Sabre Holdings has teamed with ecommerce supplier Ariba to create an online trading marketplace for the travel and transportation sectors.
Sabre's eMarketplace will hook up its 45,000 connected travel agencies, 10 cruise lines, 50 car rental companies and 45,000 hotel properties. The partners claim that by using the online channel, participants could shave up to 15 per cent off their procurement costs. Sabre currently provides IT services to the travel industry.
Keith Krach, Ariba's chairman and chief executive, said: "The global Ariba B2B [business to business] ecommerce platform will provide Sabre and its customers with a fast time to transactional liquidity and a full range of proven commerce services from procurement to supplier enablement to dynamic trading services."
The first phase of the portal rollout is due to be launched in the third quarter of this year, with initial participants including travel agencies and small to medium sized airlines.
The site will enable members to buy and sell goods and services from equipment to cabin services and ticket stock, and conduct auctions for sourcing and selling surplus materials such as aircraft parts.
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