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Sabre Canada announced today it has entered a Letter of
Understanding with Travel Source Network "At Home Travel" business
based in Canada. Sabre Travel Network will partner with Travel Source
Network to promote together the host agency business in Canada that
has been successful in the U.S. as Nexion. Nexion is the largest host
agency in the United States with more than 2,000 participating members
and sales in excess of $200 million. Nexion's success has been
overwhelming in the U.S. during the last three years of operation and
Sabre is looking at this new partnership, in Canada, as a natural
extension to their current offerings.
"Travel Source Network will work closely with Nexion to offer the
best solutions and content to our members," said Larry Finn, president
of Travel Source Network. "This is yet another sign that Sabre is
concentrating on strengthening the agency channel by focusing not only
on technology but also on products, content and services that can
greatly reduce retail travel agencies current operating expenses. In
addition, Nexion provides unique marketing opportunities utilizing
sophisticated customer relationship management programs and data base
marketing services designed to drive business to its members."
"We have been watching the Canadian market closely and the
evolution of the host agency business for the past two years as we
have honed the program in the U.S.," said James McNair, president of
Sabre Canada. "The market conditions are excellent in Canada and we
expect through our partnership with Travel Source Network, that they
will become the market leader in the very near future. No existing
company in Canada can offer the unique technology platform, buying
power or services which Sabre Travel Network and Nexion bring to the
marketplace."
Finn is extremely pleased with the partnership opportunities Sabre
Travel Network and Nexion provide. "Larry has a proven track record
with Sabre during the past 20 years, building a number of highly
successful travel businesses. He is the ideal partner for Sabre Travel
Network to expand into this new and emerging model in Canada," McNair
added.
Travel Source Network was the first "At Home Travel" host agency
in Canada established in 1993. Finn said, "We have taken the last
eight months rebuilding the foundation, technology platform, systems
and processes, preparing for an aggressive growth over the next three
years. From day one, our goal has been to be the largest most
successful host agency system in Canada and we are on track."
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.