Low Cost Beds

Hotelbeds unveils major investment




Hotelbeds outlined its five-year plan to its trade partners at World Travel Market today.

The TUI-owned online company, which supplies hotels, airport transfers and excursions to airlines, operators and agents, says the plans will see it " buck the global and travel sector trends".

"Whereas the travel industry is generally making cut backs or players are maintaining current positions Hotelbeds.com is announcing major investment plans," said Carlos Munoz, MD B2B Division.

He said the group plans to grow its 6000-strong workforce by 18% worldwide over the next five years, largely in Asia.

It plans significant expansion in the source markets and destinations of the Americas, mainly Brazil, Argentina, Chile, Columbia and the US, and Asia, in South East, Korea and India.

"We also want to maintain and grow our home markets in Europe, particularly in the Eastern European countries," said Munoz.

IT spend will increase by 43% and sales and marketing spend by 40%, he added.

"Our ambition is to increase total transaction volumes by 25% for 2011 and continue with high levels of growth to remain a significant player in this market."



By Bev Fearis


 

Monday, November 7, 2011



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story
Code Request a new picture 5 characters



NOTE: Comments are subject to admin approval before being posted.
Mole Poll
'More evidence of late booking surge' - Have you seen the surge ?
YES 45.71 %
NO 54.29 %

Thank you for your vote



Get Adobe Flash player
LATEST MOLES' GALLERIES
UPCOMING EVENTS
Sponsored features

The results are in: eco-certification delivers better business for hoteliers

Once again world-class research shows eco-certified hotels are proven to operate more efficiently and attract guests who help them save money and the environment.

Our Green Globe members have for many years reported efficiency gains in resources, particularly energy and water, from 5% to 20% per year. 

For more information about Green Globe and its certification standard and independent audits visit www.greenglobe.com