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Articles tagged “travelport”

News Blog

Chinese Shift from Short Holidays to Plan Longer Breaks for Labor Day

Outbound travel from mainland China during the Labor Day holiday period reached a three-year high this year, according to data released by travel technology company Travelport. Also, unlike the rest of the year, the Labor Day period shows a notable increase in the length of travel with holidays lasting longer than 10 days, which could…

Peden Doma Bhutia | 2 years ago

Business Travel

American Airlines Hits Smaller Hubs With Steeper Airfares Through Legacy Channels

Erratic airfares will likely be a theme over the course of the year. The question is how damaging, reputationally speaking, will the settling down period be for American Airlines, compared to the financial gains — short or long term.

Matthew Parsons | 2 years ago

American Airlines Hits Smaller Hubs With Steeper Airfares Through Legacy Channels

Short-Term Rentals

Alloggio Takes Private Equity Exit in Path for Struggling Short-Term Rentals  

Private Equity restructuring for some short-term rental companies may be welcome — even as it means change of management, possible furloughs and cutting parts of the business. Analysts warn against spelling doom against the entire industry, however, demand still remains strong.

Srividya Kalyanaraman | 2 years ago

Alloggio Takes Private Equity Exit in Path for Struggling Short-Term Rentals  

News Blog

Travelport Owners Inject $200 Million to Sustain Its Travel Tech Growth

Travel technology company Travelport revealed on Friday it had received a $200 million investment from its owners, Siris Capital Group and Elliott Management. Based in Langley, UK, the privately held company didn't disclose its financial performance other than to say it had achieved "a strong first-quarter performance." The investment may have partly helped Travelport to…

Sean O'Neill | 2 years ago

News Blog

Copa Airlines Raises Global Distribution Surcharge to $18

Panama’s Copa Airlines is increasing its surcharge for tickets issued in Amadeus, Sabre and Travelport from $12 to $18 per direction. The fee hike takes effect from April 3, 2023 — coinciding with when American Airlines removes 40 percent of its own airfares from these same retail channels.  In both cases, the airlines are pushing…

Matthew Parsons | 2 years ago

Tourism

Travel Isn’t Ready for the Return of Chinese Tourists

Today’s edition of Skift’s daily podcast looks at outbound Chinese travel, the boom in hospitality hiring, and Travelport’s purchase of Deem.

Rashaad Jorden | 2 years ago

Travel Isn’t Ready for the Return of Chinese Tourists

Business Travel

Travelport Buys Corp Booking Tool Deem Off Enterprise Holdings

Ever since selling Locomote, its previous corporate booking tool, Travelport was left with a gap. Now with new types of content coming soon to the U.S., courtesy of American Airlines and its New Distribution Capability push, Deem fills the void.

Matthew Parsons | 2 years ago

Travelport Buys Corp Booking Tool Deem Off Enterprise Holdings

Airlines

American Airlines Is Shaking Up Corporate Travel Booking: Here’s Why

From April, the airline will stop selling almost half its airfares through traditional channels, instead selling them exclusively through its own website and so-called New Distribution Capability-powered channels. The shakeup mostly impacts travel agencies and corporations that fly American for business. We explain.

Matthew Parsons | 2 years ago

American Airlines Is Shaking Up Corporate Travel Booking: Here’s Why

Airlines

U.S. Transportation Secretary Doesn’t Want a Repeat of Wednesday’s Failure

Today’s edition of Skift’s daily podcast looks at the U.S. airlines-grounding glitch, Hilton’s new brand, and Travelport’s optimism.

Rashaad Jorden | 2 years ago

U.S. Transportation Secretary Doesn’t Want a Repeat of Wednesday’s Failure

Travel Technology

Travelport CEO Talks Recovery Outlook and Tech Investment in 2023

If the industry waits for segments like business travel to fully recover, it could be waiting forever. That’s one reason why Travelport and its competitors should continue investing in tech and expanding offerings.

Justin Dawes | 2 years ago

Travelport CEO Talks Recovery Outlook and Tech Investment in 2023