Record Sales and New Products and Services Fuel Enormous Growth
for the Leading CRS Provider
SOUTHLAKE, Texas–(BUSINESS WIRE)–Dec. 14, 2006–SynXis, the
Sabre Holdings (NYSE:TSG) business that provides reservation
management, distribution and technology services for hotels around the
world, announced today that in 2006 it has processed the highest
number of transactions in its history and has generated more than $2
billion in revenue for SynXis hotel customers.
Throughout the year SynXis has launched many significant new
products and services to drive more distribution for its customers.
— The powerful 5.0 version of the RedX(TM) Distribution
Management System, which improved system usability based on
direct customer feedback.
— New Revenue Management consulting programs.
— Channel Connect(SM), which provides XML integration from RedX
directly to third party travel sites and to hoteliers’
custom-built booking engines.
— A global voice solution including a new telephone reservation
center near Dallas, Texas, and foreign language coverage for
calls in Europe and Asia.
one-year anniversary of its full-service call center based
in Montevideo, Uruguay.
In 2006 SynXis has seen a greater than 60-percent increase over
2005 in bookings made on hotel booking engines that it has built for
its customers. This increase mirrors the industry trend of more
consumers booking directly on hotel websites. The SynXis booking
engine enables hoteliers to customize the booking experience for their
guests with such features as language translations, currency
conversions, multiple room and rate pictures and a powerful
dynamic-packaging engine that generates incremental revenue for the
“SynXis made significant investments in our products, services and
staff in 2006 and will continue this investment in 2007. Our focus has
been to provide leading technology and solutions to help our customers
better compete in the rapidly evolving world of electronic
distribution,” commented Scott Alvis, president and general manager of
SynXis. “We are thrilled with the benefits our new products and
services have brought to our customers and the numbers speak for
With its well-rounded products and services offerings, SynXis has
won many new customers. Since the start of 2006, they have added more
than 100 new customers representing over 500 properties around the
world. The increase in properties has come through a combined effort
of SynXis’ direct sales team and its network of value-added reseller
partners around the world.
“The ability for us to win so many new customers at this stage in
our company’s cycle speaks volumes of our people, our products and our
combination of innovation and stability,” added Alvis. “2006 has been
a tremendous year, and we are looking forward to building on that
momentum going into 2007.”
SynXis, a Sabre Holdings company, enables hotels to maximize
revenue and reduce costs through innovative, market-driven technology
combined with outstanding customized support. The RedX(TM)
Distribution Management System, at the solution’s core, empowers hotel
operators to consolidate and manage hotel inventory from all sources
— seamless GDS connectivity, popular Internet travel sites,
private-label central reservations systems, and full-service hotel Web
sites. It also helps hotels build revenue by enabling them to
independently manage each distribution channel from one easy-to-use
control center. SynXis operates full-service call centers in North and
South America offering private label reservation services to hotels
around the world. SynXis is the technology source for more than 8,400
hotels, bed and breakfasts, resorts, and destinations, including,
Harrah’s, Interstate Hotels & Resorts, Destination Hotels & Resorts,
and Jumeirah Hotels.
SynXis’ corporate headquarters is in Southlake, Texas, with
offices in Denver, Boston, Amsterdam, and Montevideo. For more
information on SynXis and its products, please call +1-682-606-4000,
e-mail email@example.com, or visit our Web site at www.synxis.com.
About Sabre Holdings Corporation
Sabre Holdings connects people with the world’s greatest travel
possibilities by retailing travel products and providing distribution
and technology solutions for the travel industry. Sabre Holdings
supports travelers, travel agents, corporations, government agencies
and travel suppliers through its companies: Travelocity, Sabre Travel
Network and Sabre Airline Solutions. Headquartered in Southlake,
Texas, the company has approximately 9,000 employees in 45 countries.
Full year 2005 revenues totaled $2.5 billion. Sabre Holdings, an S&P
500 company, is traded on the New York Stock Exchange under the symbol
TSG. More information is available at http://www.sabre-holdings.com.
Carol Levitt, 301-960-4428