FILTER BY TAGS

HBX Group

MarketHub Americas

Hotelbeds

Bedsonline

Roiback

TravelTech Lab

Innovation

On the 22nd of June 2023, a gathering of prominent figures from the travel and technology sectors convened at the TravelTech Lab, the innovation hub of HBX Group. The purpose of this assembly was to delve into the topic of "The business opportunity of generative AI: Chat GPT case," presented by Julio Rilo Blanco, the CEO of Inixa Tech Consultancy. This insightful presentation was a collaborative effort involving Universitat de les Illes Balears and the Cercle d'Economia de Mallorca.&nbsp;During the event, attendees were enlightened on various key takeaways that shed light on the potential of generative AI in the industry. Some of the benefits highlighted included the automation of processes, enhanced personalization for customers, increased opportunities for innovation, and the utilization of advanced data analytics. Additionally, discussions revolved around the ways in which virtual and augmented reality could complement travelers in aspects such as bookings, security, and enhancing in-destination experiences.&nbsp;However, amidst the excitement surrounding the potential of generative AI, it was also acknowledged that there are challenges to be navigated. These challenges include managing risks associated with technology, addressing information bias, exercising critical judgement, and mitigating the risk of increased inequality within the industry.&nbsp;The consensus reached at the gathering was that while generative AI presents significant opportunities for disruption and growth, it is crucial to approach its implementation with a deep understanding of the underlying technology. Strategic planning and the implementation of appropriate measures to safeguard user data and privacy were emphasized as essential components of leveraging generative AI effectively in the industry.

Foto 2.jpg

Chat GPT by Julio Blanco

“The business opportunity of generative AI: Chat GPT case” by Julio Rilo Blanco

Madrid, June 8, 2023 – Hotelbeds and Wayra, Telefónica’s open innovation initiative, have announced the winners of the first TravelTech Lab by Hotelbeds challenge.

&nbsp;

Check it at https://discover.hotelbeds.com/news-room/press-release/hotelbeds-and-wayra-telefonica-announce-first-start-ups-be-part


3_news.jpg

Hotelbeds and Wayra (Telefónica) announce first start-ups to be part of the TravelTech Lab 

Madrid, June 8, 2023 - Hotelbeds and Wayra, Telefónica's open innovation initiative, have announced the winners of the first TravelTech Lab by Hotelbeds challenge. Following a competitive pitch day at the South Summit in Madrid, four start-ups rose to the challenge of finding disruptive solutions to connect B2B global travel ecosystem stakeholders to create a frictionless travel experience.

More than 60 proposals were submitted from companies based in 18 countries across the globe, including Spain, South Africa, Israel and Japan. Launched in February, the TravelTech Lab by Hotelbeds is powered by Wayra and is re-imagining travel by changing the way travellers move, connect and explore.

The winning start-ups are:

Botslovers: Chatbots, virtual assistants with artificial intelligence for real companies with the objective of reducing the operational costs of your company by organising the customer service section.

&nbsp;Grain: A unique end-to-end integrated currency exchange solution that enables travel software platforms and marketplaces to eliminate currency exchange risk for their customers. They achieve this by eliminating exchange rate volatility in hotel room accounts payable and allowing their customers to pay foreign currency bills in their local currency through local lanes.

Smartvel: Offers a complete set of solutions to solve different needs throughout the customer’s journey, where the right content makes the difference. Its technology collects, categorizes, translates, enriches and validates both destination content and travel requirements (health requirements, travel documentation, visa). From museums, restaurants, city halls to official sources such as IATA, government agencies and official bodies.

&nbsp;Chekin: Helps owners of tourist accommodations to automate the entire check-in process, from the moment the reservation is created to the check-out. Generating up to 80% time savings and increasing revenue with each booking. Guest registration and identification, upselling, remote access to the property, sending data to the police, insurance and deposits and online payments. 

“We were blown away by the response to our first challenge,” said José María Pestaña, Hotelbeds’ Chief Innovation Officer. “The competitive pitch process meant it wasn’t easy choosing the winners but we’re confident we have uncovered some game-changing solutions. We’re looking forward to working with these start-ups and disrupting the travel ecosystem together.”

These start-ups will now benefit from access to industry experts, Wayra's network of investors and potential access to a pilot of up to €40,000 with a Hotelbeds business area to kick-start their ideas. They will also be able to take advantage of the innovation spaces of both companies, both at Wayra’s offices in Madrid and at Hotelbeds' headquarters in Palma de Mallorca. 

“From Wayra it has been an exciting challenge to make available all our knowledge of the entrepreneurial ecosystem hand in hand with a reference partner in Hotelbeds to strengthen our position in the hotel and tourism sector. We would also like to congratulate all the winners.&nbsp; Together we will seek to create a real impact on your business and help you to climb the ladder,” says Andrés Saborido, Global Director of Wayra.

###

About Hotelbeds

Hotelbeds is a global leader in the TravelTech space, connecting and empowering businesses by facilitating bridges in the ever-changing and expanding travel ecosystem. Our cloud-based technology platforms offer quick and easy access to a global network of travel products, from accommodation to additional services and payments, while rich data and intelligence help generate demand. By operating exclusively in the B2B arena, we are uniquely positioned to drive growth for our partners without competing for the end customer. Our teams of more than 3,000 experts on the ground provide local expertise and support to further drive commerce, even in the hardest-to-reach spaces. Our unique combination of technology, data and passionate people serves as a catalyst for B2B travel agents who want to realize their full potential.

The TravelTech Lab by Hotelbeds is on a mission to re-imagine the world of travel. The Lab’s creation was driven by a passion for innovation and finding new ways to use technology to help customers succeed, and to help business partners to exceed their goals. The Lab supports trail-blazing start-ups that are focused on collaboration and have a disruptive mindset to help Hotelbeds change the way that tomorrow’s travellers move, connect and explore. Start-ups invited to join the initiative gain access to state-of-the-art working spaces in Palma de Mallorca and Madrid, as well as mentorship and potential investment from Hotelbeds to bring their ideas to life.

&nbsp;

About Wayra

Since 2011, Wayra is the main program to connect Telefónica with the entrepreneurial ecosystem around the world, through which we invest and create our own startups. It has 7 spaces covering nine countries in Latin America and Europe, through which it invests and supports startups; Wayra Builder, a corporate venture builder to create together with other investors innovative startups born from Telefónica's internal technology projects. In addition, through the Wayra Activation Programme, it offers entrepreneurs exclusive and free access to new technologies through Telefónica's own platforms. In these eleven years, we have invested €66M in 850 startups and, currently, we have more than 400 startups in our portfolio of which more than 165 work with Telefónica.

More information available at www.wayra.es


Header.jpg

Hotelbeds and Wayra (Telefónica) announce first start-ups to be part of the TravelTech Lab  

New York, NY, and Palma, Spain, May 8, 2023 — Hotelbeds and the NYU School of Professional Studies (NYU SPS) Jonathan M. Tisch Center of Hospitality have launched a collaboration to explore and inspire the next generation of tech start-ups through the company’s TravelTech Lab initiative and the school’s Innovation Hub (HI Hub) Incubator Programme.

&nbsp;

Check it at https://www.sps.nyu.edu/homepage/communications/press-releases/2023/hotelbeds-nyu-sps-tisch-center-of-hospitality-join-forces-find-inspire-next-generation-tech-startups-traveltech-lab-incubator-programs.html


4_news.jpg

NYU SPS Tisch Center Of Hospitality Is The Latest Partner To Join The TravelTech Lab By Hotelbeds.

NYU SPS Tisch Center Of Hospitality Is The Latest Partner To Join The TravelTech Lab By Hotelbeds

The first "Meet the Entrepreneur" event took place in the TravelTech Lab Hub in Madrid, last 22nd May 2023, where David Hernández, CEO at Pangea, shared his personal experiences as a traveltech entrepreneur.&nbsp;Pangea is a success case; however, it wasn’t an easy ride! They experienced multiple adversities, including difficulty to secure funding, initial ideas which failed to work but which ultimately helped them to improve their product and finally COVID, where all travel came to a halt however it helped Pangea to move into the online space. Pangea’s vision was to re-create the superior physical in-store experience and exclusive product offering for their clients, like the successful model of Apple, but tailored to the Travel industry where customers could explore, be inspired, discover differentiated products, and be guided by experts tailoring once in a lifetime experience for them. This vision appeared to go against the odds in a sector where many traditional travel agency stores were disappearing however with perseverance and a clear vision, they identified 5 key differentiators which set them apart from traditional Travel Agencies:• Physical in-store experience where their “showrooms” expand over 1500m2• Expert advisors with guaranteed personal experience in destination.• Tailor made experience.• Technology to help provide the best customer experience.• Competitive rates.The trend that Pangea saw was that clients don't want standard packages anymore, David shared, "Pangea wants to offer a tailor-made trip, with the latest technologies, at a competitive price. We have grown steadily. Our main marketing tool in recent years has been word of mouth,”. During this session David shared some anecdotes on the origin of Pangea "I visited Decathlon for the 1st time, and I saw the transformational model it had, and I noticed that there was nothing similar in the travel sector. So, I wanted to make the Decathlon of travel.”&nbsp;

FwvPQkwX0AItIOx.jpg

David Hernandez and Jose Maria Pestaña

First "Meet the Entrepreneur" event by TravelTech Lab in Madrid

Cancun, 12 May 2023 – Hoteliers and tourist boards joined Hotelbeds and the Global Sustainable Tourism Council (GSTC) at the MarketHub Americas to shine a light on the full spectrum of sustainability issues facing the travel industry.

Beatriz Barreal, board member of the GSTC and CEO and founder of the NGO Riviera Maya Sostenible, which played host to the conference, highlighted how companies across the travel ecosystem have a role to play in making travel a force for good.

“Destinations need to communicate with travellers about how they can be more sustainable when they visit,” Barreal said. “But it’s not just about single-use plastic. We must think broader and include all elements within environment, social and governance. Here in the Riviera Maya, we encourage hotels to create job opportunities for local people, promote the culture and also support small businesses.”

The focus on sustainability at the conference in Cancun comes just three weeks after Earth Day, when Hotelbeds revealed that over the past year the number of travellers who have chosen to book properties that are part of its Green Hotels programme has grown by 30% versus the previous 12 months. The company also planted a tree in the Hotelbeds Forest for each participant at the MarketHub Americas, in local communities, with native trees, fostering local re-naturing communities.

“Some companies see sustainability as a challenge, we see it as an opportunity, but we all need to work together across the industry to make the world a better place for tomorrow’s travellers,” said Elena Perez, Hotelbeds’ Chief HR and Sustainability officer. “People don’t want to compromise. They have an even greater appetite for travel than ever before but are also more conscious than ever before about their impact on the world. We must all respond to this by supporting the environment and preserving local cultures for generations to come.”

MarketHub Americas is an invitation-only event attended by the most important Hotelbeds partners from all the key source markets throughout the region.

&nbsp;

###

&nbsp;

About Hotelbeds 

Hotelbeds are global leaders in the TravelTech space, connecting and empowering businesses by facilitating bridges in the ever-changing and expanding travel ecosystem. Our cloud-based technology platforms offer fast and simple access to a global network of travel products, from accommodation to ancillaries and payments, while rich data and intelligence helps to generate demand. By operating exclusively in the B2B arena, we are uniquely placed to drive growth for our partners without competing for the end customer. Our teams of 3000+ experts on the ground provide local expertise and support to boost trading even further, even in the most hard-to-reach spaces. Our unique blend of technology, data and passionate people serves as a catalyst for B2B travel players aiming to unlock their full potential.

Follow us:

Linkedin: https://www.linkedin.com/company/hotelbeds

Twitter: @Hotelbeds

Facebook: Hotelbeds

Instagram: @hotelbeds_official

Hotelbeds Media Contact

PR &amp; Media Relations&nbsp;

Clara Truyols – clatruyols@hotelbeds.com


Press node 1234.jpg

Tourism industry discusses how to make travel a force for Good

Cancun, 11 May 2023 – Tourism leaders attending the MarketHub Americas by Hotelbeds have reported that Artificial Intelligence and technology will be their top strategic priority for 2023.

A poll among the event’s almost 500 attendees found that 32% plan to embrace AI and tech above anything else this year. This was closely followed by 28% of companies planning to innovate more. The survey was rounded out with 13% planning to offer a more personalised service, 11% on creating and using more data and 9% focusing on the connected trip.

“AI has become the hot topic in the travel industry but it’s a tool Hotelbeds has been using for some time, particularly to assist with customer service via chatbots,” said Nicolas Huss, CEO of Hotelbeds. “There’s no doubt that the whole travel ecosystem can benefit from this technology. It can not only improve customer service, but also provide an elevated personalised experience by remembering preferences and automatically implementing them each time an individual books their next trip.”

The audience heard how AI and machine learning simplifies travel decisions for the customer, shortens the time of purchase and enhances personalised offerings throughout the entire travel lifecycle. For travel businesses, meanwhile, automating low priority tasks frees up times for the human workforce, which can then be used to add further value to their customers.

This was supported by @hotel and NH Hotel Group (part of minor), with both companies telling the conference how important they think it will be, not only this year, but in years to come as well.

“Technology is helping us to elevate guest services. We offer our customers seamless personalised experiences while also providing operational efficiencies,” said Diana Marin, SVP-Sales and Distribution at NH Hotel Group (part of Minor). “AI also using it to predict trend, thanks to powerful algorithms, to analyse data from various source ,what’s coming up next is right there.”

Konrad Walliszewski, CEO of @hotel, added: “There’s no doubt AI is going to disrupt travel but it’s too early to tell just how much. It’s not just about using AI and machine learning to make every employee more productive – you’re missing out if you only do that. It will soon become the new norm but it’s moving so fast that we all need to stay on top of it.”

MarketHub Americas is an invitation-only event attended by the most important Hotelbeds partners from all the key source markets throughout the region.

###

&nbsp;

About Hotelbeds 

Hotelbeds are global leaders in the TravelTech space, connecting and empowering businesses by facilitating bridges in the ever-changing and expanding travel ecosystem. Our cloud-based technology platforms offer fast and simple access to a global network of travel products, from accommodation to ancillaries and payments, while rich data and intelligence helps to generate demand. By operating exclusively in the B2B arena, we are uniquely placed to drive growth for our partners without competing for the end customer. Our teams of 3000+ experts on the ground provide local expertise and support to boost trading even further, even in the most hard-to-reach spaces. Our unique blend of technology, data and passionate people serves as a catalyst for B2B travel players aiming to unlock their full potential.

Follow us:

Linkedin: https://www.linkedin.com/company/hotelbeds

Twitter: @Hotelbeds

Facebook: Hotelbeds

Instagram: @hotelbeds_official

&nbsp;

Hotelbeds Media Contact

PR &amp; Media Relations&nbsp;

Clara Truyols – clatruyols@hotelbeds.com


MarketHub Americas day 1.jpg

AI and tech: Number one focus for travel in 2023

Palma, Spain, 9 May 2023 – The 10th edition of MarketHub Americas, Hotelbeds’ flagship event, returns to Cancun, Mexico, tomorrow (10 May). Taking place at the Royalton Splash Riviera Cancun hotel, the event will be attended by influential leaders from across the travel ecosystem.

“As the MarketHub gets underway, excitement is building here in Cancun as our partners and friends from across the industry arrive for our first regional MarketHub in three years,” said Carlos Muñoz Capllonch, Chief Commercial Officer of Hotelbeds. “The Hotelbeds team here, as well as our guests, are looking forward to hearing from all the speakers who are sure to provide us with great insights into our industry, which will serve as inspiration for all that is to come.”

As MarketHub Americas gets underway, here are a few highlights of this year’s conference agenda:

Mexico for MarketHub

This is the fifth time Hotelbeds is bringing its flagship event to Mexico, one of the most important markets for Hotelbeds. In recent weeks, the company has reported a 50% increase in room nights versus 2019, with Cancun even higher at more than 70. More than 500 local and international executives will be in the city to hear from some of the biggest names in tourism and technology, such as Hyatt Inclusive Collection, World Travel and Tourism Council and Telefonica.

Focus on sustainability

Just weeks after Earth Day when Hotelbeds announced the growth of sustainable travel, the MarketHub will delve into the transformation towards green tourism and how sustainability is no longer an option but a requirement for today’s travellers as they increasingly seek eco-friendly experiences when they travel. Guests will hear from the Global Sustainable Tourism Council and Palace Resorts on the standards they’re setting for the industry and also learn how intrinsic sustainability is to tourism from Discover Puerto Rico and the Turkish Tourism Promotion and Development Agency.

Women take centre stage

Showcasing diverse leadership is a key focus of the conference. This year, 12 visionary female leaders will take to the stage to share their insights on what will undoubtedly help shape the future of travel. Speakers include Diana Martin of NH Hotel Group (part of Minor), Hotelbeds’ Chief Technology and Operations Officer Paula Felstead and Irene Gómez, Innovation Director at Telefonica.

Tech takeover

What is the next technological revolution in the travel industry? MarketHub panellists will discuss the next steps in digitisation, personalisation of the traveller experience, and also uncover the new tools available that can increase business opportunities. The conference will look in-depth at the role AI is playing as well as how this and other innovations will disrupt the future of travel.

The MarketHub Americas is an invitation-only event attended by key partners from across the region. For more information, please visit the website.

###

About Hotelbeds

Hotelbeds are global leaders in the TravelTech space, connecting and empowering businesses by facilitating bridges in the ever-changing and expanding travel ecosystem. Our cloud-based technology platforms offer fast and simple access to a global network of travel products, from accommodation to ancillaries and payments, while rich data and intelligence helps to generate demand. By operating exclusively in the B2B arena, we are uniquely placed to drive growth for our partners without competing for the end customer. Our teams of 3000+ experts on the ground provide local expertise and support to boost trading even further, even in the most hard-to-reach spaces. Our unique blend of technology, data and passionate people serves as a catalyst for B2B travel players aiming to unlock their full potential.

Follow us:

Linkedin: https://www.linkedin.com/company/hotelbeds

Twitter: @Hotelbeds

Facebook: Hotelbeds

Instagram: @hotelbeds_official

Hotelbeds Media Contact

PR &amp; Media Relations&nbsp;

Clara Truyols – clatruyols@hotelbeds.com


MarketHub Americas.jpeg

MarketHub Americas, a new vision on the travel ecosystem

New York, NY, and Palma, Spain, May 8, 2023 — Hotelbeds and the NYU School of Professional Studies (NYU SPS) Jonathan M. Tisch Center of Hospitality have launched a collaboration to explore and inspire the next generation of tech start-ups through the company’s TravelTech Lab initiative and the school’s Innovation Hub (HI Hub) Incubator Programme.

The two organizations – leaders in their respective business and academic fields – will work together over the next three years to uncover disruptive ideas to propel the travel and hospitality ecosystems forward through new technologies aimed at improving customer experience.

While the NYU SPS Tisch Center has an established start-up programme, which it launched in 2021, to cater to the disparate needs of the industry and companies seeking to build the next generation of travel technology products, Hotelbeds entered the space earlier this year through the launch of its TravelTech Lab in partnership with Telefonica’s innovation arm, Wayra. The initiative aims to reshape the future of travel and support start-ups to explore innovative tech-based solutions to change the way travelers move, connect and explore.

The TravelTech Lab will complement the Hospitality Innovation Hub Incubator Programme, which helps NYU-affiliated start-ups plan, launch and manage their businesses by providing support and mentorship to help the owners grow their businesses. The agreement will also open new avenues for collaboration between entrepreneurs in the US and Europe.

“Hotelbeds is a progressive industry innovator whose values and commitment to evolve and reimagine the next generation of global travel technology align with our mission for the Tisch Center and our HI Hub initiative,” said Nicolas Graf, chaired professor and associate dean of the NYU SPS Tisch Center. “With the support of organizations like Hotelbeds, our HI Hub and its Incubator Programme will be well-positioned to be the launching pad for companies and technologies that will impact our industry for years to come.”

As part of the new platinum sponsorship agreement, Hotelbeds will host one of the Tisch Center Incubator’s future “Pitch Your Passion &amp; Seal the Deal” competitions at the company’s headquarters in Palma de Mallorca or &nbsp;its TravelTech Lab in Madrid. The competition has been a highlight of recent semesters at the Tisch Center, in which NYU-affiliated hospitality start-ups have the opportunity to develop their businesses and compete for cash prizes.

Nicolas Huss, chief executive officer at Hotelbeds, said: “Innovation has always been part of our DNA and is a key focus on our goal to reduce friction across the travel ecosystem. Bringing our two innovation hubs together is a powerful combination. We’re looking forward to seeing what initiatives the start-ups in the programme develop and how we can work together to bring them to market.”

Dr. Richie Karaburun, MBA, DPS, clinical assistant professor and director of the HI Hub Incubator Programme, said: “This relationship with Hotelbeds will bring significant value to our Incubator Programme cohort and their start-ups. Hotelbeds’ industry experience and connections will allow our entrepreneurs to tap into expertise to help build their businesses into true industry players.”

José María Pestaña, chief innovation officer, Hotelbeds, added: “Collaborating with the NYU SPS Tisch Center of Hospitality, just two months after launching our TravelTech Lab innovation hub underscores our ambition to identify and implement disruptive ideas to redesign the travel experience. Not only does NYU’s global footprint match our goal for our Lab but this collaboration reinforces our strategy to work closely with like-minded institutions that have a wealth of expertise and knowledge in the hospitality sector to help us take innovation to the next level.

###

About NYU SPS Jonathan M. Tisch Center of Hospitality and Its HI Hub

The NYU SPS Jonathan M. Tisch Center of Hospitality, celebrating more than 25 years of academic excellence, is a leading center for the study of hospitality, travel, and tourism. Founded in 1995, the Tisch Center was established in response to the growing need for hospitality and tourism undergraduate and graduate education. Its cutting-edge curricula attract bright, motivated students who see to become leaders in their fields.

Through its undergraduate degree in hotel and tourism management, its graduate degrees in hospitality industry studies, tourism management, and event management, a plethora of Professional Pathways continuing education programmess, and its world-renowned hospitality investment conference, students gain the knowledge and the skill sets that enable them to manage change, to communicate, to thrive in complex work environments, and to advance the business of hospitality, travel, and tourism.

The Tisch Center launched the&nbsp;Hospitality Innovation Hub (HI Hub), which will foster entrepreneurship and creative solutions for the industries it services. The state-of-the-art facilities offer students, start-ups, and established industry partners and opportunities to learn, discover, innovate, and invest. For more information about the NYU SPS Jonathan M. Tisch Center of Hospitality, visit&nbsp;sps.nyu.edu/tisch.

&nbsp;

About Hotelbeds and the TravelTech Lab by Hotelbeds

Hotelbeds are global leaders in the TravelTech space, connecting and empowering businesses by facilitating bridges in the ever-changing and expanding travel ecosystem. Our cloud-based technology platforms offer fast and simple access to a global network of travel products, from accommodation to ancillaries and payments, while rich data and intelligence helps to generate demand. By operating exclusively in the B2B arena, we are uniquely placed to drive growth for our partners without competing for the end customer. Our teams of 3000+ experts on the ground provide local expertise and support to boost trading even further, even in the most hard-to-reach spaces. Our unique blend of technology, data and passionate people serves as a catalyst for B2B travel players aiming to unlock their full potential.

The TravelTech Lab by Hotelbeds is on a mission to re-imagine the world of travel. The Lab’s creation was driven by a passion for innovation in product development and finding new ways to use technology to help customers succeed, and to help business partners to exceed their goals.

Through the Traveltech Lab, Hotelbeds wants to create a collaboration and shared knowledge platform so that global leaders in innovation can provide answers to the challenges of people's mobility.

The Lab supports trail-blazing start-ups that are focused on collaboration and have a disruptive mindset to help Hotelbeds change the way that tomorrow’s travelers move, connect and explore. From cutting-edge technologies to payment solutions and more, the TravelTech Lab by Hotelbeds is where ideas can soar. Start-ups invited to join the initiative gain access to state-of-the-art working spaces in Palma de Mallorca and Madrid, as well as mentorship from the Hotelbeds team. The most enterprising initiatives may also receive investment to bring their ideas to life.

To find out more, visit https://www.traveltechlab.net/ &nbsp;


Hotelbeds_Press_Release.jpg

Hotelbeds and NYU SPS Tisch Center of Hospitality Join Forces To Find and Inspire The Next Generation of Tech Startups Within TravelTech Lab and Incubator Programmes 

Palma, Spain, 1 May 2023 –Hotelbeds is seeing a notable rise in consumer demand for luxury travel with travellers around the world seeking more premium experiences than ever before. The trend has led the TravelTech company to respond by signing new partnerships, including The Lux Collective.

The United States, Mexico and Europe are among the largest source markets for luxury travel for Hotelbeds, while travellers from India (109%), Australia (216%), China (78%) and Spain (66%) have been increasingly looking for a premium experience over the past year versus the previous 12 months. 

Nicolas Huss, Hotelbeds’ Chief Executive Officer, doesn’t see this momentum subsiding any time soon. “The post-covid ‘carpe diem’ mentality shows no sign of abating,” he said. “Travellers want to make the most of every day and they don’t want to compromise. We’re seeing spend on travel remain a top consumer priority with people actively seeking unforgettable trips and are willing to pay for a high-quality experience.”

Within Hotelbeds’ country portfolio, the UAE, Mexico, Turkey, U.S. have the largest concentration of 5-star hotels with Thailand its fastest-growing destination. Meanwhile, Dubai, where Hotelbeds is exhibiting at Arabian Travel Market this week, continues to maintain its status as one of the company’s largest luxury destinations with growth up 10% over the past year versus the previous 12 months. 

This view is shared by other industry leaders, including Olivier Ponti, Vice President-Insights at ForwardKeys, who told the audience at Hotelbeds’ MarketHub Europe last month that the luxury sector is a huge opportunity for the travel industry. “This year, premium travel is recovering much faster than economy, which is still 19% behind 2019 levels. It is even growing by 4% compared with pre-pandemic levels. Premium travellers represent a very interesting visitor profile because they tend to fly a lot, spend more than average, and also tend to spend more time at their destination than the average traveller,” he said.

The Lux Collective (“TLC”) is a global luxury hotel operator headquartered in Singapore and manages brands LUX*, SALT, TAMASSA, SOCIO and Café LUX*. Other properties managed by TLC include Hotel Le&nbsp;Recif, Reunion Island and Ile des Deux Cocos, Mauritius, a private paradise island.

###

About Hotelbeds 

Hotelbeds are global leaders in the TravelTech space, connecting and empowering businesses by facilitating bridges in the ever-changing and expanding travel ecosystem. Our cloud-based technology platforms offer fast and simple access to a global network of travel products, from accommodation to ancillaries and payments, while rich data and intelligence helps to generate demand. By operating exclusively in the B2B arena, we are uniquely placed to drive growth for our partners without competing for the end customer. Our teams of 3000+ experts on the ground provide local expertise and support to boost trading even further, even in the most hard-to-reach spaces. Our unique blend of technology, data and passionate people serves as a catalyst for B2B travel players aiming to unlock their full potential.

Follow us: 

Linkedin: https://www.linkedin.com/company/hotelbeds

Twitter: @Hotelbeds

Facebook: Hotelbeds

Instagram: @hotelbeds_official

Hotelbeds Media Contact

PR &amp; Media Relations&nbsp; 

Clara Truyols – clatruyols@hotelbeds.com 

&nbsp;


Press room header.jpg

Hotelbeds expands luxury portfolio to meet rising consumer demand

News menu page Hbxgroup

Latest News

Full-service solutions to boost revenue through travel.

Services to inspire and convert travel audiences.

Frictionless distribution for developers.

Smart B2B solutions to power, protect and finance your travel business.

Strategic consulting services for travel businesses.

Latest News

Search