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Priceline and Sabre sign expanded, multi-year distribution agreement

Aug 08, 2024almost 2 years ago

Contract Type

agreement

NorwalkLeisureTravelE CommerceTourism

Description

Priceline and Sabre have announced a new expanded, multi-year agreement to deliver joint growth in travel retailing. The relationship will focus on driving innovation and delivering superior content to travelers.

Company Information

Company

Priceline

Location

Norwalk, Connecticut, United States

About

Priceline, part of Booking Holdings Inc. [NASDAQ: BKNG], has been a leader in online travel for twenty-five years. Priceline's proprietary deals technology pairs negotiation with innovation to analyze billions of data points to generate deep discounts for customers they can't find anywhere else. Travelers have access to millions of hotels, flights, alternative accommodations, rental cars, cruises, vacation packages and experiences from trusted brands in over 116 countries around the world, 24/7 customer service and incremental savings when becoming a Priceline VIP. By making affordable travel within reach for all, Priceline helps millions of customers each year be there for the moments that matter to them. Because where your happy place meets your happy price, that place is Priceline.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months