IATI to Power International Expansion with Travelport

iati-logo

MURATPASA, TURKEY –November 1, 2017 –Travelport (NYSE:TVPT), a leading travel commerce platform, has today announced the signing of a new, extended agreement with IATI Travel, based in Turkey.

The new multi-year agreement sees Travelport as its preferred travel commerce platform, giving access to global travel provider content and industry leading technology to IATI worldwide. Travelport will support its operations while extending the geographical reach of the partnership to cover Germany, Ukraine, Russia, Kazakhstan, Azerbaijan, Iran, Saudi Arabia and Pakistan.

The company’s high performance is powered by Travelport Universal API (uAPI) technology. This aggregates the most comprehensive content from multiple sources, including national and low-cost carriers, branded fares and ancillary services, as well as unique hotel properties, rail and car rental. This provides IATI with access to both unrivalled content and functionality through a single connection.

Levent Aydın, Chairman of the Board, IATI, said “We are impressed by Travelport’s customer-driven solution which provides highly efficient tools for our agents. We are pleased to have Travelport as our preferred technology partner and have great confidence in its extensive reach and expertise, so we can further focus on expanding our business across the globe.”

Rabih Saab, President and Managing Director, Europe, Africa, Middle East and South Asia, Travelport added: “We are delighted to support the fastest growing OTA in Turkey as it continues its global expansion. Our partnership with IATI has flourished since 2012 and we are looking to further power its success and expansion across new territories of Germany, Ukraine, Russia, Kazakhstan, Azerbaijan, Iran, Saudi Arabia and Pakistan.”

About IATI (www.iati.com)

IATI is the leading online travel platform in Turkey, Europe, Russia, CIS and Middle East, actively used by more than 20,000 agents worldwide with its popular B2B platform, Aerobilet – B2C platform and HWEB – dynamic packaging engine for hotels. IATI is a Fortune 500 country in Turkey, and the fastest growing tourism company in the sector. IATI’s 2015 expected revenue is over 500 million USD.

About Travelport

Travelport is a Travel Commerce Platform providing distribution, technology, payment, mobile and other solutions for the global travel and tourism industry.  With a presence in approximately 180 countries, approximately 4,000 employees, our 2016 net revenue was over $2.3 billion.

Travelport is comprised of:

  • A Travel Commerce Platform through which it facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel marketplace.  Travelport has a leadership position in airline merchandising, hotel content and rate distribution, mobile travel commerce and a pioneering B2B payment solution that addresses the needs of travel intermediaries to efficiently and securely settle travel transactions.
  • Technology Services through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions, enabling them to focus on their core business competencies and reduce costs.

Travelport is headquartered in Langley, U.K.  The Company is listed on the New York Stock Exchange and trades under the symbol “TVPT”. Its GDS division is headquartered in  Atlanta, Georgia.

###

Comments are closed