New investment from existing backers provides Travelport with platform for long-term success.
New investment from existing backers provides Travelport with platform for long-term success.
Travelport and WestJet have signed a new long-term agreement to improve retail capabilities and implement New Distribution Capability (NDC) for better content and servicing.
The new financing significantly deleverages Travelport’s balance sheet, giving the company a more robust long-term capital structure. It positions Travelport to continue investing in its technology platforms and further innovating new, exceptional ways for the travel industry to serve customers.
Travelport said Monday that it has raised $570 million in new equity from investors.
Good morning from Skift. It’s Thursday, January 12, and here’s what you need to know about the business of travel today.
Travelport has regained its own corporate booking tool, after buying Deem from private car rental company Enterprise Holdings.
Travelport has completed the integration of corporate booking tool Deem, which it acquired earlier this year.
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