LONDON, Jan. 28, 2026 /PRNewswire/ — HBX Group International Plc (HBX.SM), a leading independent B2B travel technology company, today issues a Q1 trading update for the three months ended 31 December 2025.

  • Revenue of €170m, up 5% constant currency (1% reported) in Q1, with TTV of €2.0bn, up 16% constant currency (12% reported), showed an acceleration in growth in line with guidance.
  • Customer-centric and agile approach to drive growth: sourcing expanded with increased third‑party supply and tailored attention model for hotels, distribution focus to capture structural growth by securing long-term agreements in key markets, and targeted commercial actions to support high-value relationships and grow market share.
  • Acceleration of Artificial Intelligence: increased application of AI in core operational and commercial processes to unlock opportunities that enhance competitive edge and profitability and encouraging employees to take an AI-first mindset.
  • Disciplined capital allocation: €100m share buy-back programme announced earlier this month alongside confirmation of intent to start paying dividends in FY26, aligned to clear priorities for capital allocation.
  • FY26 outlook is solid. The good first quarter performance and sustained booking momentum at the start of Q2 underpin full year guidance, which remains unchanged.

Positive results in Q1 FY26, in line with guidance

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