InterGlobe Technology Quotient (‘ITQ’) is the official distributor and exclusive South Asian franchisee of Travelport, one of three major Global Distribution System (‘GDS’) players.
GDS systems form the backbone of the global travel industry by enabling ticketing and transactions between travel service providers, such as airlines and hotels, and travel agents (including online travel agents). ITQ provides Travelport travel technology solutions to over 7,000 travel agents across 500 cities in five Asian countries, predominantly in India.
The Indian aviation market is among the world’s largest and fastest growing aviation markets with an estimated CAGR of 20% from 2015 through 2018 (FYE March 31). India will soon overtake Germany to become the second largest GDS market in the world and India is currently Travelport’s fastest growing GDS market.
We believe that GDS systems will continue to remain a critical part of the travel industry infrastructure and that ITQ is in a strong position to capitalize on the meaningful runway ahead for the Indian air travel industry.
