Company Profile
Travelport Company Basic Information, and Sales Area
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# |
Item |
Description |
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1 |
Company Name |
Travelport |
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2 |
Website |
www.travelport.com |
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3 |
Established Date |
1971 |
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4 |
Headquartered |
United Kingdom, Europe |
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5 |
Market Position/ History |
Travelport is a technology company involve in a travel commerce platform providing distribution, technology, payment and other solutions for the global travel and tourism industry. It was founded in 1971 headquartered in United Kingdom and have more than 200 offices across the globe. They have also won various awards for their work and performance. |
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6 |
Sales Area |
Worldwide |
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7 |
Contact Information |
Travelport, Axis One, Axis Park, 10 Hurricane Way, Langley. SL3 8AG. United Kingdom. Tel: +44 1753 288 000 Fax: +44 1753 288 001 |
Business Segment/ Overview:
Travelport is a travel technology company where they offer travel commerce platform providing distribution, technology, payment and other valuable services for the global travel and tourism industry. With this, company also connect the world’s leading travel providers with online and offline travel buyers, through business-to-business (B2B) platform. Company is also engaged in offering the critical technology to airlines, such as shopping, ticketing, departure control and other services, designed to streamline every task. Company provides various travel solutions in the industry such as airlines, retail travel agencies, online travel agencies, travel management companies, corporations, hotels, cars and rail. Company’s product line is divided into three segments; Travelport products for travel agencies, TMCs and corporations, products for online travel agencies, and products for travel providers. Products for travel agencies, TMCs and Corporations offer Travelport smart point, Travelport branded fares and ancillaries, Travelport search control console, Travelport fusion, Travelport marketplace, Travelport CETS, Travelport Private Agency Fares.
Recent Developments:
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Year |
Latest News |
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September 2020 |
Travelport renews Korean Air partnership The Travelport has signed multi-year content agreement with Korean air lines which is the country's largest airline and national carrier. With this agreement the company will continue to provide content and inventory to various Travelport-connected agencies across the world. |
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June 2020 |
Travelport raises fresh liquidity to overcome Covid-19 downturn Travelport Worldwide has secured access to US$1 billion in new funding to overcome a downturn following the corona pandemic. The cash comes in assurances for $500 million in financing from partners of existing owners, Siris Capital Group and Evergreen Coast Capital, and the private equity affiliate of Elliott Management Corporation. The investment provides Travelport with the liquidity needed to continue to exceed the expectations of its customers despite the impact of the Covid-19 pandemic. |
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Profile Details
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Author Sneha Mali
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Published 11 Dec 2023
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Last Updated 11 Dec 2023
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Reading Time~5 minutes
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CoverageSWOT, Financials, Key Employees, History
Table of Contents
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- 1.1 About Travelport
- 1.2 Key Facts
- 1.3 Key Employees
- 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
- 1.5.1 Head Office
- 1.5.2 Other Locations & Subsidiaries
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- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
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- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
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- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
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- 5.1 Acquisitions
- 5.2 Partnerships
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- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
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- 7.1 Summary of Findings
- 7.2 Strategic Recommendations
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