spendmatters
 

February 09, 2012

 

Rearden's Travelport Partnership: History, Context and the Future of Travel Procurement (Part 3)

Spend Matters would like to welcome Richard Lee, the co-author of this post. Richard is a partner in Spend Matters Group, an M&A advisory firm serving the software, services, outsourcing and travel sectors. He is the former North America corporate development lead for Orbitz and has extensive strategy and finance experience in the travel industry. Jason and Richard have worked together for years, and this is their first time jointly covering the travel and T&E market. Look for greater research collaboration between the two on Spend Matters in the future.

In the first two posts in this series (Part 1 and Part 2 ), we provided background on the recently announced Rearden/Travelport deal. We also offered up a bit of history on the evolution and transformation of online travel agencies (OTA), including their migration from serving just the business to consumer world into serving the B2B community as well. In this final post, we'll provide a 30,000 foot fly-over of the business travel market based on the Rearden/Travelport deal (though look for regular and continued expanded coverage of this area on Spend Matters going forward) and we'll offer up some additional analysis of Rearden's prospects with Travelport. We'll also cover our perspective on current unmet needs in business travel from a procurement standpoint. With that, let's begin.

[More]


Commodity Edge Conference

Rearden's Travelport Partnership: History, Context and the Future of Travel Procurement (Part 2)

Spend Matters would like to welcome Richard Lee, the co-author of this post. Richard is a partner in Spend Matters Group, an M&A advisory firm serving the software, services, outsourcing and travel sectors. He is the former North America corporate development lead for Orbitz and has extensive strategy and finance experience in the travel industry.

In the first post in this series, we covered the basics of Rearden's recent partnership announcement with Travelport. Today we'll look at some of the needs of B2B travel, as well as how Rearden is addressing the market with their solution. We'll conclude with a final post in this series next week by looking more closely at Rearden's relationship with Travelport and their overall direction in the market. And we can't resist tossing in our perception of what we believe are unmet travel needs from a cost management and cost reduction standpoint today.

[More]

Rearden's Travelport Partnership: History, Context and the Future of Travel Procurement (Part 1)

Spend Matters would like to welcome Richard Lee, the co-author of this post. Richard is a partner in Spend Matters Group, an M&A advisory firm serving the software, services, outsourcing and travel sectors. He is the former North America corporate development lead for Orbitz and has extensive strategy and finance experience in the travel industry. Jason and Richard have worked together for years, although this is their first time jointly covering the travel and T&E market. Look for greater research collaboration between the two on Spend Matters in the future.

Last week, Rearden Commerce unveiled a new partnership with Travelport, an announcement that in our view represents a critical stamp of approval on the vendor's disruptive business model within the travel market. Because Travelport has competitive solutions to Rearden that it most certainly stands to achieve greater revenue -- if not higher margin -- on it's clear they decided to pursue a partnership out of the market need to remain competitive from a solution perspective for business clients that require more than a simple booking tool.

[More]

About Us | Advertising and Sponsorships | Advisory Services | Contact Us    © 2004-2012 Azul Partners, Inc. and Spend Matters. All Rights Reserved.