July 23, 2014 12:40 PM ET

Internet Software and Services

Company Overview of Travelport Limited

Company Overview

Travelport Limited provides aggregation, search, and transaction processing services to travel providers, and online and offline travel agencies worldwide. It allows travel agencies to search, compare, process, and book itinerary and pricing options across various travel providers; and hosts mission critical applications, and provides business and data analysis solutions to airlines. The company connects travel providers with travel agencies in approximately 170 countries to distribute supplier inventory that is aggregated from airlines, hotels, car rental companies, rail networks, cruise and tour operators, and destination service providers. It provides travel distribution services to appro...

300 Galleria Parkway

Atlanta, GA 30339

United States

Founded in 1971

3,500 Employees

Phone:

770-563-7400

Key Executives for Travelport Limited

Chief Executive Officer
Age: 47
Chief Financial Officer and Executive Vice President
Age: 50
Chief Executive of IT Services & Software
Chief Executive Officer of Consumer and New Ventures
President of Orbitz Worldwide and Chief Financial Officer Orbitz Worldwide
Age: 53
Compensation as of Fiscal Year 2014.

Travelport Limited Key Developments

Travelport Signs New Long Term Agreement with Hilton

Travelport has signed a new, multi-year, global full content agreement with Hilton Worldwide. Building on its long standing relationship with the US-headquartered hospitality group, the renewed the company agreement ensures that Hilton's 4,112 hotels, resorts and timeshare properties will continue to be made available through the company's travel commerce platform to travel agency customers worldwide.

Travelport Limited Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Travelport Limited reported consolidated unaudited earnings results for the first quarter ended March 31, 2014. Net revenue of $572 million for the first quarter of 2014 was $24 million, 4% higher than the first quarter of 2013, and adjusted EBITDA of $151 million was $10 million, 7% higher than the first quarter of 2013. Adjusted net income of $3 million decreased from $14 million for the first quarter of 2014 primarily due to a $13 million increase in interest costs. Operating income was $75 million against $69 million a year ago. Loss before income taxes and equity in losses of investment in Orbitz Worldwide was $13 million against $1 million a year ago. Net loss attributable to the company was $29 million against $10 million a year ago. Net cash provided by operating activities was $23 million against net cash used in operating activities of $21 million a year ago. Property and equipment additions were $26 million against $23 million a year ago. Capital expenditures on property and equipment additions were $26 million against $23 million a year ago. Adjusted free cash flow was $4 million against $31 million a year ago.

Travelport Limited to Report Q1, 2014 Results on May 08, 2014

Travelport Limited announced that they will report Q1, 2014 results on May 08, 2014

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