Priceline.com Starts Processing Bookings Through Sabre Travel Network, Announces Participation in Efficient Access Solution
August 07 2006 - 3:11PM
Business Wire
Sabre Travel Network, the world's largest and most rewarding
marketplace for the buying and selling of travel, and priceline.com
(NASDAQ: PCLN), the leading travel service for value-conscious
leisure travelers, today announced that the online travel company
has begun processing reservations through the Sabre global
distribution system (GDS). Priceline.com also announced its
participation in Sabre's Efficient Access Solution. "We are excited
to set this partnership into motion by processing some of our air
bookings through the Sabre GDS," said Chris Soder, executive vice
president for priceline.com. "We also are strong in our support of
its Efficient Access Solution. At priceline.com, we believe this
program effectively answers the cost-control needs of our suppliers
while providing protection and support for Sabre's agency
customers." "Having priceline.com's bookings starting to flow
through the Sabre system is a great beginning to what we envision
as a long-term and rewarding partnership for both companies," said
Chris Kroeger, senior vice president for Sabre Travel Network,
North America. "Their endorsement of our Efficient Access Solution
is another strong commitment to the benefits of our balanced
approach that ensures the continuation of an efficient marketplace
for suppliers, travel agencies, and travelers alike." About
Priceline.com Priceline.com is the leading travel service for
value-conscious leisure travelers. No other travel service gives
customers more ways to save on their airline tickets, hotel rooms,
rental cars, vacation packages and cruises. In addition to getting
all the best published prices, leisure travelers can narrow their
searches using priceline.com's TripFilter(TM) advanced search
technology, create packages to save even more money, and take
advantage of priceline.com's famous Name Your Own Price(R) service,
which delivers the lowest prices available. Priceline.com operates
one of Europe's fastest growing hotel reservation services through
Activehotels.com, Activereservations.com, Bookings.net and
priceline.co.uk. The company also operates the following travel web
sites: Travelweb.com, Lowestfare.com, RentalCars.com and
BreezeNet.com. Priceline.com also has a personal finance service
that offers home mortgages, refinancing and home equity loans
through an independent licensee. Priceline.com licenses its
business model to independent licensees, including priceline
mortgage and certain international licensees. About Sabre Travel
Network Sabre Travel Network, a Sabre Holdings company, provides
access to the world's leading global distribution system (GDS). The
Sabre GDS is a ready-built efficient marketplace that connects
suppliers, including hundreds of airlines and thousands of hotels,
with more than 50,000 travel agency locations. Suppliers get access
through one single connection; travel agents get real time access
to thousands of travel products from multiple suppliers through one
source integrated into their businesses; consumers get access to a
global supermarket of the world's greatest travel possibilities.
Key brands of Sabre Travel Network include GetThere, the leading
Web-based corporate travel reservation technology, and Jurni
Network, the unique leisure travel agency consortium in the United
States that enables members to sell more products from preferred
travel suppliers using sophisticated market intelligence. Sabre
Holdings (NYSE: TSG) connects people with the world's greatest
travel possibilities by retailing travel products and providing
distribution and technology solutions for the travel industry. More
information about Sabre Holdings is available at
http://www.sabre-holdings.com.
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