LANGLEY, England, July 28, 2015 /PRNewswire/ --
Travelport (NYSE:TVPT), a leading Travel Commerce Platform has today announced that Lufthansa is the latest participant in its Rich Content and Branding solution, the industry-leading merchandising technology for airlines.
Travelport Rich Content and Branding enables airlines to market and retail their products more effectively, fully displaying all of their fares, ancillaries and brand proposition to travel agencies. It includes rich product descriptions and graphics, optional or ancillary products for sale, including fares families, as well as "the next product/price point up" offers to encourage more upselling.
The industry-leading technology continues to attract the world's leading airlines, both national and low cost carriers, from all major geographies. Over 110 airlines have now signed up with over 70 airlines already live.
The Lufthansa Group is an aviation group with global operations and a total of almost 500 subsidiaries and associated companies.
Jörg Hennemann, Senior Vice President Automated Sales, Pricing & Distribution at Lufthansa, said: "Travelport's Rich Content and Branding solution will allow us to deliver additional customized content to the screens of travel agents around the world. In collaboration with Travelport, we can now provide travel agents and travelers with a more detailed understanding of Lufthansa's services, fares and ancillaries. With regards to the implementation of our European Fare structure, passengers can now always choose the exact fare that best meets their needs and only pay for the services they actually want to use."
Derek Sharp, Travelport's Senior Vice President and Managing Director, Air Commerce, added: "It's fantastic news that Lufthansa shares our vision to offer travel agents visually-rich and interactive content so they can sell even more effectively to travellers. With our unique merchandising solutions airlines can market themselves in an individual way which sets Travelport apart from our competitors."
About Travelport (http://www.travelport.com)
Travelport is a Travel Commerce Platform providing distribution, technology, payment and other solutions for global travel and tourism industry. With a presence in over 170 countries, over 3,500 employees and 2014 net revenue of over $2.1 billion, Travelport is comprised of:
- A Travel Commerce Platform through which it facilitates travel commerce by connecting the world's leading travel providers with online and offline travel buyers in a proprietary business to business ("B2B") travel marketplace. In addition, Travelport has leveraged its domain expertise in the travel industry to design a pioneering B2B payment solution that addresses the needs of travel intermediaries to efficiently and securely settle travel transactions.
- Technology Services through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions, enabling them to focus on their core business competencies and reduce costs.
Travelport is headquartered in Langley, UK. The Company is listed on the New York Stock Exchange and trades under the symbol "TVPT".