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| General Information |
| Business: |
We are a leading travel commerce marketplace providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry. We facilitate travel commerce by connecting the world’s leading travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in our proprietary B2B travel commerce marketplace (which we refer to as our Travel Commerce Platform). We processed over $85 billion of travel spending in 2013. Our geographically dispersed footprint allows travel providers to generate high yielding and incremental global demand for their perishable and capital intensive travel inventory from customers living in non-domestic, or away, markets, in addition to serving their domestic, or home, markets. As travel industry needs evolve, we are utilizing our Travel Commerce Platform to redefine the electronic distribution and merchandising of airline core and ancillary products, as well as extending our reach into the growing world of travel commerce beyond air, including to hotel, car rental, rail, cruise-line and tour operators. In addition, we leveraged our domain expertise in the travel industry to design a unique and pioneering B2B payment solution that addresses the need of travel agencies to efficiently and securely make payments to travel providers globally. Through our global reach in over 170 countries, distinct merchandising platform with capabilities for value-added content and enhanced user experience, we offer a strong value proposition not only to travel providers, travel agencies and corporations, but also to end travelers. Our primarily transaction-based pricing model links our revenue to global travel passenger volume rather than travel spending, thus creating a stable and recurring business model with high revenue visibility. |
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| Industry: |
TRANSPORTATION SERVICES |
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| Employees: |
4,700 |
Founded: |
2006 |
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| Contact Information |
| Address: |
300 Galleria Parkway, Atlanta, GA 30339, US |
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| Financial Information |
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| Revenues: |
$ 2114.0 mil (last 12 months) |
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| Net Income: |
$ -102.0 mil (last 12 months) |
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| IPO Profile |
| Symbol: |
TVPT |
| Shares (millions): |
30.0 |
| Price Range: |
$16.00 - $16.00 |
| Est.$ Volume |
$ 480.0 mil |
| Manager / Joint Managers |
Morgan Stanley/ UBS Securities/ Credit Suisse/ Deutsche Bank Securities |
| Co Managers |
Cowen and Company/ Evercore Group/ Jefferies/ Sanford C. Bernstein/ William Blair |
| Expected to Trade |
9/25/2014 |
| Status |
Priced |
| SCOOP RATING |
Available only to Subscribers |
| RATING CHANGE |
Available only to Subscribers |
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