RESTEL HOTELS and TravelgateX boost their collaboration with an international distribution strategy
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PRESS RELEASE.- Restel Hotels has strengthened its strategic agreement with TravelgateX, the global marketplace for the travel trade, with the aim of expanding its international distribution network. The agreement will multiply the volume of business for clients and suppliers alike, making them more competitive in the B2B travel sector.
“At TravelgateX we are experts in accelerating the growth of our Partners by helping them sell more and buy better. We are democratizing the industry, and it’s an honour to have Restel Hotels as a strategic partner”, says Jose Diaz, Chief Growth Officer.
This collaboration is critical at an unprecedented moment in the history of the travel industry. By combining talent, technology and knowledge, TravelgateX and Restel Hotels join forces to support each other during the Covid-19 crisis and boost their partnership.
Founded in 1982 and with a portfolio of 200,000 establishments spread over five continents, the Restel reservation center dedicates its business activity to the commercialization of hotels and services in different European, North and Latin American countries as well as in APAC and Middle East regions.
The company disposes of a network of over 200 employees distributed around Spain, Portugal, France, Italy, UAE, China, Argentina, Brazil and Mexico and expects to reach a turnover of close to 500 million euros this year.
With its headquarters located in Madrid, Restel has positioned itself as one of the great consolidators of hotel products worldwide, playing a strategic role in the commercialization of the portfolio of hotels integrated in the different areas of Grupo Hotusa.
TravelgateX is an online B2B marketplace on a mission to democratize the travel industry. Any company connected to the Network can buy and sell seamlessly to each other, regardless of their size or current technology. With over 1000 Partners already connected, TravelgateX simplifies connectivity with easy to integrate APIs that make search, compare and book travel products in real-time a real breeze.