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SynXis
Generates Over $2 Billion in Revenue for Hotels in 2006
While Growing to 8,400 Properties on their Systems .> Record sales and new products and services fuel enormous growth for the leading CRS Provider |
SOUTHLAKE, Texas, 13 December � 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. Highlights include:
�We 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 themselves.� With their well-rounded products and services offering, SynXis has won many new customers. Since the start of 2006 they have added over 100 new customers representing over 500 properties around the world. The increase in properties has come through a combined effort of SynXis�s 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.� About SynXis® 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� 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 protected], 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 C. Levitt
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