Hotelbeds announces APAC growth, confirms China as top source market
Hotelbeds brand registered 20% YoY growth in room nights in the Asia-Pacific region in full year 16/17. China source market room nights grew 46% YoY for the Hotelbeds brand in full year 16/17.
Hotelbeds Group, the business-to-business provider of services to the travel industry globally, has announced today – at the ITB Asia event taking place in Singapore – outstanding growth in the Asia-Pacific (APAC) region during the full year of 16/17.
The Group's Hotelbeds brand – which is focused on the wholesaler (OTAs, tour operators, airlines) – registered 20% year-on-year growth in room nights booked from the APAC source market.
Additionally during this period China was the top source market – for the second year running – within APAC with 46% growth in room nights for the Hotelbeds brand. Other top Asian source markets are India, South Korea, Indonesia and Australia
Meanwhile top APAC destinations booked via Hotelbeds platform globally were Bangkok followed by Hong Kong, Singapore, Phuket, Kuala Lumpur and Bali.
This news shows that China has emerged as one of the key strategic markets for Hotelbeds Group in APAC, becoming the 5th biggest source market, up from 22nd place only five years ago.
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