Hotelbeds Group continues to grow and outperform in UK
- Strong growth in sales, despite local market shrinking
- UK remains company´s most important outbound market worldwide
- Spain top inbound country for UK travellers, followed by the USA, Greece, Italy and Portugal
London, November 7, 2016 - Hotelbeds Group, the business-to-business provider of services to the travel industry globally, today announces that it recorded strong sales growth during 2015 / 16 from its UK source market. Additionally, this growth maintained the company´s track record for outperforming the local market, which overall during 2015 / 16 experienced a moderate decrease.
The UK remained unchanged as the most important source market worldwide for Hotelbeds Group, where the company offers UK intermediaries access to over 100,000 hotels, 19,000 transfers and 12,000 activities available in over 180 destinations globally.
Carlos Muñoz, Bedbank Managing Director at Hotelbeds Group commented: “Despite fierce competition in a market that shrunk this year, it gives me great pleasure to confirm that once again we have both grown significantly and outperformed in our most important outbound market. First of all I´d like to thank our partners in the market for their faith, loyalty and partnership this last year to make this happen. Second of all I´d like to thank the UK team for their tireless hard work in providing best in class service delivery. In 2017 we´ll be even more committed to our investment in cost-effective technology that generates additional revenues for our partners.”
As a destination for UK travellers, Spain was the top country during the 2015 / 2016 financial year, followed by the USA, Greece, Italy and Portugal. The fastest growing destinations for UK travellers were Spain, USA, Portugal, UAE and Mexico. By contrast, Turkey, France and Morocco were the destinations that experienced the greatest decrease compared to the previous year.
The company aims to further grow its leading position with a focus on driving the development of its differentiated product offer as well as continuing to invest in technology and innovation, with special efforts on data and analytics in order to better predict and react to changes in customer demand while optimising client service.
 Source: Euromonitor International