Travelport buys into corporate travel platform Locomote
Travelport‘s Beyond Air investment push continues – buying a 49% stake in Australia-based travel management platform Locomote.
Terms of the deal were not disclosed.
Locomote is a three-and-a-half year old technology startup created by the Fastuca brothers (chief information officer Ross and chief operating officer David) which includes a corporate booking tool and expense management system.
Targeted at corporations, Locomote has already attracted a number of high profile customers including ANZ Bank, World Vision and MediBank.