- B2B and B2C LATAM leader PriceTravel Holding announces +450% growth in hotel portfolio, exceeding 35,000 directly hotels globally.
- Strategic alliances with top global hotel chains, including Disney Destination, Universal Parks & Resorts, and Las Vegas, solidify PriceTravel as industry leader.
- Strength of company’s B2B wholesale brand, Connect, lies in its advanced API platform, ensuring exceptional speed for efficiency. It offers 24/7 trilingual B2B distribution customer service with dedicated Account Managers for personalized, results-driven support.
Berlin, Germany, 4 March 2024 – PriceTravel Holding, one of the biggest B2B and B2C travel companies in Latin America, is set to make a significant impact at ITB Berlin 2024. The company proudly announces an astounding +450% growth in its hotel portfolio through direct contracting, offering over 35,000 hotels and solidifying its position as a major player in the hospitality sector.
This portfolio of hotels spans across 120 destinations, primarily in Latin America, the Caribbean, the United States, and Europe, ensuring a comprehensive and varied selection to meet B2B and B2C client demands. The key strategic agreements that position PriceTravel as the undisputed leader are based on three strategic pillars in terms of its contracted product:
- PriceTravel has secured 35 exclusive contracts with top hotel chains globally, marking a significant milestone in its journey. In 2023, the company closed exclusive agreements with major hotel chains, including Wyndham, Accor, Marriott, Hilton, Best Western, and Hyatt.
- German and European travel agencies and tour operators will also be able to benefit from PriceTravel’s extensive product as a result of being a key strategic partner for the distribution of theme parks such as Disney Destination and Universal Parks and Resorts in Mexico and LATAM.
- Also, thanks to the best-in-class technology, PriceTravel is positioned as unrivaled leaders in Las Vegas. The company has strategically partnered with all major chains in the destination, featuring prominent hotels such as MGM, Caesar Palace, and Wynn Las Vegas and experiencing a noteworthy +500% growth in sales over the last 12 months.
Under the banner of its B2B Wholesale brand, known as Connect, the business unit specialises in B2B hotel distribution through API/XML integrations, offering innovative solutions tailored to wholesalers, tour operators, OTAs and other B2B2C buyers of accommodation.
Ivonne Arriola, Wholesale Director at PriceTravel Holding, says:
“This week PriceTravel Holding, through its Connect brand, lands for its first time at ITB Berlin. As we continue to soar to new heights, our outstanding growth in hotel offerings and strategic partnerships reflects our commitment to delivering unparalleled travel experiences to our partners globally. We are thrilled to showcase our achievements at ITB Berlin 2024 and reinforce our position as a major player in the global hospitality sector. Our success is driven by our dedicated team, cutting-edge technology, and unwavering commitment to excellence.”
At the core of Connect’s prowess lies its state-of-the-art API platform. Delivering exceptional response times, with 99% of requests processed in under one second, the platform’s advanced technology sets it apart. Easy integration via gateways or direct connectivity positions Connect as an efficient and agile choice for its business partners.
Connect not only delivers high-quality products but also backs its offerings with specialized B2B distribution customer service. Operating 24/7 and providing trilingual support (English, Spanish, and Portuguese), the brand ensures consistent and effective assistance. Each client is paired with a dedicated Account Manager within the region, delivering personalized and results-driven support.
About PriceTravel Holding
PriceTravel Holding is a tourist group founded in 2000. They are leaders in Mexico, Colombia, and Latin America. PriceTravel Holding’s distribution strategy considers source markets, business lines, and distribution channels to generate value for different business partners, commercial partners, and direct and end customers.
PriceTravel Holding is an innovative company leveraged by content, technology, and distribution channels, as well as high standards of after-sales service. The company has strong and exclusive business alliances and more than 250,000 travel options worldwide. Its travel products can be purchased through its B2C business units: pricetravel.com and tiquetesbaratos.com. Through its B2B model, which caters exclusively to retail travel agents: Travelinn.com.mx and PriceAgencies.co and for wholesale agencies through its Connect brand, while for its B2B2C model, which provides the best technology and booking engine through its B2BTravelProgram brand, In addition to its business model, the BTC (Business Travel Consulting) brand focuses on meeting tourism and corporate travel needs.
To learn more about the company, please visit pricetravelholding.com.