Travelport is a Travel Commerce Platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry.

Founded 2001 (United States)United States

Headquarters Langley, Berkshire (UK mailing address) Langley, BerkshireUK

Key people Gordon Wilson, President andCEO; Douglas Steenland, Chairman - Board of Directors ; Philip Emery, CFO; Kurt Ekert, Chief Commercial OfficerCEOCFOChief Commercial Officer

Revenue US$ 2.1 billion US$

Number of employees Approximately 3,400

Subsidiaries Travelport includes Travelport Apollo, Travelport Galileo and Travelport Worldspan

Website

Company With a presence in over 170 countries, approximately 3,400 employees, 2013 net revenue of $2.1 billion and $2.3 billion in debt in 2014, Travelport is composed of a Travel Commerce Platform through which it connects travel providers with travel buyers and Technology Services through which it provides IT services to airlines. Travelport is headquartered in Langley, Berkshire. The company recently completed its initial public offering on the New York Stock Exchange and trades under the symbol “TVPT”.Langley, Berkshire

History Travelport traces its origins back to 1971, but its most immediate predecessor, Travel Distribution Services (TDS), was founded in 2001 through the acquisition of Galileo International by TDS's parent, Cendant Corporation. Travelport was formed in August 2006, when Cendant sold Orbitz and Galileo to The Blackstone Group in a deal valued at $4.3 billion.Cendant CorporationCendantThe Blackstone Group

Shortly after the Blackstone-led buyout, in December 2006, Travelport struck a deal to buy one of its rivals, Worldspan, for $1.4 billion. [1] [1] In May 2007 the company filed a registration statement with the U.S. Securities and Exchange Commission to sell a portion of Orbitz Worldwide in an initial public offering (IPO). The IPO was priced on July 20, 2007, opening at $15.00 per share, and closed on July 25, A month later, Travelport completed the Worldspan deal, integrating Worldspan with Galileo.U.S. Securities and Exchange CommissionOrbitz Worldwideinitial public offering

By combining operations with Worldspan and streamlining overlapping functions that Travelport had inherited from a string of more than 20 earlier mergers under Cendant, Travelport cut its overhead by $390 million in three years and doubled its cash flow. [2] [2] On September 19, 2007, Travelport became the first travel company to receive a 100 percent rating on the sixth annual Corporate Equality Index awarded by the American Human Rights Campaign Foundation. [3] Worldspan achieved the 100 percent rating on HRC's Corporate Equality Index in 2002, 2003, 2004 and 2005.Corporate Equality IndexAmerican Human Rights Campaign Foundation [3] On May 5, 2011, Travelport completed the $720m sale of its GTA (Gullivers Travel Associates) business to Kuoni.Kuoni

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