Travelport announces new long term agreement with Deutsche Bahn
Travelport (NYSE:TVPT), a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the $8 trillion global travel and tourism industry, has today announced it has reached a renewed long term agreement with Deutsche Bahn (DB), one of the world’s leading rail and logistics companies.
The two companies have enjoyed a positive working relationship for over a decade after founding a distribution and systems partnership in 2001 which led to the creation of Travelport’s successful ‘RailMaster for DB’ reservation tool. The success of RailMaster provides DB with a solid and effective presence in travel agencies and secures the sale of tickets for stations where DB has transferred sales to travel agents. The system is now deployed in 18 countries outside Germany, as far as Japan and New Zealand and is favoured by travel agencies for its user friendliness and increased productivity.
Travelport also announced last year that it is the first of any travel platform to offer a mobile ticket service for DB and the solution marked a great technological step forward for the two billion passengers that use the rail system in Germany each year.
Today’s announcement will take the partnership to the next level and will provide a foundation for further growth for DB internationally.
Andreas Fuhrmann, DB’s spokesperson for Distribution, commented: “We are excited about reaching this new agreement with Travelport which has been a valued partner of DB for many years. Travelport’s focus on delivering innovative products and services adds real value to our business and we look forward to being able to work together to further increase revenues and take advantage of new growth opportunities, especially in new countries.”
Klaus Kreher, Commercial Director for Rail at Travelport commented: “We are delighted to have extended our already great relationship with DB. We know how important it is for DB to open up new growth potential where we can help as a systems partner. Also, travel agencies require a reliable booking tool, and using RailMaster provides all the functionalities and content to make DB retailing productive.”
(press release from Monika Bulmer – Communications Executive | Eastern Europe)