Hotelbeds, the world’s leading bedbank, has announced today at ITB Berlin that it recorded an average 18% year on year growth in TTV across its European source markets in 2015. This performance was five times above the industry average. Despite Hotelbeds’ leading global position, Europe still remains its most significant region in terms of booking volume. The company aims to further grow this leading position with a focus on driving the development of its differentiated product offer as well as continuing to invest in technology and innovation. In particular, in the consolidated German source market, Hotelbeds has significantly outperformed the industry average once again and has recorded growth rates seven times above the market average. The company plans to maintain this impressive growth with the launch of its new CacheAPI, an important development within APitude, Hotelbeds’ API connectivity suite. Get the full story at Hotelbeds