Travelport CEO: Why We Decided to IPO

The transcript discusses a company's strategy to reduce debt and leverage IPO proceeds for further financial stability. It highlights the expansion of their travel commerce platform, including increased hotel bookings and a new payment capability, ENET. The company serves both online and traditional travel agencies. After a previous failed attempt, the company is now ready to go public, having shown consistent revenue and EBITDAR growth. Despite market volatility, the IPO is priced high, with significant revenue from international markets.

What is the primary focus of the company's business growth strategy?

• Expanding the travel commerce platform

• Reducing the number of hotel properties

• Focusing solely on domestic markets

• Increasing debt levels

Which new capability has the company added to its platform?

• A customer loyalty program

• A new booking system

• ENET payment capability

• A travel insurance feature

Why did the company scrap its first attempt to go public?

• Due to internal management issues

• Because of a lack of investor interest

• Because of a failed merger

• Due to the 2010 European debt crisis

What has contributed to the company's decision to go public now?

• Consistent revenue and EBITDAR growth

• A decline in market competition

• A new partnership with Expedia

• A recent acquisition of a competitor

What percentage of the company's revenue comes from outside the U.S.?

• 75%

• 68%

• 50%

• 90%