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PALMA DE MALLORCA, Spain - Following the merger of TUI Travel PLC and TUI AG, TUI Travel Accommodation Destinations announced today that it will be called Hotelbeds Group. discount airline tickets to germany This group includes Hotelbeds, the number one bedbank worldwide together with a range of global businesses with market leading positions in each of their segments.
Hotelbeds Group presented its full year results recently, announcing a growth in sales by 10% in 2014 (year ending 30 September) and EUR4,048 million in Total Transaction Value (TTV). Its EBITDA increased by 13% to EUR132 million discount airline tickets to germany , with EBITA reaching EUR100.6 million . The company has once again significantly outperformed the global tourism industry.
Following the merger of TUI Travel PLC and TUI AG , the new organisation for TUI Group comprises mainstream and non-mainstream. Hotelbeds Group will be part of non-mainstream and drive a focused strategy to further accelerate growth.
The Hotelbeds Group is a global provider of travel services in more than 180 countries. Its businesses provide hotel accommodation, transfers, excursions and tours, meetings and events, discount airline tickets to germany visa outsourcing and cruise handling services. Its main clients discount airline tickets to germany are tour operators, travel agencies, corporate clients and final consumers. Its brands include Hotelbeds, LateRooms.com, discount airline tickets to germany Destination Services and Intercruises.
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