Aiming to build on its successful launch in the Middle East at last year’s Arabian Travel Market, lowcostbeds will participate in this year’s event to boost its network of regional travel agents in a bid to foster greater growth in the region.
Part of the lowcosttravel group, it celebrates 10 years of operation in 2014 and, according to Group Director of Sales Paul Riches global expansion has enabled the group to target sales of £1bn within two years.
“With 10 offices worldwide plus trade partners across Europe, the Americas, Asia, Africa and Australia as well as the Middle East, lowcostbeds can offer a truly international network,” he said.
“We have websites in 47 countries, operate in 13 different languages and can offer high quality accommodation at the lowest market prices at more than 200,000 hotels across the globe.”
As a trade only bed bank, lowcostbeds operates via high speed XML with a combination of 52 integrated XMLs offering a response time for agents of less than 3.5 second and enabling them to offer real-time availability and rates to their customers.
Response in the first year of trading in the region has been very positive, said Mr Riches, and he looked forward to renewing contacts at ATM as well as updating the trade on the extent of the lowcostbeds inventory and its potential to reap rewards for agents looking for last minute reservations.
“With a trend towards late bookings out of the Middle East, the use of the lowcostbeds system to source availability and the best rates is invaluable in peak seasons such as the pre-Ramadan and school holiday periods.”
In addition, lowcostbeds is committed to building inbound business in to the region, adding more resorts and hotels to the system to accommodate demand for city and beach breaks, Mr Riches added.
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