Travelport reported net revenue increased 4% to $2,447 million, including Travel Commerce Platform revenue growth of 5% to $2,341 million.
Airline and Hospitality Solutions revenue increased 1.2% to $269.7 million. Travel Network global bookings increased 3.7%, driven by 12.5% growth in Asia-Pacific.
Amadeus have reviewed over 1,300 startups but only invested in nine. How does it choose strategies?
Situm uses GPS to help travellers use their mobiles to find their way around airport, train stations and other locations.
Amadeus agents worldwide will be able to book Expedia Affiliate Network’s rates and availabilities at more than 350,000 hotels worldwide through Amadeus.
The three GDS giants were charged of market monopoly by 21 consumers two years ago. Travelport has reached a settlement agreement, but Sabre and Amadeus still remain defendants.
Amadeus’ revenue grew 8.9%, to €3,686.6 million, while EBITDA increased 10.1% to €1,446.3 million in the nine first months of 2017.
The digital transformation for airlines needs investment on IT infrastructure and development of time-fitting strategies. Amadeus believes that NDC's
application has to be expanded now.
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