In a game-changing move, global technology company Travelport has acquired Deem, a leading corporate travel management platform. This acquisition is the latest example of Travelport’s commitment to innovation and investment in the next-generation marketplace Travelport+. With the acquisition of Deem, Travelport will be able to provide award-winning, complementary tools for corporate travel that are revolutionary, modern, and easy to use.

According to Greg Webb, CEO of Travelport, the acquisition of Deem will fulfil a growing, post-pandemic need for a tight, fully-integrated corporate tool that provides access to all multi-source content, including NDC. The acquisition of Deem is set to simplify agency workflow, upgrade travel content curation and enable modern travel retailing.

Previously owned by Enterprise Holdings, Deem is widely recognized as the foremost modern technology for the corporate travel industry. Named one of Fast Company’s Most Innovative Companies of 2022, Deem has pioneered its suite of online booking and travel technology products for business travellers, travel managers, travel-management companies, and suppliers. With Travelport’s investment, Deem aims to accelerate its growth on a global scale.

David Grace, President of Deem, expressed his pleasure in joining the Travelport family and praised the growth and success that Deem has achieved in recent years. Grace also highlighted that the acquisition by Travelport will enable a strong future of global growth for Deem and help accelerate the delivery of travel management solutions in a rapidly evolving industry.

Travelport’s leadership position in NDC has been established by launching the industry’s first end-to-end solution for American Airlines’ NDC content. The company plans to build on its leadership position by implementing a swift technical integration to enable Deem’s access to NDC offers, products, and services. Access to this content is becoming critical for travel agencies, corporations, and travellers, particularly those in North America, where airlines are beginning to shift some content exclusively to NDC. This acquisition will dramatically improve Deem’s speed to market, allowing it to seamlessly integrate multisource content.

Webb assured a smooth transition for Deem employees, partners, and customers and expressed his excitement about welcoming them to Travelport. The main goal of Travelport’s customers has been to have a one-stop source for all content on a single corporate tool. Together with the Deem team, Travelport aims to deliver that.

Written by: Don Power

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