The Singapore government’s decision to invest US$ 225 million in Travelport for a 7% stakes seems to be completely out of the blue and has taken travel industry analysts by surprise. The Government of Singapore Investment Corp (GIC) has been a traditionally conservative portfolio management company managing more than a billion dollars owned and run by Singapore elite including the ruling family.... 

Proprietary Data Show Amadeus, Sabre, Travelport Processed More than 1.1 Billion Worldwide Transactions in 2008 SHERMAN, Connecticut, January 14 – Travel industry research authority PhoCusWright released the first-ever comprehensive study of the Global Distribution Systems (GDSs) that provide much of the electronic infrastructure behind airline, hotel, car rental, and other travel transactions....