While the will strengthen its footprint in North America, the GTA buy will give Hotelbeds significant presence in the fast-growing Asia-Pacific and Middle East markets. Former Hotelbeds’ chief in Asia-Pacific, Manuel Ferrer, who is now chairman & founder of Olea Consultancy, observed: “The GTA deal combined with Tourico means that now, there is only one world leader in the B2B wholesale business, Hotelbeds, and it is far, far, far (ahead) from the second.” The ‘seconds’ include the likes of Hotusa, Miki, JacTravel and DOTW. Get the full story at TTG Asia Read also "Hotelbeds acquires GTA"