Marketplace MG Bedbank poised for continued growth after stellar 4Q2022

B2B hospitality marketplace MG Bedbank has achieved record levels of business in 4Q2022, with hotel sales more than 50 per cent above the same period pre-pandemic in 2019.

The strong performance was not limited to the home market of Indonesia (up 95 per cent), as bookings from across South-east Asian markets accelerated far beyond pre-pandemic levels. Star growth markets for MG Bedbank in the region included Vietnam (up 278 per cent) and Philippines (up 139 per cent).

MG Bedbank’s bookings from across South-east Asian markets accelerated beyond pre-pandemic levels in 4Q2022

Said MG Bedbank’s president director Brett Henry: “Our focus on technology and differentiated service has paid off, as we’ve been able to outperform the industry during the recovery. The investment we made during the pandemic to design, develop and deliver our hospitality-specific B2B marketplace platform, MG Jarvis, has been instrumental in driving this growth.”

“MG Bedbank has been a valuable partner for us,” shared Chris Legaspi, vice president commercial of Archipelago International. “Their partnership-based approach and new technology platform have allowed us to accelerate B2B sales throughout the recovery.”

MG Bedbank’s commitment to providing innovative technology solutions and exceptional customer service has been key to its success, and the company is poised for continued growth in 2023.

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