WegoBeds aims to promote the region’s growing regional hotel inventory
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Wego introduces its new B2B accommodation platform
Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), has launched WegoBeds, a specialised B2B accommodation platform designed to help meet the growing demand for accommodation in the region.
WegoBeds looks to bridge the gap between Middle East hotels and Wego’s global partner network of travel agencies and wholesalers, offering unmatched rates and innovative booking solutions. It's also the primary hotel supply source for Wego's own online travel agency and corporate travel businesses.
The GCC hospitality industry is projected to reach US$37.62bn by 2028, according to research by Deloitte. The findings indicate Dubai boasts a hotel room capacity exceeding 150,000, while Riyadh has added 28,465 rooms and Doha has doubled its hotel inventory in the past decade to 39,968 rooms.
WegoBeds has set itself the remit of offering a comprehensive solution for B2B accommodation bookings with real-time availability and competitive pricing that leverages Wego's extensive leadership and expertise in the MENA region. Utilising state-of-the-art technology, WegoBeds offers dynamic and static rates through channel managers and a dedicated extranet.
The company has recruited a team of experienced hotel contractors across the Middle East region to onboard new hotels to the WegoBeds platform and to then provide advice and support to hoteliers with respect to their global distribution strategy.
“The B2B hotel market is relatively fragmented from a B2B perspective and there is a lot of new supply coming onto the market in the next few years,” said Craig Hewett, Wego co-founder and chief hotels officer. “With WegoBeds we see an opportunity to create a one-stop-shop for anybody globally who wants to sell Middle East hotels and who wants a best-in-class technology platform.”