved 2025-12-06.
- ^ reporter, Majorca Daily Bulletin (2015-12-22). "TUI puts Hotelbeds up for sale". Majorca Daily Bulletin. Retrieved 2025-12-06.
- ^ "First Choice, TUI complete merger". www.travelweekly.com. Retrieved 2025-12-06.
- ^ Salces Acebes, Laura (2014-06-05). "Hotelbeds, supermercado de habitaciones de hotel". El País - Cinco Días (in Spanish). Retrieved 2023-06-11.
- ^ Walsh, Dominic (25 April 2016). "Private equity heads the queue for 1bn Hotelbeds". The Times. Retrieved 10 June 2023.
- ^ Acebes, Laura Salces (28 April 2016). "Cinven compra Hotelbeds por 1.165 millones". El País - Cinco Días. Retrieved 10 June 2023.
- ^ Abril, Inés (2019-04-14). "Los dueños de Hotelbeds endeudan la compañía para pagarse un dividendo de 490 millones". Expansión. Retrieved 2023-06-11.
- ^ "Hotelbeds, el mayor supermercado de camas de hoteles". El País - Cinco Días. 25 April 2017. Retrieved 10 June 2023.
- ^ Marco, Agustín (2020-04-02). "Cinven rescata la española Hotelbeds, el mayor banco mundial de camas, con 400 M". El Confidencial. Retrieved 2023-06-11.
- ^ Abril, Inés (2020-12-18). "Cinven, EQT y CPPIB negocian inyectar 175 millones a Hotelbeds". El País - Cinco Días (in Spanish). Retrieved 2023-06-11.
- ^ Arroyo, Rebeca (2021-05-05). "Nicolas Huss Succeeds Joan Vilà at Hotelbeds". Expansión. Retrieved 2023-06-08.
- ^ Hitesh, Ramoliya (2025-06-24). "Thomas Announces B2B Travel Portal Development with Hotelbeds". Expansión. Retrieved 2025-06-24.
External links
[edit]This article needs additional or more specific categories. (June 2023) |