Through the Sabre R global distribution system, subscribers can access information about, and can book reservations for, among other things, airline trips, hotel stays, car rentals, cruises and tour packages. The Sabre Travel Network TM business operates the global distribution system and markets and distributes travel-related products and services through the travel agency channel.
Sabre Holdings engages in consumer-direct and business-direct travel marketing and distribution through its Travelocity R business see below. In addition, the Sabre Airline Solutions TM business is a leading provider of technology and services, including development and consulting services, to airlines and other travel providers.
Travelocity customers can access offerings, pricing and information about airlines, hotels, car rental companies, cruise lines, vacation and last-minute travel packages and other travel-related services.
For business travelers, the Travelocity Business SM online corporate travel agency provides the integrated online corporate travel technology and full-service offering of our GetThere R product along with the online expertise of Travelocity. Statements in this disclosure which are not purely historical facts or which necessarily depend upon future events, including statements about the anticipated benefits of the proposed transaction to Sabre Holdings Corporation 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 , 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 Corporation on the date this report was submitted. Sabre Holdings Corporation 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 inherent in the integration of the acquired business such as ensuring the effectiveness of the design and operation of the internal and disclosure controls of the business to be acquired , in securing long-term financing for the proposed transaction, or in competition within the European marketplace from established or emerging competitors.
Sabre Holdings Corporation may not succeed in addressing these and other risks. Under the new agreement, Etihad will continue leveraging a suite of For example: -- Travelocity now has more than 20, merchant hotel properties. As early as fall of this year, the companies expect to begin offering Travelocity's hotel program to lastminute. This also represents a new opportunity for lastminute. Additional Detail Sabre Holdings will discuss this transaction in greater detail during the Webcast on its second quarter financial results on July 28, About lastminute.
About Sabre Holdings Sabre Holdings is a world leader in travel commerce, marketing travel products and providing distribution and technology solutions for the travel industry. Europe travel Travelocity. It used a smart business model and a cheeky sense of humour to generate huge awareness at just the moment UK consumers discovered the internet en masse.
The concept centred on taking unsold inventory — flights, hotels, theatre tickets — and selling it online. The win-win model cut losses for companies and created a discount for consumers.
I do everything at the last minute. Buy today to continue reading. The travel company hopes a new marketing campaign will help it stand out in a crowded market by making the brand about more than just price. If brands want to have licence to talk about the environment they need to show they understand the problems and are making moves to mitigate their impact. The boom in ecommerce brought about by the pandemic means standing out on the digital shelf is a priority for brands large and small, but does the battle start offline?
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