Sociedad Anónima (BMAD: AMS) | |
Industry | Travel technology |
Founded | 1987 |
Headquarters | Madrid, Spain |
Services | Provision of computer reservations systems; IT systems for the travel industry; online travel agency |
Revenue | €4.472 billion (2016) |
Total assets | €5.427 billion (end 2013) |
Total equity | €1,840.1 million (end 2013) |
Subsidiaries | TravelTainment, AAI |
Website | www |
Amadeus IT Group /æməˈdeɪʊs aɪ tiː ɡrʊp/ is a major European IT Provider for the global travel and tourism industry.
The company is structured around two areas: its global distribution system and its IT Solutions business area. Acting as an international network, Amadeus provides search, pricing, booking, ticketing and other processing services in real-time to travel providers and travel agencies through its Amadeus CRS distribution business area. Through its IT Solutions business area, it also offers travel companies software systems which automate processes such as reservations, inventory management and departure control.
The group, which processed 850 million billable travel transactions in 2010, services customers including airlines, hotels, tour operators, insurers, car rental and railway companies, ferry and cruise lines, travel agencies and individual travellers directly.
The parent company of Amadeus IT Group, holding over 99.7% of the firm, is Amadeus IT Holding S.A. It is listed on the Spanish stock exchanges as of 29 April 2010 and trades under the symbol AMS. For the year ended 31 December 2012, the company reported revenues of €2.910 billion and EBITDA of €1.108 billion.