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Travelport Acquires Mobile Travel Technologies Ltd (MTT)
 
 
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Latest investment made to spearhead Travelport’s mobile growth strategy

Langley, UK: July 7, 2015: Travelport Worldwide Limited (NYSE: TVPT), a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the global travel and tourism industry, has acquired Mobile Travel Technologies Ltd (MTT), a private company based in Dublin, Ireland.

MTT provides an industry-leading mobile travel platform and product set that allows airlines, hotels, corporate travel management companies and travel agencies to engage with their customers through sophisticated, tailored mobile services including apps, mobile web and intelligent mobile messaging. MTT’s mobile apps and services are then delivered, under the customer brand, to smartphones, tablets and wearable devices, including the Apple Watch.

Its clients include some of travel’s most progressive companies such as easyJet, Singapore Airlines, Saudia, BCD Travel, Capita Travel and Events and the LATAM Airlines Group.

MTT works with its clients to create mobile applications and intelligent mobile services that deliver a highly customer-centric experience. With its mobile travel platform and product set, it can enable travel companies to quickly launch high-end, engaging mobile services in a cost effective manner. Services include mobile search, booking and check-in as well as products such as MTT Engage, which provides real-time, personalized messages and offers to the traveler, and MTT Concierge Live, which delivers a “day of travel” experience via a traveler’s mobile device including live, contextual travel updates and airport guidance. As well as receiving many industry accolades, MTT was recently featured in Gartner’s “Cool Vendors in Travel and Hospitality, 2015”¹ report.

Numerous recent industry research studies into the mobile commerce sector, indicate that the sector is positioned for further rapid growth. In 2014, mobile commerce accounted for around one third of all e-commerce transactions globally (source: Criteo); air ticket transactions are predicted to grow from just under 200 million in 2014 to over 540 million by 2018, with transaction value increasing from US$52 billion to US$145 billion for the same period (source: Juniper). Similarly, in the US alone, the transaction value of hotel bookings made using mobile devices is expected to grow from US$2.7 billion in 2014 to US$5.4 billion in 2016, reflecting a growth rate of more than 100% in just two years (source: Juniper).

For media enquiries, please contact:
Kate Aldridge, VP Corporate Communications
Tel: +44 (0)1753 288720
Mob: +44 (0)7921 698757
Email: kate.aldridge@travelport.com

Press release posted on: Jul 7 2015

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CategoryDescription
Software Industry
 
http://www.travelport.com/
Country: UAE

Travelport is a broad-based business services company and a leading provider of critical transaction processing solutions to companies operating in the global travel industry.

With a presence in 160 countries, approximately 5,400 employees and reported 2009 revenues of $2.2 billion, Travelport is comprised of the global distribution system (GDS) business that includes the Galileo and Worldspan brands; GTA, a leading global, multi-channel provider of hotel and ground services; and Airline IT Solutions, which hosts mission critical applications and provides business and data analysis solutions for major airlines.

Travelport also owns approximately 48% of Orbitz Worldwide (NYSE: OWW), a leading global online travel company. Travelport is a private company owned by The Blackstone Group, One Equity Partners, Technology Crossover Ventures, and Travelport management.

http://twitter.com/Travelport
http://www.youtube.com/travelporttube

For media enquiries, please contact:
Alana Ngoh
PR Manager, Middle East
Travelport
Tel: +971 4 607 0548
Mobile: + 971 50 810 0972
E-mail: alana.ngoh@travelport.com













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