Travelport eyes corporate market
Aug 06, 2014
Travelport is looking to increase its presence in the corporate market. The company said that goal was behind two recent acquisitions: Hotelzon, a B2B hotel booking platform aimed at corporate customers, and this Locomote, a technology company that has developed a travel management platform with the mobile market in mind.
“Every corporate client and travel management company I’ve talked with says there is huge leakage in hotel bookings,” said Travelport CEO Gordon Wilson, who spoke with Travel Market Report after Travelport reported its second-quarter earnings.
A corporation doesn’t always use major chain properties, he said. It may, for example, use an independent property located next to one of its factories, and independents are less likely to participate in the GDS channel.
That’s where Hotelzon, which has extensive independent hotel content, comes in. “We’ve plugged that gap,” Wilson said.
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