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Travelport Has Positive Third Quarter 2013

travelport1Travelport Limited, a leading distribution services and e-commerce provider for the global travel industry, recently released its financial results for the third quarter ended September 30, 2013.

“We have delivered five percent growth in both Revenue and Adjusted EBITDA for the quarter and year to date and we look to the future with confidence,” Gordon Wilson, president and CEO of Travelport, said.

Highlights

Travelport saw its RevPas increase by 4% in both Q3 and year to date; it grew net revenue and adjusted EBITDA by 5% in both Q3 and year to date; it delivered new Japanese GDS for AXESS/Japan Airlines; and it saw another record quarter for its fast-growing eNett virtual payments business.

Also, Travelport further established industry-leading positions in both air and hotel content. It gained significant momentum on ground-breaking air merchandising platform, adding new low cost carriers and increasing ancillary content across all regions and sustained focus on hotel content – now offering 525,000 unique properties.

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