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News from Members Bondoc si Asociatii on Travelport’s Side in Hotelzone Acquisition

Bondoc si Asociatii on Travelport’s Side in Hotelzone Acquisition

by Bondoc & Asociatii July 9, 2014

Lawyers of Bondoc si Asociatii were involved in one of the most important international transactions in the area of travel commerce, through which Travelport purchased Hotelzone. The recently completed transaction will strengthen the American purchaser’s position in Europe and will bring for it an additional presence in Romania.

Travelport American Group, a world leader in the area of travel commerce, announced the purchase of the B2B Hotelzone hospitality technology provider. Travelport provides systems intended to distribution, technologies, payments and other operations in the global sector of travel and tourism services, a sector the global value of which is estimated to USD 7,000 billion.

This purchase is part of a broader strategy seeking to define and consolidate the offer for travel management corporations and companies, in an attempt to simplify booking with independent hotels for business travelers.

Bondoc si Asociatii SCA is a leading law firm, which has a formal alliance with White & Case LLP regarding Romania. While providing legal advice on Romanian-related matters, Bondoc si Asociatii works in unison with White & Case lawyers across 39 offices in 26 countries, bringing global breadth to each case. Bondoc si Asociatii SCA’s lawyer team includes highly experienced lawyers, who know in depth the local market, as well as the local economic and regulatory environment.

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