Hotelbeds plans major Asian expansion

Hotelbeds plans major Asian expansion

Hotelbeds, the accommodation wholesaler, has unveiled plans to grow the brand in Asian in the next few years.

Speaking at the ITB Asia travel trade show in Singapore yesterday (17 October 2012), Hotelbeds’ Managing Director, Carlos Munoz, said the company was planning to double its Asian hotel portfolio in the next five years, with particular focus on Singapore, Thailand, Indonesia, Malaysia, Hong Kong and Japan.

“We have built leading positions in Europe and across the Americas for Hotelbeds. MEAPAC (Middle East and Asia Pacific) is where we see the greatest opportunities. It is now the fastest growing area of our business and an area we are very excited to be developing and investing in,” Munoz said.

Hotelbeds currently has 21 offices and employs about 750 people across Asia and the Middle East, and revealed that it plans to expand its regional workforce by 25% by 2015.

“Our local and source market teams, working closely with our customers and suppliers, have achieved excellent results in the region so far. We are now investing for future growth by increasing our hotel inventory and workforce, and expanding in the source markets and destinations to ensure that we continue to outperform the market,” said Pablo Aycart, Managing Director of Hotelbeds for the MEAPAC region.

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