Hotelbeds eyes further growth after a decade of doing business in India

Hotelbeds eyes further growth after a decade of doing business in India

Hotelbeds marked a decade in the Indian market by outlining ambitious growth plans in the market over the coming 20 years. The bed bank, which was sold this year by Europe’s largest travel group Tui Travel for €1.2 billion, says India is now the second largest outbound market in Asia Pacific. Hotelbeds is underlining its … Continue reading Hotelbeds eyes further growth after a decade of doing business in India

Hotelbeds marked a decade in the Indian market by outlining ambitious growth plans in the market over the coming 20 years.

The bed bank, which was sold this year by Europe’s largest travel group Tui Travel for €1.2 billion, says India is now the second largest outbound market in Asia Pacific.

Hotelbeds is underlining its commitment to the Indian market with a series of customer facing events across India under the banner “10 years together”, starting with an event held in Mumbai to thank clients.

Sam Turner, sales director at Hotelbeds, said: “Already India is second only to China in the Asia Pacific region for Hotelbeds. Most recently we have moved beyond just operating in the biggest cities and are now working in tier two – and looking to tier three – sized cities where enormous growth potential still exists.

“In addition we see even greater potential from a growing segment of ambitious and young Indians looking both to travel more and spend more, not just on accommodation but on activities and unique experiences.

“That´s why we have such ambitious growth plans for the next decade and will continue with our current successful formula: investing in best-in-class technology to provide our client partners with the data analytical tools they need to drive increased revenues.”

Andy Tan, sales director in Asia Pacific at Hotelbeds, added: “It gives me great pleasure to say that our huge success in India has contributed significantly to the leading position of Hotelbeds across Asia Pacific.

“A key factor in this success has been the strong relationships with client partners that are defined by co-creation and collaboration.”

Nikhil Jain, sales director South Asia at Hotelbeds, said: “As we celebrate ten years in the market, I would like to thank all our client partners for their loyalty and support.

“Looking ahead to the next ten years our joint mission – client partner and distributor – is to make the Indian traveller one of the most recognised, in demand and well-catered for travel segment globally.”