German online hotel booking system HRS acquired 61.6 percent of its competitor hotel.de.

The acquisition takes the HRS stake in hotel.de to 64.6 per cent. Founded in 2001, hotel.de lists BASF, SAP, Texas Instruments and Ernst & Young among its corporate customers. HRS claims 25,000 corporate clients. Many companies in Europe prefer to book hotel reservations through hotel specialists rather than travel management companies. Both HRS and hotel.de have offices throughout Europe and in Asia/Pacific. HRS claims to offer availability in 250,000 hotels in 180 countries.