Sabre, Priceline sign expanded, multi-year distribution agreement

Sabre (SABR) and Priceline, part of Booking Holdings (BKNG), announced a new expanded, multi-year agreement to deliver joint growth in travel retailing. Under the new agreement, Priceline will adopt Sabre Direct Pay to support its travel payments needs, delivering a more secure, automated, and integrated payment process. Additionally, Priceline will leverage Sabre’s rich GDS content and shopping APIs to support its continued leadership in delivering the best flight and package inventory to customers.