{"id":91673,"date":"2023-03-31T15:27:01","date_gmt":"2023-03-31T15:27:01","guid":{"rendered":"https:\/\/mytravelleader.com\/?p=91673"},"modified":"2023-03-31T15:27:01","modified_gmt":"2023-03-31T15:27:01","slug":"travelport-owners-invest-200-million-in-company-to-fuel-growth","status":"publish","type":"post","link":"https:\/\/mytravelleader.com\/destinations\/travelport-owners-invest-200-million-in-company-to-fuel-growth\/","title":{"rendered":"Travelport owners invest $200 million in company to fuel growth"},"content":{"rendered":"

The owners of Travelport, Siris Capital Group and Elliott Management, have made a $200 million investment in the company to fuel growth.<\/p>\n

The investment, combined with a recent restructuring of debt, “provides Travelport with significant liquidity,” the company said in a release.<\/p>\n

Travelport CEO Greg Webb further said the investment signifies confidence in the company and the travel industry’s recovery.<\/p>\n

“The main advantage of private equity ownership is agility, which is crucial in a rapidly changing environment,” Webb said in a release. “This investment will allow Travelport to further advance its tech innovations, while fueling the company’s momentum.”<\/p>\n

Travelport, previously a publicly traded company, went private in 2019 in a $4.4 billion deal.<\/p>\n

Earlier this month, Travelport acquired corporate travel platform Deem, introduced a new retailing experience for agencies in Smartpoint Cloud and went live with American Airlines’ NDC content across its portfolio.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The owners of Travelport, Siris Capital Group and Elliott Management, have made a $200 million investment in the company to<\/p>\n","protected":false},"author":2,"featured_media":91672,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"\nTravelport owners invest $200 million in company to fuel growth - My Travel Leader<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mytravelleader.com\/destinations\/travelport-owners-invest-200-million-in-company-to-fuel-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Travelport owners invest $200 million in company to fuel growth - My Travel Leader\" \/>\n<meta property=\"og:description\" content=\"The owners of Travelport, Siris Capital Group and Elliott Management, have made a $200 million investment in the company to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mytravelleader.com\/destinations\/travelport-owners-invest-200-million-in-company-to-fuel-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"My Travel Leader\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-31T15:27:01+00:00\" \/>\n<meta name=\"author\" content=\"Kimberlee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/mytravelleader.com\/wp-content\/uploads\/2023\/03\/Travelport-owners-invest-200-million-in-company-to-fuel-growth.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kimberlee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mytravelleader.com\/destinations\/travelport-owners-invest-200-million-in-company-to-fuel-growth\/\",\"url\":\"https:\/\/mytravelleader.com\/destinations\/travelport-owners-invest-200-million-in-company-to-fuel-growth\/\",\"name\":\"Travelport owners invest $200 million in company to fuel growth - 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