For property owners looking to expand their reach and maximize their revenue, listing your property with leading global bedbanks is a game-changer. Bedbanks act as the wholesalers of the travel industry, purchasing hotel room inventory in bulk and distributing it to travel agencies, tour operators, and other partners.
We will share with you 5 bedbanks that will change the way you distribute your property. Continue reading to find out which ones they are.
What is a bedbank?
Bedbanks are the wholesalers of the travel industry. These B2B travel agencies purchase the room inventory in bulk directly from hotels or third parties at discounted rates. Other than rooms, many bedbanks also sell a variety of inventory such as travel tickets, tours, and rental cars.
This inventory is purchased by either businesses such as OTAs and DMCs or individual travelers. That way both other businesses and property owners benefit from this system. It streamlines the process for properties to be marketed and sold, offering greater visibility and broader reach.
Advantages of connecting to bedbanks
Partnering with a bedbank can be beneficial for property owners in various ways from accessing a wider network to lowering marketing costs.
- Expand your network and distribute your rooms to a broader global audience.
- Decrease the cost of your marketing.
- Adjust rates dynamically based on demand, competition, and market conditions to maximize revenue potential.
- Many bedbanks offer financial guarantees or prepayments, reducing the risk of cancellations and ensuring timely payments.
How does a bedbank work?
Bedbanks partner with hotels to purchase their room inventory in bulk, often securing exclusive rates that aren’t available through standard booking channels. With the centralized system of the bedbank, travel agencies, and other buyers can search for and book hotel rooms.
The bedbank offers competitive rates by purchasing rooms at wholesale prices and reselling them to travel agencies at a markup. Additionally, it may earn commissions or fees from hotels based on the volume of bookings processed through its platform.
What are some of the top bedbanks?
- Hotelbeds
- Bedsopia
- Roibos
- TBO Holidays
- World2meet
Why you should list your property on these bedbanks
1. Hotelbeds
Founded in 2001, Hotelbeds has become the go-to B2B solution provider. With its 40+ years of experience, it has grown its portfolio to include 300K+ properties in over 5000 destinations across 195+ countries.
Hotelbeds is the ideal bedbank for all types of properties, from hostels and apartments to eco-friendly hotels, thanks to its extensive coverage of diverse accommodation options.
With access to over 71,000 travel distributors, Hotelbeds is a great bedbank to help distribute your rooms and boost your revenue. Thanks to our strategic partnership with Hotelbeds, you can easily connect through HotelRunner.
Based in: Palma de Mallorca, Balearic Islands
Founded in: 2001
Available in: English, Spanish
2. Bedsopia
With an extensive selection of one million hotels spanning 190 countries, encompassing Europe, Asia, and the Americas, Bedsopia is a fast-growing bedbank. A dedicated contracting team has secured over 30,000 direct contracts spanning across 50 countries.
Bedsopia reaches millions of travelers and with their 24/7 in-house customer care and devoted team, they ensure the highest level of quality service.
You can easily connect to Bedsopia via HotelRunner and reach millions of travelers.
Based in: Dubai, United Arab Emirates
Founded in: 2019
Available in: English, Turkish, German, Russian
3. Roibos
Roibos boosts demand and profitability, elevating your property to new heights. It helps increase both direct and indirect sales while giving properties complete control over their distribution strategy. Roibos is constantly connecting worldwide with 20.000+ properties and 200+ distribution partners.
Connect to Roibos through HotelRunner and maximize your revenue by eliminating intermediaries and retaining all commissions.
Based in: Palma, Spain
Founded in: 2019
Available in: English, Spanish
4. TBO Holidays
TBO Holidays is a B2B travel distribution platform that offers a diverse global range of properties. TBO Holidays connects over 159K buyers with more than 1 million suppliers in 100+ countries.
With its award-winning technology, TBO Holidays promotes a diverse portfolio of over 70,000 properties. To become one of them you can connect to TBO Holidays through HotelRunner.
Based in: Dubai, Dubai
Founded in: 2006
Available in: English
5. World2meet
World2meet is the travel division of the Iberostar Group and since 2016 it operates in more than 175 countries. World2meet offers a comprehensive range of services including accommodation, transfers, and tours to more than 6.2 million travelers worldwide.
With 200 offices across 8 countries, World2meet continues to expand, driving property promotion and boosting revenue for its partners.
In just a few minutes you can connect with World2meet through HotelRunner and start driving more bookings effortlessly.
Based in: Palma, Spain
Founded in: 2016
Available in: English, Spanish, Portuguese
When to use one
If you struggle with:
- Reaching a wide audience,
- Increasing revenue,
- Managing unsold inventory,
- Increasing occupancy,
Bedbanks offers a powerful solution for maximizing your hotel’s reach. Wondering how to easily and efficiently connect with multiple bedbanks? HotelRunner Channel Manager has you covered. Seamlessly distribute your rooms, boost your revenue, and save valuable time. Experience the full potential of bedbank partnerships—try HotelRunner Channel Manager today!
