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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.