The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Administrative Services Travel Agency, Tour Operator And Other Reservation Service And Related Activities Travel Agency, Tour Operator And Other Reservation Service And Related Activities 79 - Travel agency, tour operator and other reservation service and related activities
1,200 jobs Number of planned job creations
Announcement Date
7 November 2011
Employment effect (start)
8 November 2011
Foreseen end date
8 November 2016
Description
Hotelbeds, a travel accommodation wholesaler, has announced to increase its global workforce by 20% over the next five years, creating 1,200 jobs.
Hotelbeds sells hotel accommodation to travel firms and airlines. The company operates worldwide. It targets its expansion plans primarily to Asia and the Americas.
The company is owned by UK-headquartered TUI Travel and currently employs 6,000 people worldwide.
Sources
7 November 2011: Reuters
7 November 2011: www.incentivetravel.co.uk
Citation
Eurofound (2011), Hotelbeds, Business expansion in World, factsheet number 73217, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73217.
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