Hotelbeds acquires US-based China wholesaler
Hotelbeds has acquired JBS, a US based company targeting the Chinese outbound market.
Founded in 2001, JBS works with domestic Chinese tour operators and travel agents to support the growing market for tourist traffic from China to the US. The two companies said they will now work to develop these links further, in an effort to drive more Chinese business to the US.
“JBS is a well-respected company that has built up a strong position in the China to US market. We saw a business that matched our plans in the region and a management team focused on growth. We are delighted that they are now working with us to maximise the opportunities between both markets,” commented Javier Arevalo, Regional Managing Director of Hotelbeds Americas.
Part of TUI Travel, Hotelbeds is a global accommodation wholesaler with an online database of more than 50,000 hotels.