November 16, 2018
Hospitality industry executives look ahead to 2019
There are headwinds ahead for some hotel brand companies and real estate investment trusts, but the overall tone on calls in regards to next year was positive.Read more
Expedia and Webjet are poised to take over contracting of the company’s own-brand and partner hotels.
The company said that moving away from in-house bed banks and outsourcing production of the complementary hotels would allow it to focus on its core own-brand and partner properties, while offering greater choice at less cost.
“The closure of the Medhotels business is a natural evolution of our strategy,” said Thomas Hohn, chief of group complementary product at Thomas Cook. “The transformation of our complementary hotel partnerships will simplify our processes and give customers a better online experience with more choice.
Medhotels is scheduled to cease operations on Dec. 31, and will continue to accept and honor bookings departing up to that time.
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