We are a leading travel commerce platform providing distribution, technology, payment and other solutions for the $8 trillion global travel and tourism industry.
We facilitate travel commerce by connecting travel providers, such as airlines and hotels, with online and offline travel agencies and other travel buyers in our proprietary B2B Travel Commerce Platform. We processed approximately $90 billion of travel spending in 2014.
As travel industry needs evolve, we are utilizing our Travel Commerce Platform to redefine the electronic distribution and merchandising of airline core and ancillary products, as well as extending our reach into the growing world of travel commerce beyond air, including to hotel, car rental, rail, cruise-line and tour operators. In addition, we have leveraged our domain expertise in the travel industry to design a unique and pioneering B2B payment solution that addresses the need of travel agencies to efficiently and securely make payments to travel providers globally.
Through our global reach in over 170 countries, and our distinct merchandising platform with capabilities for value-added content and an enhanced user experience, we offer a strong value proposition not only to travel providers, travel agencies, corporations and developers, but also to end travelers.
With approximately 3,400 full-time employees and 2014 net revenue of $2.1 billion, our primarily transaction-based pricing model links our revenue to global travel passenger volume rather than travel spending, thus creating a stable and recurring business model with high revenue visibility.
Headquartered in Langley, United Kingdom, Travelport is listed on the New York Stock Exchange under the symbol “TVPT”.