Both getabed and roomsXML are independently owned and have been two of the most innovative and successful accommodation only providers in what has become a fiercely competitive bedbank sector.
Matt Stuart, MD of getabed said: “This is a hugely exciting time for both getabed and roomsXML. With the accommodation wholesale market evolving rapidly, we needed to ensure that we remain relevant. Our shared passion, ethos and vision was clear, so merging to become a single entity made complete sense. Moving forward, our customers will get the best of both companies, with robust technology, breadth of product and solid 24/7 support. Our travel partners will continue to remain at the heart of everything we do as we are still small enough to remain personal and reactive to their demands”.
Under the new structure, current owners of both getabed and roomsXML will continue to play an integral part in running the combined business, with Ruchir Bang as the CEO and Matt Stuart as the Chief Commercial Officer. The remaining senior leadership roles will be announced soon. The joint business will provide significant benefits and scale, which will then be passed on to their customers and suppliers. As a result of the merger, they now offer a genuine global business with deep penetration in travel agency space across UK & Ireland, EMEA and APAC.
Ruchir Bang, Executive Director of roomsXML commented: “We currently are in a very interesting phase within the travel wholesale industry and certainly see a great future if we have the right mix of passionate team, user-focused technology and strong financials, and that’s exactly what both roomsXML and getabed bring to the table.” He further added: “This all started with the vision on where we want to see our businesses in future and what growth opportunities we can bring to our valued staff members across offices, rather than just seeing if the balance sheet numbers added up.”
Getabed has been trading since 1991 and for the past 27 years has become one of the UK’s best loved accommodation only companies, with offices in UK and UAE.
RoomsXML is an online accommodation wholesaler serving travel agents and tour operators with offices in Australia, India, UAE and USA and has been trading since 2007. It has won numerous industry awards including the Best Hotel Booking Solutions Provider at the World Travel Awards 2017.