Sabre will sunset Prism Group's Avion travel management software product at the end of the year.
Sabre president and CEO Tom Klein is disappointed with the company's third-quarter performance, citing corporate booking weakness that dampened global distribution system growth, the insolvency of German travel agency Unister that hit revenue and stalled bookings, and higher than expected expenses related to bolstering system security.
Orbitz for Business is tapping into a new scorecard application programming interface from Prime Numbers Technology to push scorecards and compliance data directly to corporate travelers at the point of sale. Prime also named sister company Atlas Travel as a travel management company user of its Traveler Scorecard API, released in May.
Like Sabre, Travelport reported softness in U.S. global distribution system bookings during the third quarter, especially for corporate travel. While Sabre said strength built in the first month of the fourth quarter, Travelport CEO Gordon Wilson doesn't see evidence of improvement.
A slight majority of travel agents are increasing their usage of global distribution systems for hotel bookings, according to a biennial TravelClick study released this week.
During the first quarter, Sabre benefited from a "better-than-expected booking environment," CEO Sean Menke said, and its global distribution system bookings rose 6 percent year over year.
Cornerstone Information Systems last month hired Rock Blanco as vice president for product innovation and marketing. He'll help the firm with current solutions as well as new versions of key products slated for release this summer.
After reporting year-over-year declines in global distribution system segments in the United States for each quarter of 2015 and the first three quarters of last year, Travelport's U.S. segments finally turned positive in the fourth quarter, CEO Gordon Wilson said today.