Travelport Worldwide Ltd provides distribution, technology, payment solutions for the travel and tourism industry. It is the smallest, by revenue, of the top three global distribution systems (GDS) after Amadeus IT Group and Sabre Corporation. The company also provides IT services to airlines, such as shopping, ticketing, and departure control.
The company was formed by Cendant in 2001 following its acquisitions of Galileo GDS for $2.9 billion and CheapTickets for $425 million.
In 2004, the company acquired Orbitz for $1.25 billion and Fairview Travel for $88 million.]
In 2005, the company acquired eBookers for $350 million and Gullivers Travel Associates for $1.1 billion.
In August 2006, Cendant sold Orbitz and Galileo to The Blackstone Group for $4.3 billion, forming Travelport.
In August 2007, Travelport acquired Worldspan for $1.4 billion.
In July 2007, the company completed the partial corporate spin-off of Orbitz via an initial public offering.
In May 2010, the company acquired Sprice.com.
In 2011, the company sold Gullivers Travel Associates to Kuoni Travel for $720 million.
On September 25, 2014, the company became a public company via an initial public offering on the New York Stock Exchange.
In 2015, Travelport acquired Mobile Travel Technologies for €55 million.
In 2017, Travelport was the first GDS to be awarded the International Air Transport Association NDC (New Distribution Capability) Level 3 certification as an aggregator of travel content.In 2018, it became the first GDS operator to manage the live booking of flights using the NDC standard.
On May 30, 2019, the company was acquired by affiliates of Siris Capital Group and Evergreen Coast Capital, an affiliate of Elliott Management Corporation, for $4.4 billion.
In Your 2020 trends roadmap through the changing traveler landscape.To be successful in travel in 2020, you’ll need to have a comprehensive mobile strategy to back up your business goals.
2021 is going to be our year and we want you to come on the journey with us!
We’re offering Summer internships across the below teams:
- Software Development
- Software Architecture
- Systems Engineering/Administration
We zooFamily Travel Community represent all GDS system in Bangladesh. For details you may visit: www.zoo.family
For Travelport assistant Bangladesh call or WhatsApp: +8801678569292