Guessing the type of activity of these companies may not be difficult and from their title, one can easily understand this issue. In fact, a large number of travel agencies in Iran and actors in the tourism industry are familiar with these companies and cooperate with them. We intend to get more acquainted with these companies and their business in the following.

Bed banks refer to B2B companies that have a very large number of rooms from various suppliers at a reasonable and special price for a specific period of time, which they sell to online travel agencies, airlines, destination management companies, tour operators, and so on. In fact, Bed bank companies are considered wholesalers of this type of service in the tourism industry. Of course, if you are familiar with some of the websites of Bed bank companies, you will see that they do not just sell and reserve rooms, but also offer services such as selling flight tickets, reserving rental cars, transfers, and other related services.

Bed bank companies need to offer a rich and diverse portfolio of rooms and various services to attract more customers, and to do this, they need to be in contact with a very large number of different suppliers around the world.

To display the services and rooms of suppliers in different countries and cities on their website, they need to sign direct contracts with hotels and accommodation centers, or in a higher volume of work, facilitate tasks through another intermediary company, namely a Channel manager. In fact, Channel managers connect to the PMS (Property Management System) of hotels and return all the necessary information including capacity and room costs plus the latest changes and updates. This is a necessity for Bed bank companies with a high volume of purchases and sales.

In addition to the online reservation website for room reservations, most Bed bank companies offer web services to applicant companies so that they can send all their products to their platform or site in the shortest time, and sell more.

In fact, web services are considered an interface between the service provider and the recipient. Using the Basisfly software, travel agencies will have the opportunity to make online reservations for hotels around the world for their passengers by receiving the sign of this web service.

It should be noted that currently, some of the online hotel reservation web services, such as Hotel Beds, have been implemented and executed by the development team of the BasisFly online reservation software and are now available to travel companies.