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A global business-to-business hotel distribution brand serving travel sellers and travel-industry partners.

Last updated August 26, 2026

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Overview

Hotelbeds is a global business-to-business travel distribution brand headquartered in Palma, Mallorca, Spain. It operates within HBX Group, a travel-technology group whose marketplace connects accommodation and other travel suppliers with travel distributors. Hotelbeds' principal role is to aggregate hotel inventory and make it available to professional buyers such as tour operators, travel agencies, airlines, online travel businesses, loyalty programmes and destination organizations. The brand's business model is based on contracting accommodation supply at negotiated rates and distributing rooms to business partners through digital connectivity, including application programming interfaces and other booking tools. Rather than primarily selling rooms directly to individual consumers, Hotelbeds functions as an intermediary and infrastructure provider for the wider travel trade. Its partners can incorporate Hotelbeds inventory into packaged holidays, agency bookings, airline ancillary offers, loyalty redemptions and other travel products. Hotelbeds traces its origins to 2001, when it operated as a unit of First Choice Holidays PLC. Following the 2007 combination of First Choice Holidays with the tourism division of TUI AG, the brand became part of TUI Travel and its Accommodation & Destinations activities. The 2014 merger of TUI Travel and TUI AG created TUI Group, after which the accommodation-distribution business was separated from the tourism group and developed under the Hotelbeds name. A major ownership change took place in 2016, when private-equity investors Cinven and the Canada Pension Plan Investment Board acquired the business for approximately €1.2 billion. Under private-equity ownership, Hotelbeds expanded its inventory, technology capabilities and distribution reach. The company also broadened its B2B portfolio through the acquisitions of Tourico Holidays and GTA Travel in 2017; the businesses were subsequently integrated into the wider Hotelbeds operation in 2018. Hotelbeds is the flagship accommodation-distribution brand within HBX Group. The group also operates Bedsonline, a web-based platform aimed at travel advisers and retail travel agencies, and Roiback, which provides direct-distribution technology for hotels, including websites, booking engines and digital-marketing services. Hotelbeds itself is focused primarily on hotel and accommodation connectivity for travel wholesalers, tour operators, agencies and other professional distributors. The COVID-19 pandemic caused a severe disruption to international tourism and affected Hotelbeds during 2020 and 2021. The business received additional financial support from its shareholders during that period. In 2021, Joan Vilà left the chief executive role and moved into a non-executive position, while Nicolas Huss succeeded him as chief executive. In January 2025, HBX Group announced plans for an initial public offering on the Spanish stock exchange. Hotelbeds remains an operating brand of the group, with a business centered on global accommodation distribution and travel-industry technology.

History

Hotelbeds began in 2001 as a unit of First Choice Holidays PLC. Its original business was associated with the contracting and distribution of hotel accommodation for the travel trade. This placed the brand between hotels and professional travel sellers, allowing tour operators, agencies and other intermediaries to access accommodation inventory through a centralized B2B relationship. In 2007, First Choice Holidays merged with the tourism division of TUI AG. The resulting company, TUI Travel PLC, incorporated Hotelbeds into its Accommodation & Destinations activities. During this period, the brand operated within a large international tourism group while continuing to focus on the business-to-business distribution of accommodation and related destination products. A further corporate transformation occurred in 2014, when TUI Travel merged with TUI AG to create TUI Group. The Accommodation & Destinations activities were subsequently separated from the core TUI structure and became associated with Hotelbeds Group, later using the Hotelbeds name. This transition changed Hotelbeds from a division within a major vertically integrated tourism group into a standalone travel-distribution business backed by financial investors. In April 2016, Cinven and the Canada Pension Plan Investment Board acquired the business for approximately €1.2 billion. The new ownership period emphasized expansion of the platform, investment in digital connectivity and broader participation in the global travel-distribution market. Hotelbeds sought to increase the range of accommodation available to professional distributors and to improve the systems through which partners could search, book and manage inventory. The company expanded through acquisitions in 2017, purchasing Tourico Holidays and GTA Travel. These businesses were integrated into Hotelbeds in 2018, strengthening the group's presence across accommodation wholesaling and travel distribution. The enlarged operation served a wide range of distributors, including travel agencies, tour operators, airlines, online travel businesses and loyalty programmes. Hotelbeds' business is based on negotiated hotel rates and room allocations. It connects accommodation suppliers with downstream sellers through technology platforms and APIs. The group's wider marketplace also covers car rental, transfers, attractions and activities, although Hotelbeds remains principally identified with hotel distribution. Within the broader HBX Group structure, Bedsonline addresses travel advisers and retail agencies through a web-based booking platform, while Roiback provides direct-distribution technology to hotel companies. The COVID-19 pandemic produced an exceptional shock for the travel sector. Hotelbeds was affected by the sharp reduction in hotel demand and international mobility during 2020 and 2021. Its shareholders provided additional funding during this period as the company managed the disruption and prepared for the recovery of travel markets. Leadership also changed in 2021. Joan Vilà stepped down as chief executive and adopted a non-executive role, while Nicolas Huss became chief executive. In January 2025, HBX Group announced plans for an initial public offering in Spain. Hotelbeds continues to operate as the group's principal accommodation-distribution brand, supplying the digital and commercial infrastructure used by professional travel sellers around the world.

  • 2025

    HBX Group announces IPO plans

    [1]

    The parent group announces plans for an initial public offering on the Spanish stock exchange.

  • 2021

    Nicolas Huss succeeds Joan Vilà as chief executive

    [1]

    Joan Vilà moves to a non-executive role and Nicolas Huss becomes chief executive during the pandemic recovery period.

  • 2018

    Tourico Holidays and GTA Travel are integrated

    [1]

    The acquired businesses are integrated into the broader Hotelbeds operation.

  • 2017

    Tourico Holidays and GTA Travel are acquired

    [1]

    Hotelbeds expands its B2B travel-distribution portfolio through the acquisitions of Tourico Holidays and GTA Travel.

  • 2016

    Cinven and CPPIB acquire the business

    [1]

    Private-equity firms Cinven and the Canada Pension Plan Investment Board acquire the company for approximately €1.2 billion.

  • 2014

    TUI Travel and TUI AG merge

    [1]

    The merger forms TUI Group and is followed by the separation and renaming of the accommodation-distribution business as Hotelbeds Group and later Hotelbeds.

  • 2007

    First Choice Holidays merges with TUI's tourism division

    [1]

    The merger creates TUI Travel PLC, bringing Hotelbeds into the group's Accommodation & Destinations activities.

  • 2001

    Hotelbeds is established within First Choice Holidays

    [1]

    Hotelbeds begins operations as a unit of First Choice Holidays PLC, with a focus on business-to-business accommodation distribution.

Products and positioning

A global B2B travel-technology and hotel-distribution platform connecting accommodation suppliers with professional travel distributors.

  • B2B hotel distribution · 2001

    Hotelbeds accommodation distribution

    Hotelbeds' core offering is a professional accommodation-distribution service. The brand contracts hotel inventory and negotiated rates, then makes that supply available to travel wholesalers, tour operators, travel agencies, airlines, loyalty programmes and other distributors. Partners can use the inventory in package holidays, agency reservations and other travel products. The service is delivered through digital connectivity and booking infrastructure rather than being designed primarily as a consumer-facing retail site.

  • Travel technology

    Hotelbeds API ecosystem

    The Hotelbeds technology ecosystem enables professional travel companies to connect their own systems to accommodation inventory. API-based connectivity supports searching, pricing, availability checks and reservations, allowing distributors to incorporate Hotelbeds content into their websites, booking tools, airline propositions, packaged-travel systems and other sales channels.

  • Travel-agent booking platform

    Bedsonline

    Bedsonline is a related HBX Group brand rather than the principal Hotelbeds platform. It provides a web-based booking environment for travel advisers and retail travel agencies, with access to accommodation and other travel products such as transfers, activities and car rentals.

  • Hotel direct-distribution technology

    Roiback

    Roiback is another HBX Group brand serving hospitality companies. Its offering includes hotel website development, booking-engine technology and digital marketing intended to help accommodation providers generate direct bookings. It complements Hotelbeds' intermediary distribution role within the wider group portfolio.

Brand decisions

  • 2025

    Planned initial public offering of HBX GroupStrategy

    Background

    After operating as a private-equity-backed travel-technology group, HBX Group evaluated a public-market listing in Spain.

    Action taken

    HBX Group announced plans for an initial public offering on the Spanish stock exchange.

    Aftermath

    Hotelbeds remained the group's flagship accommodation-distribution brand while the parent pursued the proposed listing.

  • 2021

    Chief executive successionOther

    Background

    The leadership transition occurred while the travel industry was dealing with the continuing effects of the COVID-19 pandemic.

    Action taken

    Joan Vilà stepped down as chief executive and Nicolas Huss succeeded him; Vilà remained connected with the business in a non-executive role.

    Aftermath

    Nicolas Huss led the company during the recovery and subsequent development of the wider HBX Group structure.

  • 2017

    Acquisition of Tourico Holidays and GTA TravelM&A

    Background

    Hotelbeds sought to expand its accommodation-wholesale and business-to-business travel-distribution capabilities.

    Action taken

    The company acquired Tourico Holidays and GTA Travel and later integrated them into the wider operation.

    Aftermath

    The transactions broadened Hotelbeds' international B2B supply and distribution footprint.

  • 2016

    Sale to Cinven and CPPIBM&A

    Background

    The accommodation-distribution business was being separated from the TUI corporate structure and developed as a standalone travel-distribution company.

    Action taken

    Cinven and the Canada Pension Plan Investment Board acquired the business for approximately €1.2 billion.

    Aftermath

    The new ownership period supported investment in digital infrastructure, expansion of the distribution platform and acquisitions intended to broaden the B2B travel portfolio.

    Acquisition value. Approximately €1.2 billion transaction value (April 2016)

Recent events

  • Reported

    Hotelbeds announces cessation of operations in Russia, Belarus and Ukraine[3]

    Hotelbeds announced that it would cease operating to Russia, Belarus and Ukraine as destinations, stop selling to Russia and Belarus as source markets, and cancel future bookings in the three destinations. The decisions were to take effect immediately; the company also said it would waive cancellation fees.

  • Unconfirmed

    Hotelbeds appoints Nicolas Huss as CEO[4]

    Nicolas Huss was appointed CEO of Hotelbeds.

  • Reported

    Ascott and Hotelbeds distribution partnership[5]

    Hotelbeds entered into a distribution partnership with Ascott, giving Ascott access to Hotelbeds’ business-to-business travel buyers and making Ascott properties available to Hotelbeds’ customers.

  • Reported

    Hotelbeds and Geneva Tourism Board partner on tourism recovery campaign[6]

    Hotelbeds signed an agreement with Geneva Tourism Board to promote travel-trade bookings and support tourism recovery in Geneva through the end of October.

  • Reported

    Hotelbeds and Trip.com Group announce activities partnership[7]

    Hotelbeds announced a strategic partnership with Trip.com Group, giving Trip.com access to Hotelbeds’ Beyond the Bed portfolio of activities, transfer routes, theme-park attractions, and event tickets.

  • Reported

    Ctrip and Hotelbeds sign global distribution agreement for activities products[8]

    Ctrip announced that it had signed a global distribution agreement with Hotelbeds Group for activities products. Hotelbeds' Beyond the Bed products would be listed across brands under Ctrip Group, with systems connected through an API.

  • Reported

    Hotelbeds partners with RateGain on rate integrity management[9]

    Hotelbeds announced a partnership with RateGain under which RateGain will provide Hotelbeds with its Parity+ rate integrity management solution.

  • Reported

    Hotelbeds signs accommodation supplier agreement with easyJet Holidays[10]

    Hotelbeds announced a strategic partnership with easyJet Holidays and signed a five-year accommodation supplier agreement. easyJet Holidays is set to feature handpicked hotels from Hotelbeds on its website.

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