TravelMole
Operators

Lowcostbeds sees 30 per cent growth from the trade

Monday, 17 June 20133 min read

Lowcostbeds has announced a 30% year on year growth from UK agents putting it down to the company’s investment and increase in hotels on offer.

The bedbank says this compares to first half results last year showing a 11% growth, adding that the trade remains at the core of the group’s strategy from a revenue and focus perspective.

Paul Riches, group director of sales for lowcostbeds, said: "When you decide to grow on an international scale, you have to make sure your service, technology and pricing to travel agents are spot on.

"We have added over 50,000 new hotels in the last 2 months and agents, especially those in the UK, have noticed and are taking advantage of this growth."