Hotelbeds, the world’s leading bedbank, has today announced a new strategic agreement with Choice Hotels International, one of the world’s largest lodging franchisors. As a result of this agreement, it will now be recognised as a preferred wholesaler by Choice Hotels International. This strategic agreement provides Choice Hotels with access to Hotelbeds’ high-value distribution network of more than 60,000 travel distribution clients such as tour operators, retail travel agents, airlines and loyalty programs across more than 140 source markets worldwide.
Hotelbeds’ portfolio of travel buyers will offer Choice Hotels with incremental, high value bookings from non-domestic markets that typically book further in advance, pay more per room, cancel less and spend more at the property. At the same time, Hotelbeds’ customers will have access to participating Choice Hotels locations worldwide.
As part of this agreement, Choice Hotels will distribute its hotel rooms through Hotelbeds’ two main channels: its wholesale distribution channel that operates under the ‘Hotelbeds’ brand and its retail channel, Bedsonline, that exclusively caters to retail travel agents.
Mark Redmond, head of global chains at Hotelbeds said: “This will be a strong relationship delivering special rates and availability across the Choice Hotel portfolio to our 60,000 plus travel distribution clients, while giving Choice Hotels access to a higher-margin, non-domestic niche segment of the travel market.”