B2B accommodation-only specialists, roomsXML and getabed, have announced the merger of their businesses.
Both companies are independently owned and have successfully provided accommodation to travel and wholesale partners in their respective markets.
Executive director, roomsXML, Ruchir Bang remarked on the news: “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.
“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,” he added.
Under the merger, the current owners will continue to play an integral role in running the combined business, with Bang as the CEO and Matt Stuart, the managing director of getabed, as the chief commercial officer.
As a result of the merger, the companies will now offer a genuine global business with deep penetration in travel agency space across Middle East, India, Australia and Europe.
“This is a hugely exciting time for both getabed and roomsXML,” commented managing director, getabed, Matt Stuart. “With the accommodation wholesale market evolving rapidly, we needed to ensure that we remain relevant. 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.”