Amadeus has credited its acquisition of Navitaire as contributing to a 14% upswing in revenue during 2016.
The distribution and IT giant posted a €4.473 billion figure for full year, with EBITDA coming in at €1.7 billion over the same period - an increase of 16% year-on-year.
The total number of passengers board through both the ALTEA platform and Navitaire system soared by 85% to 1.383 billion, mostly due to the addition of the latter service to the suite of Amadeus products.
The company claims to have a 43.2% market share in travel agency bookings following a 6% increase to 534.9 million during 2016.
CEO and president Luis Maroto says he expects Amadeus a "trend of new contracts we have seen so far in 2017", coupled with a moderate pick-up in the wider global economy, will see it forecast a "solid financial year" for the next 12 months.
"The solid performance in the distribution segment was also supported by new contracts of our merchandising solutions.
"At the end of last year, 66% of the global bookings made through the Amadeus system were eligible to carry a merchandising item.
"More than 120 airlines had contracts for Amadeus Airlines Ancillary Services by the end 2016, of which more than 90 had implemented the solutions by the close of the year."
The company's distribution business brought in €2.925 billion during 2016 - a 6.8% climb on the previous year.
On a region-by-region basis, only central, eastern and southern Europe saw a decline in travel agency bookings, falling by 2.5% from 2015 to 44.5 million.
The largest region, Western Europe, increased by 3.7% to 202.1 million and North America hit 90.8 million after a 5.7% increase.
Interestingly, Amadeus says it has identified a number of sectors as growth opportunities.
Alongside existing efforts in the areas of merchandising and low-cost carriers, "destination content" (such as tours and activities) and ground transportation were both signalled as ways of expanding the company.
The first implementation of its major IHG project is due to start by the end of this year, Maroto says.
Talking to analysts on the earnings calls, Maroto says it sees hospitality reservation platforms as another key strategy item and is talking to other chains.
The company's fledgling payments business comes under the same umbrella of growth opportunities outside of the core distribution and airline IT segments of the business.
Regarding the $830 million acquisition of Navitaire, Amadeus says:
"As we enhance the Navitaire platform with Amadeus functionality, including more sophisticated distribution capabilities, we will better support the hybrid carriers’ strategy and business needs, and therefore support the retention of Navitaire customers even as their business model evolves.
"This will bring upselling opportunities through the sale of Amadeus components to Navitaire customers."