Travelport shareholders have committed fresh capital of $50 million to help the company in its next growth phase.
The global distribution specialist's new CEO John Mangelaars laid out three strategic priorities for the company including expanding artificial intelligence (AI) capabilities and improving content supply.
Travelport is the latest to highlight its evolution into an intelligence layer supporting "AI-driven travel commerce." Recently Amadeus and Sabre have also talked up their value as part of a reshaped distribution landscape.
Travelport said it has completed a platform transformation bringing operations into a "single, modernized technology stack." It added that TripServices, its cloud-based travel API platform, is at the heart of its transformation.
"We upgraded our platform, rebuilding our Travelport TripServices API suite from the bottom up, unified our operations and delivered the performance our customers rely on," said Mangelaars, who formally takes up the CEO role on April 1.
He added that the foundation it has built will enable the company to accelerate innovation.
Travelport is also bringing AI to its agent-facing Smartpoint software. The functionality should help agents boost productivity and reduce the cost of service for customers.
The company said that it increased EBITDA growth by 12% year over year to $339 million in 2025, adding that it also captured new business and increased share.
"With a unified platform, differentiated content capabilities and a global team of experts clearly focused on AI-enabled innovation, we are well positioned to support customers, deepen strategic partnerships and drive sustainable growth as the industry evolves," Mangelaars said.