Travelport has completed the acquisition of Singapore-based Sprice Pte. Ltd., which owns and operates hotel and travel search engine Sprice.com. Terms of the acquisition were not disclosed. As a consequence of the deal, Travelport will significantly expand its hospitality offering by providing Galileo and Worldspan-connected agents with access to Sprice.com portfolio of over 240,000 international hotel properties, as well as a comprehensive suite of hotel reviews, merchandising options and comparison tools. Travelport will also utilise Sprice's proven search technology to enhance its GDS channels, enabling the company to deliver and distribute more diverse supplier content to its subscriber customers.
As a result of this acquisition, Travelport expects to be able to extend the range of options available to agents, suppliers and their mutual customers. Beyond Travelport's existing channels, Sprice.com current direct to consumer offering provides Travelport with valuable insight into traveller shopping and booking behaviours. |