Travelport (TVPT), a travel services company, rang the opening bell on Thursday as it listed on the New York Stock Exchange. The company priced its initial public offering at $16 a share on Wednesday evening, the top of an expected price range. Gordon Wilson, President and CEO of Travelport, spoke to TheStreet on the latest trends in travel and what the company plans to do with the money raised from the IPO. Travelport provides distribution, technology, payment and other solutions for the global travel and tourism industry. The company relies on its relationships with airlines, hotels and online travel sites.
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