WebBeds: the Economy of Travel Consolidation

Webjet is Australia's largest online travel agency. Offering flights, hotels, car rentals, and travel packages, it's become the premier travel-booking destination for Australians and New Zealanders. And it keeps growing. Interestingly, it’s not their consumer-facing business that’s responsible for this growth, but WebBeds - their B2B division driving Webjet’s outstanding results.
Why is the hotel wholesaler business so lucrative, and how did Webjet succeed at it?
00:00 Intro
02:44 The birth of WebBeds
04:41 What is a bed bank?
08:58 WebBeds innovations
Sources:
[1] www.webjet.com.au/about/
www.webjet.com.au/about/why/
[2] www.smh.com.au/business/compa...
www.webbeds.com/webbeds-the-k...
[3] www.webbeds.com/
www.webbeds.com/about/#history
[4] www.webjetlimited.com/about/o...
[5] www.webintravel.com/top-trave...
[6] www.travelweekly.com.au/artic...
[7] www.govinfo.gov/content/pkg/S...
[8] discover.hotelbeds.com/why-ho...
www.bonotel.com/
www.travco.co.uk/
[9] www.webjetlimited.com/about/o...
[10] webbedsuploadstorage.blob.cor...
[11] www.travelweekly.com.au/artic...
[12] www.goseetravel.com/
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