Travelport (NYSE:TVPT), a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the $8 trillion global travel and tourism industry, announces a new operational agreement in Bulgaria with Travelport Distribution Bulgaria.
Effective immediately, the deal marks the start of a new relationship between the two companies with the aim of further developing Travelport’s presence in the Bulgarian travel sector.
Travelport Distribution Bulgaria will distribute Travelport’s unrivalled air, hotel and car content and provide travel agencies with a complete package of leading technology including its innovative point of sale solution, Travelport Smartpoint which allows travel agents to sell more effectively and earn new revenue streams.
Travelport content includes fares from approximately 400 airlines globally, including low cost carriers; an industry-leading 650,000 hotels properties; 35,000 car rental locations; 61 cruise-lines and tour operators and 12 major rail networks worldwide. In addition, Travelport offers innovative software applications for individual and corporate clients including, for example, Travelport ViewTrip, the online resource that provides instant, real time access to itinerary details as well as to essential travel tools including passport and visa information; and TripGate, the corporate booking tool that enables corporate customers to better manage business travel in line with their company travel policy.
Kaloyan Vangelov, General Manager of Travelport Distribution Bulgaria will be responsible for the delivery of the full range of Travelport content, products and technology to Bulgarian customers. Vangelov has significant experience in the travel industry and particularly, in aviation and technology.
Kaloyan Vangelov commented: “Technology is built into the DNA of the modern tourism business and is the engine to power growth for our customers. Travelport invests in innovation, understands customers’ needs and has redefined its offering in order to address the industry’s unmet needs. Right now, in this increasingly fast-paced world, customers rely more than ever on instant access points, fast search capabilities, clarity and adaptability of processes. Travelport has all the right tools, as well as leading content, to fulfill these demands and I look forward to helping deliver these to customers.”
Marcin Pilarski, Managing Director Eastern Europe at Travelport added: “This agreement marks a new chapter for Travelport in Bulgaria and it opens up new possibilities to deliver excellent solutions to local travel agencies. Travelport has proved to be a leading travel commerce platform that plays a major role in improving the productivity of travel agencies and enables them to maintain a high level of customer satisfaction by offering the greatest choice possible.”