TTD: Bedbank.net in white-label venture with Kwik Travel
Bedbank.net is to become sole provider of accommodation-only inventory to Kwik Travel’s home-working network.
The deal is expected to boost Bedbank’s annual turnover by up to £7 million a year through its exposure to Kwik Travel’s customer base.
Kwik Travel will integrate its existing supply of holiday beds into Bedbank’s online service.
In return for channelling its accommodation through Bedbank, Kwik Travel’s homeworkers will have access to the entire bed stock of Bedbank via a white-label option called kwikbeds.com.
Bedbank is a joint venture between home-working network Future Travel and technology specialist the Vertical Group.
Chief executive Peter Healey said: “These sorts of partnerships are exactly what agents should be seeking going forward. The deal is mutually beneficial and marries sophisticated booking technology with massive bed stock in the best destinations.”
Report by Phil Davies
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