Hotelbeds, IHG Announce Partnership
Hotelbeds Group, a worldwide bedbank and a business-to-business provider of services to the travel industry, announced a new partnership with InterContinental Hotels Group (IHG). The new agreement will allow Hotelbeds Group to connect to IHG´s central reservation system, giving access to IHG’s network of 12 brands (including InterContinental, Kimpton, HUALUXE, Crowne Plaza, and Holiday Inn) in a real-time, dynamic environment that spans more than 5,000 hotels in 100-plus territories and countries around the world.
This means that rates, inventory and availability will be fully controlled by the hotels and transmitted in real-time via IHG’s central reservation system via Hotelbeds Group´s distribution network active in more than 120 markets. This will improve distribution of IHG´s hotels and increase sales from all source markets. With a strong focus on wholesale and retail distribution, this new agreement further emphasizes the commitment of both companies to innovative technology to deliver the most competitive and complete range of rates and products to their mutual clients.
“This is a landmark deal for us and helps further our wholesale strategy by moving towards dynamic pricing and away from property based static rate agreements," said Andrew Rubinacci, Senior Vice President, Distribution and Revenue Management at IHG. "Hotelbeds is the right partner for us and we’re excited about our new agreement with them.”
This means that rates, inventory and availability will be fully controlled by the hotels and transmitted in real-time via IHG’s central reservation system via Hotelbeds Group´s distribution network active in more than 120 markets. This will improve distribution of IHG´s hotels and increase sales from all source markets. With a strong focus on wholesale and retail distribution, this new agreement further emphasizes the commitment of both companies to innovative technology to deliver the most competitive and complete range of rates and products to their mutual clients.
“This is a landmark deal for us and helps further our wholesale strategy by moving towards dynamic pricing and away from property based static rate agreements," said Andrew Rubinacci, Senior Vice President, Distribution and Revenue Management at IHG. "Hotelbeds is the right partner for us and we’re excited about our new agreement with them.”