Hotelbeds reported 18% year-on-year growth in TTV across its European source markets in 2015.
The company claims this performance was five times above the industry average.
Europe still remains its most significant region in terms of booking volume. The company aims to further grow this leading position with a focus on driving the development of its differentiated product offer as well as continuing to invest in technology and innovation.
Carlos Muñoz, Bedbank managing director, for Hotelbeds said: “Despite the consolidated nature of the European market, Hotelbeds has managed to significantly outperform the average industry growth rate. Our solid business model and focused approach to adapting our products and services to each market together with our ongoing investment in technology and innovation will help to ensure a strong pipeline of growth in 2016 across our key markets worldwide.”
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