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Bed banks

Hotelbeds reveals Bedbank management restructure
Wholesaler announces appointments following two acquisitions
Dnata launches new bed bank
Dnata wants to garner distribution where it is not yet operating
Ex-Thomas Cook chief sells Magic Rooms to Logitravel
Magic Rooms, which was founded by Manny Fontenla-Novoa in 2014, will become Logitravel’s B2B brand in the UK market
Hotelbeds completes acquisition of GTA
Wholesaler officially becomes part of expanded hotel and ancillaries group
Airline partnerships help Hotelbeds sales take off
HotelBeds Group is eyeing further growth in Asia, the Middle East and Latin America after seeing the value of business via airline partners leap 87% over the past three years
Travellanda appoints new head of sales
Former JacTravel head of sales, Denise Atkinson, has been tasked with “taking company to the next level”
Trade-only bed bank Betabeds to close
The company was launched by Alpharooms in April 2016
Lowcost administrators given another year to investigate failed travel group
"We are continuing to investigate whether to take legal action against various parties involved with the group."
Terry Williamson to leave JacTravel following Webjet acquisition
JacTravel’s deputy chief executive Peter Clements will assume Williamson’s position
Teletext Holidays seals deal as Sheffield United shirt sponsor
Blades’ shirts to be sponsored by Teletext Holidays next season
Hotelbeds acquires GTA
The deal comes two months after the Palma-headquartered firm agreed the takeover US-based Tourico Holidays
Bedbank.com brings accommodation and transfer businesses under one roof
New one-stop shop for agents buying rooms and transfers
Loveholidays secures Tourico deal for US and Caribbean hotels
The wholesaler boasts a hotel portfolio of around 30,000 properties in the US
Hotelbeds Group acquires Tourico Holidays
The formerly Tui-owned bed bank has bought the travel wholesaler Tourico Holidays for an undisclosed sum
Youtravel.com sees 'strongest financial year' after restructure
Matthew Carpenter has been promoted into the role of head of distribution and will also be responsible for the UK operation and office in London
Victory for industry as Hotels4U wins tax case
Thomas Cook-owned former bed bank Hotels4U has succeeded in its bid to claim millions of pounds back from the taxman
Alpharooms sold to Teletext parent Truly Travel
Teletext Holidays parent company Truly Holdings has bought OTA Alpharooms for an undisclosed sum
Earn commission with Hotelbeds’ booking app
Hotelbeds Group has co-launched an attraction-booking app that earns agents commission and “drives loyalty”
Paul Riches joins bed bank Bedswithease
Bedswithease will be recruiting two more staff members in order to expand its number of directly contracted hotels
Totalstay spots a gap after Lowcostbeds exit
Totalstay hopes to fill the “vacuum” left by Lowcostbeds as it grows its independent agent business in the UK
Paul Riches leaves YouTravel
The bedbank’s chief sales officer said it was "in the best interests for me to step down at this time"
Lowcost collapse: Tax man could now 'crack down on every bed bank' in UK
The collapse of the Lowcosttravel-group could see HMRC cracking down on “every bed bank” based in the UK, one industry expert has warned
Lowcost collapse: Could lawyers target Spanish govt to recoup monies?
Thousands of UK consumers may be able to make a claim against the Spanish authorities in the Balearics to demand full refunds following the collapse of the Lowcosttravelgroup
Lowcost collapse: The high cost for agents
Large numbers of agents could yet take the hit for the failure of Lowcosttravelgroup, as it emerged many had failed to take out complete supplier failure insurance