Travelport Focuses On Egypt As A Strategic Investment Region By Unveiling A Robust Business Strategy

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  • Travelport unveils investment plan to boost Egypt’s travel industry
  • GDS provider points to predicted industry recovery and gathers trade leaders in Cairo to reinforce commitment to Egypt’s travel sector

Cairo, Egypt, 2013-06-06 — /travelprnews.com/ — Travelport – the leading provider of critical transaction processing solutions and data for the global travel industry – gathered industry leaders in Cairo recently to unveil its latest investment plans, as it pointed to predicted recovery in the country’s tourism sector.

According to a study co-sponsored by Travelport and conducted by market research company Pho-CusWright, the travel industry in Egypt is set to start recovering in the near future, with the tourism sector predicted to grow from $5.1bn in 2012 to $5.9bn in 2014.

As such, Travelport has emphasised its focus on Egypt as a strategic investment region by unveiling a robust business strategy for the country based on Travelport’s four pillars of investment – Unrivalled Content, Intelligent Search, Empowered Selling Experience and Open Platform.

Specifically, in the next 18 months Travelport will:

  1. Introduce a range of new products to Egypt’s travel trade. Travelport has today announced the forthcoming release of two products – Document Producer Plus, a product that allows subscribers to produce numerous documents from a PNR, and Rapid Reprice, Travelport’s unique revenue management tool. Since the start of 2013, Travelport has also launched a number of other new solutions in Egypt, including Agentivity, Travelport’s business intelligence suite, and Travelport Merchandising Platform – pioneering technology for airline distribution.
  2. Continue to enhance customer service delivery – Travelport already offers excellent service to customers in Egypt through a dedicated 24/7 Helpdesk, on-site training and dedicated account managers. Later this year, Travelport will also start offering a ‘floor walker’ service to new customers to insure smooth migration to Travelport systems.
  3. Focus on mobile and online technologies. According to the Travelport co-sponsored research, Egypt has some of the highest mobile web penetration in the world, with estimated 71m mobiles phones for a population of 81m (in 2012). Travelport will therefore continue to invest in mobile and online technologies to complement existing products such as Travelport Mobile Agent, which enables Travelport-connected agents to gain access to Galileo desktop from their smartphone, and Travelport View Trip Mobile, the itinerary management tool.

“Travelport has a long history in Egypt spanning over 20 years, and this remains a strategic investment region for us,” said Tarek Bassiouny, General Manager, Egypt, Travelport. “In the recent years, Travelport has made a significant investment in Egypt in terms of products, services, and our team – and we remain positive about the future of the local travel industry.

“Travelport will therefore continue to invest in Egypt through a solid product stagey in 2013/14, continuing to address the evolving needs of our customers. Our team in Egypt is highly motivated and committed, and we are here to support the local industry now and for years to come.”

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About the research
The study, called “Assessing the Online Travel Opportunity: The Middle East”, was carried out across 10 Middle East Countries involving UAE, Saudi Arabia, Egypt, Jordan, Lebanon, Syria, Kuwait, Bahrain, Qatar and Oman and looks at online travel trends in the region between 2010 and 2014. Over 50 in-depth executive interviews were carried out with intermediaries (travel agencies and GDSs), travel suppliers (air, car, hotel), technology providers and media sites.

About Travelport (www.travelport.com)
Travelport is a leading provider of critical transaction processing solutions and data to companies operating in the global travel industry.

With a presence in over 170 countries, approximately 3,500 employees and 2012 net revenue of more than $2.0 billion, Travelport is comprised of the global distribution system (“GDS”) business, which includes the Galileo and Worldspan brands, its Airline IT Solutions business and a majority joint venture ownership in eNett.

Headquartered in Atlanta, Georgia, Travelport is a privately owned company.

Follow Travelport on Twitter at http://twitter.com/Travelport

Media Contact:

Baiba Upmale
PR Manager, Middle East and Africa
Travelport
Tel: +971 4 3614836
Mob: +971 (0)566569535
Email: baiba.upmale@travelport.com