WebBeds Group Limited
2.16
EUR
0.00
(0.00%)
ISIN
AU000000WEB7
Return %
Stock
S&P 500
1Y
-9.24
14.20
3Y
-42.55
81.12
5Y
-46.26
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- John Guscic
- Full Time Employees
- 2,000
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- 440 Collins Road Melbourne VIC Australia 3000
- IPO Date
- Dec 18, 1997
- Website
- webtravelgroup.com
- Similar Companies
- Business
- Web Travel Group Limited, founded in 1980 and headquartered in Melbourne, Australia, is a global business-to-business (B2B) travel distribution company specializing in connecting travel sellers with travel buyers through its digital marketplace and technology platforms. The company operates primarily through its WebBeds brand, which is a global marketplace providing hotel distribution solutions by sourcing inventory from hotels, resorts, apartments, ground travel services, and attractions, and distributing content to a network of more than 50,000 online and offline travel buyers worldwide. Web Travel Group also offers online travel booking services for flights, hotels, and packages across regions including Australia, the United Arab Emirates, the United Kingdom, and other international markets. It provides technology-driven solutions that optimize inventory control, enhance distribution efficiency, and deliver analytics for inventory optimization, targeting travel suppliers, corporate clients, and travel agents. In recent major developments, the company rebranded from Webjet Limited to Web Travel Group Limited in September 2024 to reflect its broader B2B focus. It accelerated expansion in the business travel segment through the strategic acquisition of Melbourne-based Locomote Holdings Pty Ltd in 2025, a digital business travel technology company with a fully developed corporate booking platform. This acquisition fast-tracks the company’s FY30 strategic plan aimed at doubling total transaction value (TTV) in five years by expanding its tailored business travel offering alongside growth initiatives in international flights, hotels and packages, and brand loyalty programs. Additionally, Web Travel Group completed the full acquisition of ROOMDEX, a supplier partner product integrated into WebBeds, enhancing its service and product offerings. The company reported record growth with WebBeds on track for a record year in transaction volumes and revenue, driven by significant growth across all regions it operates. Web Travel Group’s portfolio comprises global B2B travel distribution through its WebBeds brand in hotel and ground travel supply; online consumer-facing travel bookings of flights, hotels, and packages under Webjet OTA with innovative travel services technology such as self-serve flight changes and integration with payment and frequent flyer systems; corporate travel solutions accelerated by the Locomote acquisition; and strategic supplier partnerships that broaden inventory access. The company serves diverse markets including leisure travelers, corporate travelers, travel agencies, and tour operators, with operational reach across the Middle East, Europe, the Americas, Australia, and Asia. With an employee base of approximately 2,250, Web Travel Group leverages digital platforms to connect suppliers and buyers for efficient and scalable travel distribution globally. Web Travel Group Limited continues to focus on technological innovation, expanding its international market presence, and integrating strategic acquisitions to strengthen its comprehensive travel distribution ecosystem and maintain its leadership as a global travel technology company.