Articles tagged “gdss”

Travel Advisor Innovation Report: Bleisure Trend a Mixed Blessing for Agents

Travel Advisor Innovation Report: Bleisure Trend a Mixed Blessing for Agents

Maria Lenhart, Skift

As more business travelers view their trips as working vacations, travel advisors must draw on both corporate and leisure travel-planning skills. It's no simple challenge, but it's necessary given the strength of the bleisure travel trend.

4 days ago

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

European Regulators Will Focus on Distributors’ Restrictive Airline Contracts

Sean O'Neill, Skift

It's anyone's guess whether travel distribution giants Amadeus and Sabre might have run afoul of the European Union's rules. But a look at the history of those companies' airline contracts provides clues as to what might be top of mind with investigators.

3 weeks ago

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

European Commission Is Probing Travel Distribution Systems for Anticompetitive Practices

Dennis Schaal, Skift

Over the years, the big global distribution systems have been a major barrier to innovation by airlines and travel startups, in particular. The European Commission now intends to take a serious look at this dynamic.

3 weeks ago

Travelport Sees India as Its Path to Reverse Market Share Losses

Travelport Sees India as Its Path to Reverse Market Share Losses

Sean O'Neill, Skift

Gordon Wilson, the CEO of Travelport, said in an interview that he sees India as one of the drivers of its long-term growth. That's plausible, but not assured. Private equity should take the company private to shield it from quarterly earnings pressure, and allow it to invest properly to make the most of its varied opportunities.

1 month ago

Amadeus Hospitality Is a Tough Sell Despite Progress With InterContinental Hotels Group

Amadeus Hospitality Is a Tough Sell Despite Progress With InterContinental Hotels Group

Sean O'Neill, Skift

Amadeus hopes to clear some of the underbrush that's grown up in hotel technology. If it succeeds, it will likely reshape the costs and systems used for selling rooms industrywide.

5 months ago

Travelport Lost Lucrative Flight Centre Contract to Distribution Rivals

Travelport Lost Lucrative Flight Centre Contract to Distribution Rivals

Sean O'Neill, Skift

No word on yet on what activist hedge fund investor Paul Singer of Elliott Management might try to pressure Travelport do this year. But research analysts expect that, at the very least, the travel technology company will be pressed to spin off its fast-growing eNett payments business.

8 months ago

Sabre Searches for Deal as the Air France-KLM Distribution Surcharge Looms

Sabre Searches for Deal as the Air France-KLM Distribution Surcharge Looms

Andrew Sheivachman, Skift

Wasn't the whole point of these surcharges to prevent the global distribution systems from taking a cut of that juicy ancillary money that is now flowing in? One has to wonder what the terms of Air France-KLM's deal with Amadeus and Travelport really are. For now, it looks like the global distribution systems that took the new distribution capability seriously are reaping the rewards.

9 months ago

Travelport Faces Dramatic Changes if Activist Investor Gets His Way

Travelport Faces Dramatic Changes if Activist Investor Gets His Way

Sean O'Neill, Skift

The last thing travel tech giant Travelport needs is to be sold to private equity. It's still digging out from all the debt Blackstone saddled it with. Our best guess is that it will be forced to partly sell eNett, a payments business.

9 months ago

Activist Investor Pushes for a Travelport Sale to Private Equity

Activist Investor Pushes for a Travelport Sale to Private Equity

Scott Deveau, Bloomberg

Will hedge fund Elliott buy out travel technology company Travelport? Or is it using financial jujitsu and hype to make a quick profit? One thing we know: Distribution companies like Travelport remain valuable.

9 months ago

British Airways Wants to Get Smarter About Selling Airline Tickets

British Airways Wants to Get Smarter About Selling Airline Tickets

Patrick Whyte, Skift

Airlines have long hoped for a technological development that would enable them to take back control from travel's middlemen. The New Distribution Capability was supposed to be that solution, but change of this magnitude takes time. At the moment, the British Airways parent seems more than happy to eat up the cost.

10 months ago

9 Big Challenges Facing Amadeus This Year

9 Big Challenges Facing Amadeus This Year

Sean O'Neill, Skift

Amadeus' track record of profitable growth has been music to the ears of investors. But some airline and hotel executives claim to hear discordant notes in the giant technology vendor's forecasts.

10 months ago

Travelport Is Diversifying With Strong Growth in Payments Tech

Travelport Is Diversifying With Strong Growth in Payments Tech

Andrew Sheivachman, Skift

How is Travelport competing against much bigger companies like Sabre and Amadeus? By creating technology solutions its clients actually want to use while expanding in the world's fastest-growing regions for travel.

10 months ago