S4BT Acquires Business Travel Hotel-Booking Platform
Photo Credit: Hotel Indigo Dubai Downtown. IHG
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S4BT has acquired HotelHub, bringing $5 billion in annual corporate hotel bookings into its network. The deal gives the group a much bigger role in how business travelers book hotels, without turning it into a traditional travel agency.
European business travel technology group S4BT (Solutions for Business Travel) has acquired Travel Centric Technology, the London-based parent company of HotelHub.
The deal extends S4BT's reach in hotel distribution.
S4BT builds the systems that travel management companies (TMCs) use to book, process, and manage their operations. HotelHub is a hotel booking platform used by large global TMCs. It connects those agencies to hotel inventory around the world and processes hotel bookings inside their existing systems.
With the acquisition, S4BT will now process more than $5 billion in annual hotel booking value. The vo