Travelport (NYSE:TVPT), a leading Travel Commerce Platform, today announced a new, long-term renewal agreement with Enterprise Holdings, the world’s largest car rental company, as measured by fleet and revenue. Enterprise Holdings owns the Enterprise Rent-A-Car, Alamo Rent A Car, and National Car Rental brands, and through an integrated global network of independent regional subsidiaries and franchises operates at more than 9,600 fully staffed airport and neighborhood locations in more than 85 countries.
“The ongoing availability of the Enterprise, Alamo, and National brands to Travelport’s car products solutions gives our travel agency customers unparalled connectivtity to the extensive network of locations and vehicles offered through Enterprise Holdings’ brands. Agents also will experience increased booking efficiencies from booking Enterprise, Alamo, and National content within Travelport’s industry leading Travelport Smartpoint desktop solution or through our industry leading API solutions,” said Niklas Andreen, Travelport’s Senior Vice President and Managing Director, Hospitality.
As part of the agreement, Enterprise Holdings will continue to have access to the Travelport Travel Commerce Platform, Travelport’s industry-leading technologies, and to Travelport’s innovative distribution, booking, and digital media solutions. Enterprise Holdings will be able to take advantage of Travelport technologies that allow Enterprise Holdings to optimize opportunities for its fleet of approximately two million vehicles.
The new agreement strengthens Travelport’s leadership position as one of the world’s leading B2B commerce platforms of car rental content, connecting travel agents to a world of travel choice from over 36,000 car rental locations globally and more than 91 million car rental days annually.
About Travelport Travelport is a Travel Commerce Platform providing distribution, technology, payment, mobile and other solutions for the global travel and tourism industry. With a presence in over 180 countries, approximately 3,700 employees, our 2015 net revenue was over $2.2 billion.
Travelport is comprised of:
* A Travel Commerce Platform through which it facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business to business (B2B) travel marketplace. Travelport has a leadership position in airline merchandising, hotel content and rate distribution, mobile travel commerce and a pioneering B2B payment solution that addresses the needs of travel intermediaries to efficiently and securely settle travel transactions.
* Technology Services through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions, enabling them to focus on their core business competencies and reduce costs.
Travelport is headquartered in Langley, UK. The company is listed on the New York Stock Exchange and trades under the symbol “TVPT”.