Getabed merges with rival accommodation-only provider
Independently-owned bed banks getabed and roomsXML have merged their businesses.
RoomsXML executive director Ruchir Bang will become CEO of the new company while Getabed MD Matt Stuart will take on the role of chief commercial officer. The remaining senior leadership roles will be announced soon.
Stuart said: "This is a hugely exciting time for both getabed and roomsXML. With the accommodation wholesale market evolving rapidly, we needed to ensure that we remain relevant.
"Our shared passion, ethos and vision was clear, so merging to become a single entity made complete sense. Moving forward, our customers will get the best of both companies, with robust technology, breadth of product and solid 24/7 support.
"Our travel partners will continue to remain at the heart of everything we do as we are still small enough to remain personal and reactive to their demands".
The joint business will provide significant benefits and scale, which will then be passed on to their customers and suppliers, it said.
"We currently are in a very interesting phase within the travel wholesale industry and certainly see a great future if we have the right mix of passionate team, user-focused technology and strong financials, and that’s exactly what both roomsXML and getabed bring to the table," said Bang.
"This all started with the vision on where we want to see our businesses in future and what growth opportunities we can bring to our valued staff members across offices, rather than just seeing if the balance sheet numbers added up."
Getabed has been trading since 1991 and has offices in UK and UAE.
RoomsXML is an online accommodation wholesaler with offices in Australia, India, UAE and USA and has been trading since 2007.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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