roomsXML and getabed merge business

rooms XML and getabed have announced merger of their businesses. Both roomsXML and getabed are independently owned and have been successfully providing accommodation to travel and wholesale partners in their respective markets.
Ruchir Bang, Executive Director, roomsXML commented, “We currently are in a very interesting phase within the travel wholesale industry and certainly see a great future if we have the right mix of passionate team, user-focused technology and strong financials, and that’s exactly what both roomsXML and getabed bring to the table.” He added “This all started with the vision on where we want to see our businesses in future and what growth opportunities we can bring to our valued staff members across offices, rather than just seeing if the balance sheet numbers added up.”
Under the new structure, owners of both roomsXML and getabed will continue to play an integral part in running the combined business, with Ruchir Bang as the CEO and Matt Stuart as the Chief Commercial Officer. The remaining senior leadership roles will be announced soon. The joint business will provide significant benefits and scale, which will then be passed on to their customers and suppliers.  As a result of the merger, they now offer a genuine global business with deep penetration in travel agency space across India, Middle East, APAC and Europe.
Matt Stuart, MD, getabed said, “This is a hugely exciting time for both getabed and roomsXML. With the accommodation wholesale market evolving rapidly, we needed to ensure that we remain relevant. “