Hotelbeds

Last updated
Hotelbeds
FormerlyTUI Travel A&D
Company type Private company
Industry Travel technology
Founded2001 (2001)
Headquarters
Palma, Majorca
,
Spain
Area served
Worldwide
Key people
 Nicolas Huss (CEO)
Number of employees
5,000 (2023)
Website www.hotelbeds.com

Hotelbeds is a travel technology company based in Palma, Mallorca, Spain that operates a distribution channel for lodging businesses. [1] [2]

Contents

History

Hotelbeds was founded in 2001 as a unit of First Choice Holidays PLC. [3] In 2007 First Choice Holidays PLC merged with the Tourism Division of TUI AG, forming TUI Travel PLC, with Hotelbeds as its primary brand in the Accommodation & Destinations unit, also referred as TUI Travel A&D. [4] [5]

A merger in 2014 between TUI Travel PLC and TUI AG led to the creation of the TUI Group. TUI Travel A&D changed its name to Hotelbeds Group and subsequently to Hotelbeds. [6]

Hotelbeds was acquired by Cinven and CPPIB in 2016, [7] [8] [9] In 2017, Tourico Holidays and GTA Travel were purchased and integrated in 2018. [10]

During 2020 and 2021, Hotelbeds was impacted by the effects of COVID-19 pandemic in tourism. The company received additional funding from Cinven, EQT and CPPIB. [11] [12]

Joan Vilà, CEO, stepped down from his position in 2021 to adopt a non-executive role, while remaining a shareholder. He was succeeded by Nicolas Huss. [13]

Amar InfoTech Teams Up with Hotelbeds to Develop Advanced B2B Travel Booking Portal. [14]

References

  1. ↑ Catà Figuls, Josep (7 June 2023). "Uno de los mayores bancos de camas de hotel es español y está en venta". El País. Retrieved 10 June 2023.
  2. ↑ Delle Femmine, Laura (2016-01-25). "Estas son las agencias de viajes 'online' que llenan los hoteles españoles". El País (in Spanish). Retrieved 2023-06-11.
  3. ↑ "Hotelbeds brand launched the 'Destination services' in the Americas - Noticias de turismo - arecoa.com" (in Spanish). Retrieved 2025-12-06.
  4. ↑ reporter, Majorca Daily Bulletin (2015-12-22). "TUI puts Hotelbeds up for sale". Majorca Daily Bulletin. Retrieved 2025-12-06.
  5. ↑ "First Choice, TUI complete merger". www.travelweekly.com. Retrieved 2025-12-06.
  6. ↑ Salces Acebes, Laura (2014-06-05). "Hotelbeds, supermercado de habitaciones de hotel". El País - Cinco Días (in Spanish). Retrieved 2023-06-11.
  7. ↑ Walsh, Dominic (25 April 2016). "Private equity heads the queue for 1bn Hotelbeds". The Times. Retrieved 10 June 2023.
  8. ↑ Acebes, Laura Salces (28 April 2016). "Cinven compra Hotelbeds por 1.165 millones". El País - Cinco Días. Retrieved 10 June 2023.
  9. ↑ Abril, Inés (2019-04-14). "Los dueños de Hotelbeds endeudan la compañía para pagarse un dividendo de 490 millones". Expansión. Retrieved 2023-06-11.
  10. ↑ "Hotelbeds, el mayor supermercado de camas de hoteles". El País - Cinco Días. 25 April 2017. Retrieved 10 June 2023.
  11. ↑ Marco, Agustín (2020-04-02). "Cinven rescata la española Hotelbeds, el mayor banco mundial de camas, con 400 M". El Confidencial. Retrieved 2023-06-11.
  12. ↑ Abril, Inés (2020-12-18). "Cinven, EQT y CPPIB negocian inyectar 175 millones a Hotelbeds". El País - Cinco Días (in Spanish). Retrieved 2023-06-11.
  13. ↑ Arroyo, Rebeca (2021-05-05). "Nicolas Huss Succeeds Joan Vilà at Hotelbeds". Expansión. Retrieved 2023-06-08.
  14. ↑ Hitesh, Ramoliya (2025-06-24). "Thomas Announces B2B Travel Portal Development with Hotelbeds". Expansión. Retrieved 2025-06-24.
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