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Farelogix News Release
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Sabre Introduces Comprehensive Fare Management System
Sabre Rate manager provides tools for consolidators and travel agencies to manage and distribute negotiated fares worldwide.
TORONTO, Ont. - August 1, 2001
Sabre Holdings Corporation (NYSE:TSG), the leading provider of technology, distribution and marketing services for the travel industry, has announced the introduction of Sabre Rate Manager, powered by Farelogix, a comprehensive web-based solution for managing and distributing negotiated fares worldwide.
Sabre ConnectedTM travel agencies and consolidators will be provided with a contract management system that compromises a negotiated fares database, a booking engine and an extensive management reporting tool, allowing comprehensive distribution of negotiated fares to agencies or internal reservations staff. Sabre Rate manager also offers an XML data feed option for distribution.
Sabre Rate Manager compliments an agency's existing line of fare management tools and enables Sabre connected travel agents to access negotiated and published fares in a single fare display. Sabre Rate Manager provides improved access to a wider range of fares, supporting consolidators, retailers and online agents in the travel industry.
"Sabre Rate manager streamlines the process of searching and booking the lowest fares," said Tracy Cooper, vice president and general manager of the Canadian Division of Sabre. "Instant, real-time access to a single fare display that combines both negotiated and published fares simplifies the fare search process, making travel professionals more efficient, helping to build customer satisfaction. We believe this combination offers a real advantage over other products coming out in the market."
Sabre Rate Manager's benefits include:
- Increased productivity - no more time consuming phone calls to search for the best fares
- Streamlined sales process
- Ability to integrate negotiated and published fares into a single fare display
- Effective distribution of negotiated fares
- Expanded access to a wider range of fares
Sabre Rate Manager is powered by Toronto-based Farelogix, a leading Canadian information technology provider and is the result of a strategic technology and marketing partnership formed in November 2000.
Travel clients will soon have the ability to sign- up for Sabre Rate Manager, with initial release scheduled for Canada in August 2001, followed by release in the U.S. in October 2001.
About Sabre
The Sabre office in Canada is a division of Sabre Inc. Sabre is the leading provider of technology, distribution and marketing services for the travel industry. Headquartered in Dallas/Fort Worth, Texas, the company has approximately 6,000 employees in 45 countries. Sabre maintains an ownership interest of approximately 70 percent in Travelocity.com (Nasdaq:TVLY), the world's leading online B2C travel site; and it owns GetThere, the world's leading provider of Web-based B2B travel reservation systems. Sabre is traded on the New York Stock Exchange (NYSE:TSG).
More information on Sabre is available on the World Wide Web at http://www.sabre.com
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