Sabre, a global travel technology company, and Expedia, Inc., (NASDAQ: EXPE) the world’s largest travel company, announced today the renewal of a multi-year technology agreement. The agreement provides Expedia with a broad range of technology services, including Sabre’s leading online fare search technology and access to global travel supplier content to enrich Expedia, Inc.’s extensive supply portfolio. The two organizations established their partnership in 2005 in North America, and have since expanded the partnership to include points of sale in Asia Pacific and Latin America.
Today Expedia, Inc. offers airfare search and reservation capabilities to travelers in more than 25 countries through its portfolio of international travel brands that provide full-service and corporate travel offerings, including Expedia®, Egencia®, and Hotwire®. Sabre’s online search and booking technology coupled with Expedia’s proprietary Best Fare Search shopping technology ensures travelers receive timely, accurate search results for a simple and more streamlined travel booking process.
Greg Schulze, SVP Global Tour & Transport, Expedia, Inc., said, “Expedia and Sabre share a commitment to offering consumers the best possible travel experience through the power of technology. Sabre is a long-standing and valued global partner, and our primary GDS in North America. They’ve played an important role in helping us grow our scale around the world.”
Greg Webb, President of Sabre Travel Network, said, “Expedia continues to be an important partner and we value the strength of our relationship which has grown over the past seven years. We work closely with them on business objectives, and share a desire to bring new online technology to the marketplace that helps them improve customer experience and loyalty. We look forward to continuing our close relationship and supporting Expedia’s global growth objectives.”
Sabre Travel Network provides technology to the travel industry. It operates the world’s largest travel marketplace, connecting travel buyers and sellers through the Sabre global distribution system (GDS). Its innovative technology connects 350,000 travel agents to more than 400 airlines, 100,000 hotels, 25 car rental brands, 50 rail providers, 14 cruise lines and other global travel suppliers. More than $100 billion of travel is purchased through this marketplace annually.
Sabre Travel Network is part of Sabre Holdings, a global travel technology company serving the world’s largest industry - travel and tourism. For more information please visit: www.sabretravelnetwork.com.
About Expedia, Inc.
Expedia, Inc. is the largest online travel company in the world, with an extensive brand portfolio that includes some of the world’s leading online travel brands, including:
- Expedia.com®, the world’s largest full service online travel agency, with localized sites in 30 countries
- Hotels.com®, the hotel specialist with sites in more than 60 countries
- Leading discount travel site Hotwire®, which offers opaque deals in nine countries on its eight sites in North America and Europe
- Egencia®, the world's fifth largest corporate travel management company
- China's second largest booking site eLong™
- Leading agency hotel company Venere.com®
- Destination services and activities provider Expedia Local Expert®; and
- Luxury travel specialist Classic Vacations®
The company delivers consumers value in leisure and business travel, drives incremental demand and direct bookings to travel suppliers, and provides advertisers the opportunity to reach a highly valuable audience of in-market travel consumers through Expedia Media Solutions. Expedia also powers bookings for some of the world’s leading airlines and hotels, top consumer brands, high traffic websites, and thousands of active affiliates through Expedia® Affiliate Network. (NASDAQ: EXPE) For corporate and industry news and views, visit us at www.expediainc.com or follow us on Twitter @expediainc.
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