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August 01, 2015 7:05 AM ET

Internet Software and Services

Company Overview of Travelport, LP

Company Overview

Travelport, LP provides online transaction processing and information technology services to the travel industry worldwide. The company provides information, bookings, transaction processing, and related services for airlines, travel agencies, and other travel-related entities. It owns and operates a global distribution system (GDS) that provides services to traditional travel agencies, online travel agencies, and corporate travel departments. The company, through its GDS, provides approximately 11,000 traditional travel agency locations in approximately 70 countries and approximately 65 online travel agencies, including online travel agencies, with access to the inventory, reservations, and...

300 Galleria Parkway

Atlanta, GA 30339

United States

Founded in 1990

Phone:

770-563-7400

Fax:

770-563-7878

Key Executives for Travelport, LP

Director, Member of Audit Committee and President of Citigroup Venture Capital Equity Partners L P
Age: 65
Chief Technology Officer and Senior Vice President of Technical Operations
Age: 54
Chief Information Officer and Senior Vice President of Worldwide Product Solutions
Age: 64
Commercial Head of Japan, South Korea and Guam
Senior Vice President of Human Resources, Secretary, General Counsel and Member of Administrative Committee
Age: 63
Compensation as of Fiscal Year 2015.

Travelport, LP Key Developments

Travelport, LP and Travelport Global Distribution Systems B.V. Enter into New Subscriber Services Agreement with Orbitz Worldwide, Inc

Travelport, LP and Travelport Global Distribution Systems B.V. proactively entered into a new Subscriber Services Agreement with Orbitz Worldwide Inc., under which Orbitz Worldwide will use, and Travelport will provide, global distribution system (GDS) services in the USA and other countries, subject to specified terms and conditions. This subscriber services agreement replaces Orbitz Worldwide's existing agreement with Travelport for GDS services and provides Orbitz Worldwide with some wider flexibility than existed to use alternative GDS providers in addition to the Travelport GDS beginning in 2015. The new Subscriber Services Agreement expires on December 31, 2018. Travelport will pay Orbitz Worldwide incremental benefits in 2014 and further enhanced fees in later years for each air, car and hotel segment Orbitz Worldwide books through the Travelport GDS or through Travelport's universal application programming interface. In certain cases, Orbitz Worldwide will pay a content access fee to Travelport to book a segment on a specific airline. In exchange for the enhanced payments, Orbitz Worldwide agrees under the Subscriber Services Agreement to generate a minimum specified book of business through the Travelport GDS. If Orbitz Worldwide fails to generate the minimum specified book of business through the Travelport GDS, Orbitz Worldwide will have to pay Travelport a shortfall payment. In certain circumstances, shortfall payments may not apply.

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