Latest news with #HBXGroup
Travel Daily News
28-05-2025
- Business
- Travel Daily News
HBX Group launches flexible financing for travel businesses
HBX Group partners with YouLend to launch Cash Advance, offering flexible, performance-based financing for small and medium travel and hospitality businesses. LONDON – HBX Group, a leading independent B2B travel technology marketplace, is partnering with global embedded financing platform YouLend, to offer its partners and clients access to Cash Advance, a new financing solution aimed at helping small and medium-sized businesses in the travel and hospitality sectors manage cash flow and unlock growth opportunities. Designed specifically for the needs of travel agencies, independent hotels, and similar businesses, Cash Advance offers funding based on business performance rather than credit scores or collateral. The application process is simple and fully digital, and approved funds can be accessed in as little as 48 hours. Repayments are made as a percentage of monthly sales, allowing businesses to contribute more during high seasons and less during quieter periods—without the burden of fixed payments amounts each month. 'We want our partners to have the flexibility and support they need to run their businesses with confidence,' said Daniel Nordholm, Chief Product and New Business Officer at HBX Group. 'By working with YouLend, we offer a practical solution that reflects the rhythm of the travel industry and the challenges our clients face. 'At HBX Group, we're committed to providing more than just travel distribution – we're building a suite of tools and services that help our partners grow sustainably, operate more smoothly, and navigate the demands of a changing market.' Through Cash Advance tool, HBX Group's clients and partners can explore funding options, simulate different repayment scenarios, review terms in detail, and complete their application through a single, easy-to-use platform. The experience is designed to be transparent from start to finish, with no hidden fees or complex conditions. Cash Advance is now available for HBX Group clients in Spain, the UK, Germany, Poland, Belgium, Ireland, and the Netherlands, with a rollout to more markets planned for later this year.
Travel Daily News
15-05-2025
- Business
- Travel Daily News
HBX Group integrates Civitfun into its portfolio
HBX Group acquires Civitfun to enhance hotel operations with digital check-in, guest communication, and upselling tools across global distribution channels. LONDON – HBX Group ( a leading independent B2B travel technology marketplace, announces the acquisition of Civitfun, a hospitality tech innovator based in Spain with deep expertise in digitalising hotel operations. With this strategic investment, HBX Group takes a further step in its ongoing strategy to simplify the travel ecosystem and empower hotel partners with next-generation technology. By combining HBX Group's global reach and marketplace capabilities with Civitfun's tech infrastructure and integrations, spanning 60 PMS platforms and more than 3500 clients across 36 countries, the partnership sets the stage for a new era of connected data-driven hospitality. Together, HBX Group and Civitfun will develop a platform of intelligent hotel solutions to enhance guest experience, optimise operations and unlock new revenue streams for hotels. The roadmap includes expanding capabilities in areas such as contactless check-in and check-out, enhanced hotel & guest communications, and flexible upselling & cross-selling options. As an immediate a result of this partnership, HBX Group hotel partners will now have access to Civitfun's best-in-class online check-in capabilities, available both remotely via URL and onsite at front desk, allowing guests to complete check-in seamlessly, without waiting in line. This unique platform supports hotel direct channels, major OTAs, and the leading B2B player, making it the only online check-in tool globally designed to serve all main hotel distribution channels. Nicolas Huss, CEO at HBX Group, said: 'We chose to invest in Civitfun because their technology truly makes a difference to hotels and their guests. Our goal at HBX Group has always been to simplify complex processes and help our hotel partners grow. This collaboration will do exactly that – reducing operational headaches, improving efficiency and allowing hotel staff more time to do what they do best: looking after their guests.' Mariano de Oleza, Managing Director of Civitfun, added: 'Joining the HBX Group family is an exciting milestone for us. Together, we will create new opportunities for hotels worldwide, from smooth online check-in to up-sell & cross-sell possibilities'.
Yahoo
14-05-2025
- Business
- Yahoo
HBX GROUP ANNOUNCES HALF YEAR 2025 FINANCIAL RESULTS
Strong performance with double-digit growth PALMA DE MALLORCA, Spain, May 14, 2025 /PRNewswire/ -- HBX Group International plc (HBX Group, the Company, the Group, announces its Half Year 2025 results. Total Transaction Value (TTV) up 12% to €3.4bn, demonstrating continued outperformance versus the global accommodation market Revenue of €319m, up 10%, driven by double-digit growth in travel to Europe and MEAPAC Adjusted EBITDA of €159m, up 14% and Adjusted EBITDA margin of 50%, up 2% points New commercial partnerships signed to deliver future growth in key markets Listing on the Spanish Stock Exchanges in February, raising €725 million Debt refinancing completed in March followed by credit rating upgrades FY25E revenue guidance widened to €740-790m; newly introduced guidance for adjusted EBITDA of €430-450m and operating free cash flow cash conversion of c.100% Retained medium-term outlook, maintaining confidence in our ambition of profitable growth and market outperformance Financial performance summary 6 months ended 31 March 20256 months ended 31 March 2024 Change Total Transaction Value (TTV) (€m) 3,3703,022 12 % Revenue (€m) 319291 10 % Adjusted EBITDA (€m) 159140 14 % margin (%) 49.848.1 1.7pts Net loss (€m) (227)(122) 86 % Loss per share (€) (1.15)(0.68) 69 %Operating free cash flow (€m) (117)(97) 21 % cash conversion (last 12 months) (%) 107n/a n/a 31 Mar 202530 Sept 2024 Change Adjusted net debt (€m) 8071,285 -37 % Annualised(1) Adj net debt/ Adj EBITDA x 1.9x3.2x (1.4x) (1) Annualised LTM based on last 12 month Adj EBITDA. See financial statements for definitions of specific financial terms and KPIs, including any Alternative Performance Measures (APMs) Company Guidance FY25 Mid-term(1) (unchanged)TTV 10%-16% (unchanged) Low double digit CAGRRevenue €740m-€790m (widened) High single digit CAGRAdj. EBITDA €430m-€450m (new) Low 60s%Op FCF conversion c.100% (new) c.100%(1) Mid-term is based on FY27, CAGR 3 years from FY24-FY27 Outlook The strong start to the year was in line with our expectations and reflected good execution and market outperformance. Since the beginning of April, trading has remained resilient, broadly in line with first half performance supported by strong long lead time bookings. At the same time, the more volatile macroeconomic environment has led to slightly lower visibility for summer bookings. As a consequence, the range of potential revenue outcomes for FY25E is wider and FY25E revenue guidance is updated to €740-790m. Guidance has been introduced for Adj. EBITDA (€430-450m) and operating free cash flow conversion (c. 100%, in line with our mid-term guidance), reflecting actions we are taking to deliver profitability and cash generation in a less predictable market environment. Our Mid-term outlook is unchanged. Our strong value proposition, compounded by the long-term positive spending trends underpinning the travel and leisure market, gives us confidence for the future. For the full press release and disclaimer applicable to this information, please visit About HBX Group HBX Group is a leading independent B2B travel technology marketplace that owns and operates Hotelbeds, Bedsonline and Roiback. We offer a network of interconnected travel tech products and services to partners such as Online Marketplaces, tour operators, travel advisors, airlines, loyalty programs, destinations and travel suppliers. Our vision is to simplify the complex and fragmented travel industry through a combination of cloud-based technology solutions, curated data, and an extensive portfolio of products designed to maximise revenue. HBX Group is present in 170 countries and employs more than 3,600 people around the globe. We are committed to making travel a force for good, creating a positive social and environmental impact. HBX Group International PLC ( is listed on the Spanish stock exchanges (ISIN: GB00BNXJB679). Media contact: media@ View original content: SOURCE HBX Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Travel Daily News
12-05-2025
- Business
- Travel Daily News
ConX: Global leaders will gather in Mallorca to discuss the future of tourism
Travelgate's ConX 2025 in Mallorca will unite 1,000+ tourism professionals to explore innovation, connectivity, and strategic industry transformation. PALMA – Travelgate, part of the Travelsoft Goup, is hosting the fifth edition of ConX, an exclusive event that will bring together more than 1,000 professionals from the tourism industry on 21 May at the Son Moix Football Stadium in Mallorca. Under the slogan 'Connected: Business, People, Ideas', this edition focuses on the interconnection of the tourism ecosystem. From technology and strategic alliances to sustainability and customer experience, Connected explores how synergies between companies, people and ideas are transforming the sector globally. Among the featured speakers at ConX 2025 are international leaders such as Felix Shpilman (CEO, Emerging Travel Group), Javier Cabrerizo (Chief Strategy & Transformation, HBX Group), Walter Buschta (SVP, Phocuswright), Ada Xu (Director of International Affairs, FLIGGY – Alibaba Group) and Emilie Dumont (CEO, Digitrips), among others. One of the most eagerly awaited moments will be the inspirational talk by Johan Lundgren, former CEO of easyJet, who will share his vision on leadership, business creativity and how to stay connected to the values that drive personal and professional innovation. 'In an increasingly fragmented landscape, connection is power. It means resilience, more agile innovation and shared success,' says Pedro Camara, CEO of Travelgate. A platform to rethink the future of tourism During the conference, key topics will be addressed, such as: New growth strategies in B2B distribution: how technology, personalisation and sustainability are reshaping travel planning and management. The entry of new brands into the travel ecosystem: the impact of non-traditional players such as banks and retailers on the customer experience and value creation. The growing influence of India in global tourism: a look at its internal transformation, strategic investments and international positioning. The event will also include an exclusive interview with Javier Cabrerizo (HBX Group), who will analyse the group's growth plans and its role in the global tourism ecosystem. Confirmed speakers – ConX 2025: Pedro Camara, CEO, Travelgate CEO, Travelgate Alex Gisbert, entrepreneur and travel technology investor entrepreneur and travel technology investor Walter Buschta, SVP, Phocuswright SVP, Phocuswright Johan Lundgren, former CEO of easyJet (2017–2024) former CEO of easyJet (2017–2024) Javier Cabrerizo, Chief Strategy & Transformation, HBX Group Chief Strategy & Transformation, HBX Group Jaal Shah, Founder of & DG, Travel Designer Group Founder of & DG, Bhanu Chopra, Founder & Chairman, RateGain Founder & Chairman, Albert Fernando, Founder & CEO, Travelwings Founder & CEO, Rajnish Kumar, Director & Group Co-CEO, Ixigo Director & Group Co-CEO, Kate Irwing, Managing Director, Skift EMEA Managing Director, EMEA Ka t e Harden, Editor, Travolution e Editor, Emilie Dumont, CEO, Digitrips CEO, Ada Xu, Director of International Affairs, FLIGGY – Alibaba Group Director of International Affairs, FLIGGY – Alibaba Group Dor Krubiner, CEO & Founder, MIZE CEO & Founder, Faisal Memon, CEO & Founder, ILLUSIONS CEO & Founder, Felix Shpilman, CEO, Emerging Travel CEO, Travel Bedi Tejveer Singh, VP, Traveloka Partners Network ConX 2025: Connected is an exclusive international conference focused on innovation, collaboration and generating high-impact connections in the global travel industry. Based in Mallorca, the event has established itself as a meeting point for the sector's leading figures and decision-makers. The 2025 edition will bring together more than 1,000 attendees, 400 companies from over 50 countries and more than 20 industry experts. In addition to the content sessions, ConX will offer a prominent networking space, which is key to strengthening strategic alliances and discovering new opportunities. This year, Huawei will be the main sponsor, alongside leading companies such as Ávoris and Zafiro Hoteles. Founded in 2012 and based in Palma de Mallorca, Travelgate is part of the Travelsoft group. Its B2B platform connects more than 1,000 companies worldwide, allowing buyers and sellers to interact seamlessly, regardless of their size or technology. Travelgate makes it easy to search, compare and book tourism products in real time, democratising access to connectivity through robust and easy-to-integrate APIs.
Tourism Breaking News
20-02-2025
- Business
- Tourism Breaking News
HBX Group and Minor Hotels expand strategic partnership to include hotels in Australasia, Africa, Middle East and Asia
Post Views: 120 HBX Group and Minor Hotels have announced the global expansion of their preferred distribution partnership. The expanded partnership builds on the success of Minor Hotels and HBX Group's existing collaboration in Europe and the Americas. Under the agreement, Minor Hotels will add 181 properties from Asia, Australasia, Africa and the Middle East to its distribution partnership. The group will also designate HBX Group as a preferred B2B distribution partner, enabling streamlined distribution, optimised operational costs, and greater control over rates and inventory. HBX Group's global network, which connects 60,000 travel distributors across over 190 source markets, will now have access to over 560 Minor Hotels properties across 58 countries. These include renowned brands such as Anantara, Avani, Elewana Collection, Tivoli, NH, NH Collection, nhow and Oaks. Looking ahead, Minor Hotels announced its intent to add nearly 300 properties to its portfolio over the next three years, which will also join the preferred distribution partnership. Carlos Muñoz, Chief Commercial Officer at HBX Group, commented: 'This global partnership represents a significant milestone in our collaboration with Minor Hotels. By consolidating distribution efforts and reducing operational complexity, we are enabling Minor to streamline its strategy and focus on reaching high-value markets where we can add real value. HBX Group becomes an extension of Minor's commercial arm, bringing their brands to markets and customers that would otherwise be out of reach. Together, we are setting a new benchmark for what a true partnership between a hospitality group and a distribution tech platform should look like.' Ian Di Tullio, Chief Commercial Officer of Minor Hotels, added: 'Our partnership with HBX Group has been instrumental in maintaining our agility and efficiency, allowing us to leverage best practices and insights from their network. This collaboration in Europe and the Americas has been invaluable in accelerating our growth and expanding our distribution. We look forward to broadening this successful relationship to encompass our global portfolio, ultimately delivering superior value to our customers.' Fernando Vives, Chief Commercial Officer of Minor Hotels Europe & Americas, reinforced: 'Our collaboration with HBX Group has accelerated our growth in Europe and the Americas and provided us with the insights to refine our approach in the markets. As we expand our partnership globally, we are excited to build on this momentum and deliver greater value to our guests.' This announcement also underscores Minor Hotels' longstanding support for MarketHub, HBX Group's flagship event series for the travel industry. A dedicated partner, the hotel group hosted MarketHub Europe 2023 at the nhow Amsterdam RAI and will welcome the European edition of the event at the Tivoli Marina Vilamoura Algarve Resort from April 1-4, 2025. MarketHub brings together leaders from across the travel and hospitality industry to explore trends such as AI-driven personalisation, sustainable travel, and the future of B2B partnerships. The event serves as a global platform for fostering meaningful connections and inspiring strategies that drive recovery and innovation in the travel industry.
