Travelport GDS Signs Long Term Agreement with MLT Vacations to Power Reservations for Delta Vacations, NWA WorldVacations, Worry-Free Vacations and Continental Airlines Vacations
Posted on: Tuesday, 9 June 2009, 16:34 CDT
MLT Vacations will implement Travelport Rapid RepriceTM the industry leading product that has been automating the complex, time-consuming ticket exchange processes since 1999. Travelport Rapid RepriceTM enables MLT Vacations to increase efficiency by automatically recalculating the price of a ticket in a fraction of the time it takes to recalculate manually. The product automatically integrates fare and rule categories for voluntary changes, net fares, private fares and fare-by-rule from both ATPCO and SITA filed fares.
A significant decrease in the instances of airline debit memos can be expected due to the products superior data integrity and repricing accuracy. Travelport Rapid RepriceTM facilitates repricing of tickets irrespective of the booking system that issued the ticket and has been delivering financial rewards to some of the world's largest agency and airline customers. More than 100 million fully automated transactions have been processed since launch, demonstrating the product's unique functionality and scalability.
"We are pleased to partner with Travelport, providing MLT Vacations suppliers and customers with consistent round-the-clock access to inventories and fares via a single robust connectivity platform," said
MLT Vacations will deploy Travelport e-Pricing, the travel industry's first multi-server-based pricing technology powering an unrivalled suite of low-fare shopping solutions that accesses the world's best and lowest fares. Powering the world's major online travel retailers and leading travel providers, e-Pricing is capable of searching millions of fares and hundreds of thousands of itinerary options to find the lowest available fares and ensures airlines, consumers and travel agents get the information and choice they expect. The dynamic e-Pricing engine provides the fastest, most accurate fare searches, and yields more comprehensive itinerary results from a growing universe of Travelport participating airlines.
"This new agreement demonstrates the value that leading leisure travel vacation providers such as MLT Vacations place in Travelport's cost-effective, reliable and broad-based e-Commerce solutions and shopping capabilities that access the broadest possible range of prices and schedules for clients around the world from one platform," said
MLT Vacations will also utilize XML Pro, the first XML solution for fast and efficient interface with a GDS that provides an affordable solution for travel companies to exchange structured data, as well as reduces operating costs and system maintenance. XML Pro also eliminates the need for suppliers and retailers to use third-party solutions for GDS interface, and employs the latest OpenTravel Alliance universal data transmission specifications for travel.
About Travelport
Travelport is one of the world's largest travel conglomerates offering broad based business services to companies operating in the global travel industry. The company is comprised of the global distribution system (GDS) business that includes the Worldspan and Galileo brands; GTA, a leading global, multi-channel provider of hotel and ground services; IT Services and Software, which hosts mission critical applications and provides business and data analysis solutions for major airlines. With 2008 revenues of
Travelport also owns approximately 48% of Orbitz Worldwide (NYSE: OWW), a leading global online travel company.
Travelport is a private company owned by The Blackstone Group, One Equity Partners, Technology Crossover Ventures and Travelport management.
About MLT Vacations
MLT Vacations, one of the largest providers of vacation packages in
SOURCE Travelport GDS
Source: PR Newswire
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