Tourexpi
Since launching the company's next-generation marketplace, Travelport+,
Travelport has continued its investment in innovation, with the acquisition of
Deem being the latest example.
"The game-changing acquisition of Deem by Travelport will
fulfill a growing, post-pandemic need for a tight, fully-integrated corporate
tool that will provide access to all multi-source content, including NDC,"
said Greg Webb, CEO of Travelport. "We've been laser-focused on
investing in technology innovation, and Travelport+ has simplified the agency
workflow, upgraded how travel content is curated, and enabled modern travel
retailing. Now with the acquisition of Deem, Travelport will provide corporate
travel with award-winning, complementary tools that are as revolutionary,
modern, and easy-to-use as Travelport+."
Previously owned by Enterprise Holdings, a leading provider of mobility
solutions, Deem has long been recognized as the foremost modern technology
for the corporate travel industry. Named one of Fast Company's Most Innovative
Companies of 2022, Deem has pioneered its suite of online booking and
travel technology products for business travelers, travel managers,
travel-management companies and suppliers, making the corporate travel
experience more efficient for all. Deem has continued to grow its share of the
corporate travel business, and Travelport's investment intends to further
accelerate that growth on a global scale.
"Deem is pleased to be joining the Travelport family,"
said David Grace, President of Deem. "We are proud of the growth and
success Deem has achieved in recent years. The acquisition by Travelport will
enable a strong future of global growth for Deem and help accelerate the
delivery of travel management solutions in a rapidly evolving industry. We want
to express our sincere appreciation to our customers, as well as recognize the
hard work and dedication of our Deem team members."
Travelport established itself as a leader in NDC by launching the
industry's first end-to-end solution for American Airlines' NDC content. Travelport
plans to build on its leadership position by implementing a swift technical
integration to enable Deem's access to NDC offers, products and services.
Access to this content is becoming critical for travel agencies, corporations,
and travelers, particularly those in North America where airlines are
beginning to shift some content exclusively to NDC. This acquisition will
dramatically improve Deem's speed to market, allowing it to seamlessly
integrate multisource content.
"We are committed to ensuring a smooth transition for Deem
employees, partners, and customers, and look forward to welcoming them to
Travelport," Webb continued. "Having a one-stop source for
all content on a single corporate tool has been the main goal of our customers
for a long time. Together with the Deem team, Travelport will deliver
that."
For more information, please visit Travelport.com.
Image Credit: ©
Travelport
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