PALMA, Spain, 8 July 2021: Hotelbeds concluded a sales agreement
this week with All Suites Appart Hotel tourist and business residences, part of
Groupe Pichet, a leading real estate player in France.

With this agreement, Hotelbeds has secured preferential
offers and privileges for its clients at 11 properties that are part of All
Suites across France. In preparation for meeting pent-up travel demand,
Hotelbeds will have access to preferential rates designed to inspire travel and
help drive industry recovery.

In return, All Suites will have access to Hotelbeds’
extensive network of over 60,000 professional travel buyers based in over 140
source markets worldwide, including high-value channels such as travel
agencies, tour operators, airlines and points redemption programs.

Hotelbeds global sourcing director Jorge Cortés said: “We
are delighted to expand our portfolio in France with this new partnership
between All Suites Appart Hotel tourist and business residences and Hotelbeds.
Properties located in the centre of various French cities, close to business
districts and major tourist attractions, will join our extensive portfolio of
more than 180,000 hotels worldwide.”