Travelport has signed a new multi-year agreement
with Hutchison-Priceline, an independent company formed with
investments from Hong Kong-based global conglomerate Hutchison
Whampoa Limited and US-based priceline.com Inc.
Hutchison-Priceline is one of the biggest Online
Travel Agencies (OTA) in Asia, and operates under the
priceline.com brand covering Hong Kong, Singapore and Taiwan.
Under the new agreement, all travel booking
websites operated by Hutchison-Priceline will be processing its
online reservations through Travelport’s Travel Commerce Platform.
Hutchison-Priceline is already utilising Travelport’s Universal API (Application Programming
Interface) technology to power its internet booking engine for air
bookings. Universal API aggregates content from Travelport’s Travel Commerce Platform – including airfare, airline
merchandising and ancillaries, hotels, car and rail – and makes it
accessible to developers or companies creating their own travel
applications through a single connection. This negates the need
for OTAs to obtain content from multiple sources and makes booking
travel more efficient by dramatically improving search, pricing
and profiling functionality.
“We had very specific requirements when choosing
a long-term technology partner for our business. We needed a
provider that can take Hutchison-Priceline to the next level – by
supplying broad travel content, innovative technology, global
scope and service excellence. Travelport fulfils our criteria and
we are confident that they can help us deliver on our growth
strategy in the years ahead,” said Tony Ma, Hutchison-Priceline’s
Chief Executive Officer.
According to PhoCusWright, OTA gross bookings in
the Asia Pacific region are expected to reach US$46.5 billion by
2016, rising 58% over 2013.
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