{"id":16775,"date":"2023-03-10T12:00:00","date_gmt":"2023-03-10T12:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4038033_AE38033_0"},"modified":"2023-03-10T12:00:00","modified_gmt":"2023-03-10T12:00:00","slug":"travelport-acquires-deem-furthering-its-investment-in-modern-retailing-and-corporate-travel","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=16775","title":{"rendered":"Travelport Acquires Deem, Furthering its Investment in Modern Retailing and Corporate Travel"},"content":{"rendered":"<p>LANGLEY, <span class=\"xn-location\">United Kingdom<\/span>, <span class=\"xn-chron\">March 10, 2023<\/span> \/PRNewswire\/ &#8212;&nbsp;<b><a href=\"http:\/\/www.travelport.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Travelport<\/a><\/b>, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, today announced the acquisition of <b><a href=\"https:\/\/www.deem.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Deem<\/a><\/b>, a leading corporate travel management platform. Since launching the company&#8217;s next-generation marketplace, Travelport+, Travelport has continued its investment in innovation, with the acquisition of Deem being the latest example.<\/p>\n<div id=\"prni_dvprnejpgd208left\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2029686\/Travelport_Acquires_Deem.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpgd208left\" title=\"Travelport acquires Deem\" src=\"https:\/\/mma.prnasia.com\/media2\/2029686\/Travelport_Acquires_Deem.jpg?p=medium600\" alt=\"Travelport acquires Deem\" align=\"middle\"><\/a> <br \/><span>Travelport acquires Deem<\/span> <\/div>\n<p>&#8220;The game-changing acquisition of Deem&nbsp;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,&#8221; said <b><span class=\"xn-person\">Greg Webb<\/span>, CEO of Travelport<\/b>. &#8220;We&#8217;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+.&#8221;<\/p>\n<p>Previously owned by Enterprise Holdings, a leading provider of mobility solutions, Deem&nbsp;has long been recognized as the foremost modern technology for the corporate travel industry. Named one of Fast Company&#8217;s Most Innovative Companies of 2022, Deem&nbsp;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&#8217;s investment intends to further accelerate that growth on a global scale.<\/p>\n<p>&#8220;Deem is pleased to be joining the Travelport family,&#8221; said <b><span class=\"xn-person\">David Grace<\/span>, President of Deem<\/b>. &#8220;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.&#8221;<\/p>\n<p>Travelport established itself as a leader in NDC by launching the industry&#8217;s first end-to-end solution for American Airlines&#8217; NDC content. Travelport plans to build on its leadership position by implementing a swift technical integration to enable Deem&#8217;s access to NDC offers, products and services. Access to this content is becoming critical for travel agencies, corporations, and travelers, particularly those in <span class=\"xn-location\">North America<\/span> where airlines are beginning to shift some content exclusively to NDC. This acquisition will dramatically improve Deem&#8217;s speed to market, allowing it to seamlessly integrate multisource content.<\/p>\n<p>&#8220;We are committed to ensuring a smooth transition for Deem employees, partners, and customers, and look forward to welcoming them to Travelport,&#8221; <b>Webb<\/b> continued. &#8220;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.&#8221;<\/p>\n<p>For more information, please visit <a href=\"http:\/\/www.travelport.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Travelport.com<\/a>.<\/p>\n<p><b>About Travelport:<br \/><\/b><a href=\"https:\/\/www.travelport.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Travelport<\/a> is a global technology company that powers bookings for hundreds of thousands of travel suppliers worldwide. Buyers and sellers of travel are connected by the company&#8217;s next generation marketplace, Travelport+, which simplifies how brands connect, upgrades how travel is sold, and enables modern digital retailing. Headquartered in <span class=\"xn-location\">London, United Kingdom<\/span> and operating in more than 180 countries around the world, Travelport is focused on driving innovation that simplifies the complex travel ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LANGLEY, United Kingdom, March 10, 2023 \/PRNewswire\/ &#8212;&nbsp;Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, today announced the acquisition of Deem, a leading corporate travel management platform. Since launching the company&#8217;s next-generation marketplace, Travelport+, Travelport has continued its investment in innovation, with the acquisition of Deem [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":16776,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-16775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Travelport Acquires Deem, Furthering its Investment in Modern Retailing and Corporate Travel - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=16775\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Travelport Acquires Deem, Furthering its Investment in Modern Retailing and Corporate Travel - My Blog\" \/>\n<meta property=\"og:description\" content=\"LANGLEY, United Kingdom, March 10, 2023 \/PRNewswire\/ &#8212;&nbsp;Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, today announced the acquisition of Deem, a leading corporate travel management platform. 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