Articles tagged “travelport”

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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.

11 months ago

Travelport’s Proposed Buyout Deal May Not End the Drama

Travelport’s Proposed Buyout Deal May Not End the Drama

Sean O'Neill, Skift

The early consensus is that Elliott Management put together a disappointing deal for investors. We cover the case for and against the deal here. But expect larger Travelport investors to consider resisting the deal or hope that a white knight acquirer rides in with a better offer.

11 months ago

Travelport Is Being Taken Private in $4.4 Billion Deal

Travelport Is Being Taken Private in $4.4 Billion Deal

Sean O'Neill, Skift

The long-predicted buyout of public-company Travelport has happened at a premium of about twice the market capitalization of the company. Expect a spinout of the company's eNett payments division and the proverbial "cost restructuring."

11 months ago

Travelport Close to Being Taken Private by Activist Investor

Travelport Close to Being Taken Private by Activist Investor

Sean O'Neill, Skift

Travelport has only been on the public market for four years, but hedge fund Elliott Management believes it can engineer a leveraged buyout that will unlock more value from the company. A spin-off of payments unit eNett is a likely early goal.

11 months ago

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

Sean O'Neill, Skift

In settling this lawsuit, Amadeus doesn't admit to any wrongdoing or violations of antitrust law. Along with Travelport, Amadeus agreed to have its team engage in antitrust compliance training.

12 months 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.

12 months 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 year ago

Travel Agents Get a Dose of the Sharing Economy Through Sabre Deal With Booking

Travel Agents Get a Dose of the Sharing Economy Through Sabre Deal With Booking

Paul Biasco, Skift

This move signals Sabre's eagerness to remain a powerhouse for travel agents in a changing landscape where alternative lodging, driven by the popularity of Airbnb, takes off. Come 2019, Sabre aims to be more of a one-stop shop for agents. Some agents applaud the move; others couldn't care less.

1 year ago

Video: Why Travelport Is Betting Big on Payments and Mobile Booking

Video: Why Travelport Is Betting Big on Payments and Mobile Booking

Andrew Sheivachman, Skift

Travelport has worked hard over the last few years to develop new airline merchandising and travel payments solutions on a global level. Next comes the challenge of driving wider adoption in the marketplace.

1 year ago

Why Travelport’s CEO Isn’t Worried About Brexit

Why Travelport’s CEO Isn’t Worried About Brexit

Sean O'Neill, Skift

In an interview, Travelport CEO Gordon Wilson strikes an optimistic tone for his company and for the negotiations at large over the fate of Britain's relationship with the European Union. We'll see if his confidence will be borne out by events.

1 year ago

Interview: Travelport Looks to Solve Hotel Distribution Problems With Blockchain

Interview: Travelport Looks to Solve Hotel Distribution Problems With Blockchain

Andrew Sheivachman, Skift

Some think blockchain can help decentralize travel distribution, which has historically been dominated by a small handful of players. These entrenched companies, however, see blockchain as a technology that can help fix some of the inefficiencies in the travel distribution marketplace without fully disrupting the status quo.

1 year ago

Global Distribution Systems Retool for the Next Digital Revolution

Global Distribution Systems Retool for the Next Digital Revolution

Andrew Sheivachman, Skift

The global distribution systems are each pushing forward in their own unique way. By investing like technology companies in flexible distribution and payment technologies, they hope to provide a better value proposition to travel partners that are keen to cut out the middleman. Decades of bad blood between the two, however, still linger over the conversation.

1 year ago