Tui Travel-owned Hotelbeds reports ‘solid’ Americas growth

Tui Travel-owned Hotelbeds reports ‘solid’ Americas growth

“Solid” growth rates in North and South America of 40%, both as destinations and source markets in the last three years, has been claimed by B2B bedbank Hotelbeds.

The Tui Travel-owned company says it outperformed the market, which registered growth rates of 7% in the same period.

The announcement was made during the MarketHub Americas Forum in Las Vegas.

Managing director Carlos Muñoz highlighted global growth rates of 20% in 2013 compared to the previous year.

Muñoz expects Hotelbeds to double its size in the Americas by 2019.

Growth of around 30% is estimated for 2015 in the Americas with a particular focus on further expansion in the US, Mexico, Colombia, Brazil, Chile and Argentina.

As part of the expansion drive, Jaume Obrador has stepped up to become vice president of sales for the Americas from his previous role as director of strategy and finance.

Sales and marketing deputy managing director Marta Álvarez said: “We have reached €1.8 billion sales in 2013, and are achieving great global growth rates in room night sales this year, with a 21% growth in the year to date.

“However, we have to keep on working as hard as we always do in collaboration with our partners and clients in order to maintain growth this and in the following years.”

Hotelbeds operates a database of more than 24,000 hotels in the Americas and has more than 100 source markets selling accommodation into the Americas, including the UK, US, Brazil, Spain and Mexico.

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