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Australia's Webjet restructures WebBeds management team

Travel booking company Webjet Ltd. reorganized the management team of its B2B travel business WebBeds B2B to tap global growth opportunities, the company said Nov. 22.

The management restructure sees WebBeds reorganized into three geographic regions, namely Europe; Asia; and the Middle East, Africa and the Americas. The company also created a new role called WebBeds Global to help drive revenue and manage cost efficiencies across the three new divisions.

Webjet also disclosed its fiscal 2018 guidance and said it was on track to deliver A$3 billion in time-to-value and A$80 million in EBITDA by June 30, 2018.