Madrid, Spain, 28 November, 2006:
Amadeus IT Group has appointed Ignacio Martos as the CEO of Opodo. The company is one of Europe's leading online travel agencies, operating in nine geographic markets across the continent and with gross travel sales of over EUR 1 billion in 2006.
Ignacio Martos has been Chief Executive Officer of Spanish online travel portal, Rumbo for six years. Under his stewardship Rumbo fast-became one of the Spanish online travel industry’s big success stories and reached profitability in 2004. Gross sales growth has accelerated during 2006 and now stands at over 100% year-on-year.
"Ignacio Martos will bring a strong track record of performance to his new role at Opodo," says Philippe Chérèque, Senior Vice President, Corporate Strategy, Amadeus, "And we have every confidence that he is the right candidate to lead one of Europe’s leading online travel agencies."
Mr Martos holds a degree in law and an MBA from IESE Business School in Spain.
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Notes to the editors
Simon Vincent, Opodo's CEO since November 2004, resigned to take up the position of President, Hilton UK and Ireland in January 2007.
Amadeus is the chosen technology partner for providers, sellers, and buyers of travel. The company provides distribution, IT and point-of-sale solutions to help its customers adapt, grow and succeed in the fast changing travel industry. Customer groups include travel providers (airlines, hotels, car rental companies, railway companies, ferry lines, cruise lines, insurance companies and tour operators), travel sellers (travel agencies) and travel buyers (corporations and travellers). Solutions are grouped in four solution categories – Distribution & Content, Sales & e-Commerce, Business Management and Services & Consulting.
Amadeus has central sites in Madrid (corporate headquarters & marketing), Nice (development) and Erding (Operations – data processing centre) and regional offices in Miami, Buenos Aires and Bangkok. At market level, Amadeus maintains customer operations in 76 countries covering more than 215 markets.
The company is owned by WAM Acquisition, whose shareholders are BC Partners, Cinven, Air France, Iberia and Lufthansa. Amadeus employs nearly 6,700 employees worldwide, representing 95 nationalities. Amadeus' revenue for the six months year ended 30 June was EUR1,381.6m.
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