Amadeus IT Group S.A. Value Stock - Dividend - Research Selection
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Description of the company
Amadeus IT Group, S.A., together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. It operates through two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services. It also offers travel providers a portfolio of technology solutions, which automate certain mission-critical business processes and strategic operations, such as sales and reservations, inventory management, and other operational processes. In addition, the company provides software development, regional support, and data processing services, as well as engages in shareholding, e-commerce, and financial activities. It serves providers of travel products and services, such as airlines, airports, hotels, tour operators, insurance companies, land and sea transport companies, travel sellers and brokers, travel buyers, ground handlers, rail operators, car rental companies, and cruise and ferry lines. The company was formerly known as Amadeus IT Holding, S.A. and changed its name to Amadeus IT Group, S.A. in August 2016. Amadeus IT Group, S.A. was founded in 1987 and is headquartered in Madrid, Spain.