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Exclusive Hotel Content from Brazilian Distributor CMNet to Be Offered through Worldspan GDS
Jun 13, 2007 (10:06 AM EDT)
SAO PAULO, Brazil, June 13 /PRNewswire/ -- One of Latin America's leading hotel distribution and reservations management companies, CMNet, has signed a long-term distribution agreement with global travel technology provider Worldspan, L.P. The new agreement will give Worldspan subscribers integrated access to the comprehensive inventories of CMNet's nearly 600 important affiliated hotel chains and resorts via the Worldspan global distribution system (GDS). The announcement was made at EyeforTravel's 2007 Travel Distribution Latin America & the Caribbean Summit in progress here today.
CMNet offers substantial new content to Worldspan's hotel database, representing all global hotel chain properties located in Brazil and Argentina, the properties of national chains in Brazil and Argentina, plus a significant number of independent hotels offering reach to destinations in Brazil, Argentina, Uruguay and Chile. An interface between CMNet's central reservations platform and the Worldspan GDS will allow Worldspan subscribers worldwide to shop and book CMNet inventory using the latest technologies, and receive instant confirmations from hotels. To create an interface to the Worldspan GDS, CMNet is taking advantage of Worldspan XML Pro messaging technology, the leading global IP data exchange tool for travel supplier-GDS connections.
"We are delighted to partner with CMNet in expanding our database with hundreds of valuable Latin American properties," said Mike Parks, Worldspan senior vice president - Global Operations and Agency Marketing. "Our subscribers, along with CMNet's hotel customers and travelers who choose CMNet properties, will all benefit from the most efficient hotel distribution solutions in the industry."
"Worldspan offers a high-tech and far-reaching opportunity for our participating hotels to reach travel retailers in South America and throughout the world," said Marcus Crivellari Moreira, commercial director for CMNet. "CMNet and Worldspan share a commitment to innovation and advancement for all participants in the Latin American travel business, and this is the foundation for a fruitful partnership."
CMNet is a CM Solucoes company, the leader in hotel management systems in Brazil for more than 20 years. CMNet offers hotel and resort companies a complete portfolio of distribution, reservations management and online travel distribution technologies that allow hotel inventories to be marketed through multiple channels, including global distribution systems, the Internet and other outlets. CMNet generated one million overnight bookings for its hotel customers in 2006.
About Worldspan, L.P.
Worldspan is a leader in travel technology services for travel suppliers, travel agencies, e-commerce sites and corporations worldwide. Utilizing some of the fastest, most flexible and efficient networks and computing technologies, Worldspan provides comprehensive electronic data services linking thousands of travel suppliers around the world to a global customer base. Worldspan offers industry-leading Fares and Pricing technology such as Worldspan e-Pricing(R), hosting solutions and customized travel products. Worldspan enables travel suppliers, distributors and corporations to reduce costs and increase productivity with technology like Worldspan Go!(R) and Worldspan Trip Manager(R) XE. Worldspan is headquartered in Atlanta, Georgia. Additional information is available at worldspan.com.
Statements in this release and any exhibits hereto which are not purely historical facts, including statements about forecasted financial projections or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to Worldspan, L.P. ("the Company") on the date this release was submitted. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including, but not limited to, risks and uncertainties related to: the Company's revenue being highly dependent on the travel and transportation industries; airlines limiting their participation in travel marketing and distribution services; airlines altering their content or changing the pricing of such content; or other changes within, or that may affect the travel industry or the Company.
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CONTACT: Erin Hadaway of Worldspan, +1-770-563-6545, firstname.lastname@example.org
Web site: http://www.worldspan.com//