Travelport, the business services provider operating the Galileo and Worldspan global distribution system (GDS) platforms, today announces that it has signed a new, multi-year agreement with Travel Solutions

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.

Travelport and Worldspan have confirmed a definitive agreement to merge Worldspan into a subsidiary of Travelport in a $1.4 billion deal.

Worldspan e-Pricing is making its debut in the Caribbean, offering customers the same advanced fare shopping and booking tools that are in use by the majority of the world’s largest travel Web sites.

Worldspan today announced theintroduction of Worldspan Fare by Rule, a new dynamic pricing solution thatutilizes ATPCO Automated Rules Category 25 to create new fares by filingdiscounts off existing published and private airfares or filing zonal pricingprograms in the ATPCO system.

Worldspan President and Chief Executive Officer Paul Blackney praised Sabre`s new corporate online booking fee program to help reduce corporate travel distribution costs. The program, which mirrors Worldspan`s Corporate Online Program introduced in 2000, signals a greater awakening among other members of the GDS industry to the need for change in current approaches. However, Blackney stressed the more essential need will be a comprehensive new business model that is more equitable for all travel distribution constituents and travel products, including and beyond those that serve the Web-based, self-booking segment of the corporate travel market.