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Lowcostbeds finalises Resorthoppa takeover
Friday, 12 Jan, 2009
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Lowcostbeds.com is offering Resorthoppa through its trade web site lowcostbedsagents.com following the completion of a takeover of the transfer company.
Bundled prices for lowcostbeds.com transfers and beds is being made available via the trade web site, enabling lower prices to be offered to agents to increase their margins.
Lowcostbeds.com CEO Paul Evans said the company’s ability to bundle transfers with bed stock meant it was in a “very exciting position to consolidate its position as one of the leading suppliers of independent holiday components to the travel trade”.
“Customers and agents are demanding access to holiday components from a single source and those operators that offer single product will become vulnerable,” he added.
Michael East, who will continue as chairman of Resorthoppa, said: “Despite the difficult trading conditions being experienced by the travel industry, we are seeing a significant increase in activity at Resort Hoppa and the completion of this merger will enable us to build a strong, integrated group offering a one stop shop to enable the trade to create their own, great value, dynamic packages.”
He added: “We anticipate signing a number of new agreements over the coming weeks”.
by Phil Davies
Phil Davies
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