Melbourne travel management start-up Locomote has a new name and is planning its own global journeys. The platform has announced big expansion plans and will now go by the name Travelport Locomote to reflect a majority stake that US listed business travel giant Travelport took in the company earlier this year. Staff have doubled in the past year and the operation has sights set on the US.
Travelport, which turns over $US2.1 billion ($2.74 billion) annually, operates the Galileo and Apollo corporate travel systems. In December it bought a majority stake in Melbourne-based Locomote, founded by David and Ross Fastuca. A Smart50 finalist two years ago, Locomote was turning over $3.5 million a year in 2014.
Sandra McLeod was appointed chief executive officer earlier this year, arriving in Melbourne after 26 years working in a variety of roles at Travelport. She’s now using her decades of experience in the travel industry to help expand the brand from Melbourne.
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