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Travel & Tourism industry news by Greek Travel Pages (gtp)

Amadeus Acquires TravelClick to Accelerate Expansion in Hospitality Sector

Amadeus has agreed to acquire global hospitality provider TravelClick from Thoma Bravo, a leading private equity investment firm, for USD $1.52 billion.

Southwest Airlines Completes Transition to Amadeus Altéa Reservation System

Southwest Airlines and Amadeus IT Group recently announced the American carrier’s transition to the Amadeus Altéa Passenger Service System (PSS).

Southwest Airlines, Amadeus Sign Contract For Single Reservation System

Southwest Airlines and Amadeus IT Group recently announced that they have entered into a joint contract for Amadeus’ Altéa reservations solution that will support the carrier’s domestic service.

Amadeus Announces Results For First Half Of 2013

Amadeus recently announced year-on-year financial and operating results for the first six months of 2013.
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Amadeus Announces Results For First Quarter Of 2013

Amadeus issued its first quarter earnings results and reported that adjusted profit for the first quarter increased five percent to reach 176.3 million euros.

Amadeus Announces New President

Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, announced last month that Luis Maroto, former Deputy CEO of Amadeus, has replaced David V. Jones as President and CEO of the company.