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Sabre Travel Network and Expedia Announce Multi-Year Agreement
SOUTHLAKE, Texas, May 5 /PRNewswire-FirstCall/ -- Sabre Travel Network, a
Sabre Holdings company, today announced it has signed a five-year Global
Distribution System ("GDS") subscriber agreement with Expedia, Inc., an
operating company of InterActiveCorp . Over the term of the agreement, Sabre
Travel Network expects to process a meaningful portion of Expedia's GDS
bookings through the Sabre system. Specific terms are not being disclosed.
"We are pleased to provide Expedia with the breadth of our distribution
services," said Hugh Jones, senior vice president, North America, Sabre Travel
Network. "This agreement underscores the value of the products and services we
provide to travel agencies."
"We are very pleased to announce Sabre Travel Network as a distribution partner
for Expedia," said Barney Harford, senior vice president of air, car and
private label at Expedia, Inc. "This agreement will bring diversification to
our GDS relationships."
About Sabre Travel Network
Sabre Travel Network, a Sabre Holdings company, provides access to the world's
leading global distribution system (GDS) enabling agents at more than 53,000
agency locations worldwide to be travel experts. The Sabre GDS, the first
system to connect the buyers and sellers of travel, today includes more than
400 airlines, approximately 60,000 hotels, 41 car rental companies, nine cruise
lines, 35 railroads and 220 tour operators. 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 that
enables members to sell more products from preferred travel suppliers using
sophisticated market intelligence.
Sabre Holdings Corporation (NYSE:TSG) is a world leader in travel commerce,
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/
Statements in this release which are not purely historical facts, including
statements about Expedia bookings expected to be processed by the Sabre GDS, or
other statements about anticipations, beliefs, expectations, hopes, intentions
or strategies for the future, may be forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as amended.
Readers are cautioned not to place undue reliance on forward-looking
statements. All forward-looking statements are based upon information
available to Sabre Holdings on the date this release was issued. Sabre Holdings
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Any forward-looking statements involve risks and uncertainties that could
cause actual events or results to differ materially from the events or results
described in the forward-looking statements, including risks or uncertainties
related to computer systems conversions and airlines or other suppliers
potentially limiting their use of certain travel distribution providers. Sabre
Holdings may not succeed in addressing these and other risks. Further
information regarding factors that could affect our financial and other results
can be found in the risk factors section of our most recent filing on Form 10-K
with the Securities and Exchange Commission.
DATASOURCE: Sabre Holdings Corporation
CONTACT: media, Nanci Williams, +1-682-605-2271, or investor relations,
Karen Fugate, +1-682-605-2343, both of Sabre Holdings Corporation
Web site: http://www.sabre-holdings.com/