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PriceTravel Holding makes waves at ITB Berlin 2024 with +450% hotel portfolio expansion

Monday, March 4, 2024

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PriceTravel

PriceTravel Holding, a prominent player in the Latin American travel industry, is poised to make a significant splash at ITB Berlin 2024. The company proudly announces an impressive +450% expansion in its hotel portfolio achieved through direct contracting, boasting over 35,000 hotels and cementing its position as a leading force in hospitality.

With properties spanning 120 destinations across Latin America, the Caribbean, the United States, and Europe, PriceTravel ensures a diverse selection to cater to the demands of both B2B and B2C clients. The company’s success rests on three strategic pillars:

Firstly, PriceTravel has inked 35 exclusive contracts with top global hotel chains, a milestone achievement. In 2023, it sealed exclusive agreements with major players like Wyndham, Accor, Marriott, Hilton, Best Western, and Hyatt.

Furthermore, German and European travel agencies and tour operators stand to benefit from PriceTravel’s extensive offerings, as the company serves as a key strategic partner for distributing theme parks like Disney Destination and Universal Parks and Resorts in Mexico and LATAM.

Additionally, PriceTravel’s strategic alliances and cutting-edge technology position it as a leader in Las Vegas. Partnering with major chains in the destination, including MGM, Caesar Palace, and Wynn Las Vegas, the company has experienced a remarkable +500% growth in sales over the past year.

Under its B2B Wholesale brand, known as Connect, PriceTravel specializes in B2B hotel distribution through API/XML integrations, providing innovative solutions tailored to wholesalers, tour operators, OTAs, and other B2B2C buyers.

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.”

Connect’s core strength resides in its cutting-edge API platform, which boasts exceptional response times, processing 99% of requests in less than one second. Its seamless integration via gateways or direct connectivity establishes Connect as a nimble and efficient option for its business affiliates.

Furthermore, Connect sets itself apart not just through its top-notch products but also through its specialized B2B distribution customer service. Operating round the clock and providing trilingual support in English, Spanish, and Portuguese, the brand delivers consistent and effective assistance to its clientele.

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