roomsXML and getabed have announced merger of their businesses. Both roomsXML and getabed are independently owned and have been successfully providing accommodation only to travel and wholesale partners in their respective markets.
Under the new structure, current owners of both roomsXML and getabed will continue to play an integral part in running the combined business, with Ruchir Bang as the CEO and Matt Stuart as the Chief Commercial Officer. The remaining senior leadership roles will be announced soon.
Ruchir Bang, Executive Director of roomsXML commented “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.”
Matt Stuart, MD of getabed said “This is a hugely exciting time for both getabed and roomsXML. With the accommodation wholesale market evolving rapidly, we needed to ensure that we remain relevant. Our shared passion, ethos and vision was clear, so merging to become a single entity made complete sense. 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”.
The joint business will provide significant benefits and scale, which will then be passed on to their customers and suppliers. As a result of the merger, they now offer a genuine global business with deep penetration in travel agency space across India, Middle East, APAC and Europe.
