Webb said Travelport has been “laser-focused” on investing in technology innovation, and its Travelport+ platform has simplified the agency workflow, upgraded how travel content is curated and enabled modern travel retailing. With the acquisition, he said, “Travelport will provide corporate travel with award-winning, complementary tools that are as revolutionary, modern and easy to use as Travelport+.”
Previously owned by Enterprise Holdings, Deem, according to an announcement, has pioneered its suite of online booking and travel technology products for business travelers, travel managers, travel-management companies and suppliers, making the corporate travel experience more efficient for all. Deem has continued to grow its share of the corporate travel business, said the announcement, and Travelport’s investment intends to further accelerate that growth on a global scale.
David Grace, president of Deem, said the deal will enable a strong future of global growth for Deem “and help accelerate the delivery of travel management solutions in a rapidly evolving industry.”

Having a one-stop source for all content on a single corporate tool has been the main goal of Travelport’s customers for a long time, said Webb, adding, “together with the Deem team, Travelport will deliver that.”