Travelport unveils investment plans in Egypt
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Travelport recently gathered industry leaders in Cairo to unveil its investment plans, as it pointed to predicted recovery in the country’s tourism sector.
According to a study co-sponsored by Travelport and Pho-CusWright, the travel industry in Egypt is set to start recovering in the near future, with the tourism sector predicted to grow from US$5.1bn in 2012 to US$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. Specifically, in the next 18 months Travelport will introduce a range of new products to Egypt’s travel trade such as two new products – Document Producer Plus and Rapid Reprice the revenue management tool. The other aspects will be enhanced customer service and focus on mobile and online technologies. The company will continue to invest in mobile and online technologies to complement existing products such as Travelport Mobile Agent.
Tarek Bassiouny, general manager, Egypt, Travelport said: “In 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.”
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