Travelport acquires Sprice.com

Travelport has completed the acquisition of Singapore-based Sprice Pte. Ltd., which owns and operates hotel and travel search engine Sprice.com.

Terms of the acquisition were not disclosed. The acquisition supports Travelport’s strategy to rapidly expand the availability of hospitality content for its travel agency customers.

Travelport will significantly expand its hospitality offering by providing Galileo and Worldspan-connected agents with access to Sprice’s portfolio of over 240,000 international hotel properties, as well as a suite of hotel reviews, merchandising options and comparison tools.  

Travelport will also utilise Sprice’s search technology to enhance its GDS channels.

Travelport expects to accelerate the availability of a broader range of hospitality content within Travelport’s Universal Desktop, enabled via the Universal API, which is slated for commercial delivery beginning in the second half of this year.  In doing so, Travelport creates opportunities for those travel suppliers who would not normally consider participation in the GDS channel, making their inventory available to GDS-connected agents. 

Sprice is headquartered in Singapore and has an office in Strasbourg, France.  All 18 Sprice employees have been extended offers of employment at Travelport.   Sprice will be managed under the recently announced Consumer and New Ventures group within Travelport. 

Sprice was previously backed by two leading venture capital firms, Sofinnova Partners and Walden International.