Travelport acquires Hotelzon
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Travelport has acquired B2B hotel distribution technology company Hotelzon to boost its ‘Beyond Air’ content.
The Langley-based travel technology firm has taken over Hotelzon from former owner Esa Karppinen for an undisclosed sum and will continue to operate under its current brand.
Its CEO Jani Kaskinen will remain in the role and report to Niklas Andreen who heads up Travelport’s global hospitality, car and advertising business.
Travelport aims to help travel agent and travel management companies (TMCs) draw in more business travel bookings with the acquisition by providing more hotel content and a better booking tool. It will also expand booking options to include hotel-only.
In total the deal will add 30,000 hotels to Travelport’s platform particularly many independent and small chain properties in Europe that have not appeared before.
“This acquisition is part of our realising our strategic plan to redefine travel commerce, with a particular focus on growing in both the hotel and corporate travel space. As part of our Beyond Air vision, Hotelzon is the perfect complement to our existing capabilities with the large, global chain hotels which we are progressively connecting to our system via direct XML capabilities and our aggregation of unmatched retail rates through our Rooms and More offering based on meta search technology,” said Gordon Wilson, president and CEO of Travelport. “With Hotelzon, we will now be able to offer special corporate negotiated rates and other offerings from independent hotels to corporations and their travelllers as well as ensure a broader capability in the hotel distribution space for our TMC partners.”
Jani Kaskinen, Hotelzon’s CEO, added: “We firmly believe that with Travelport as our parent, we will benefit from their keen strategic focus and investment in both the hotel and corporate sectors. This, in turn, will enable us to further enhance our product and service offering as well as extend the range of international hotel content we are able to offer Hotelzon’s clients. It also gives Hotelzon’s independent hotel providers extensive new international reach through Travelport’s unsurpassed global network. ”
Travelport launched its Rooms and More product after acquiring Sprice.com in 2010 and now includes around 600,000 properties.
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