- Release Date: 17/12/14 08:30
- Summary: GENERAL: SKO: Serko Partners with Expedia Affiliate Network
- Price Sensitive: No
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SKO 17/12/2014 08:30 GENERAL PRICE SENSITIVE REL: 0830 HRS Serko Limited GENERAL: SKO: Serko Partners with Expedia Affiliate Network Market Release 17 December 2014 Serko Partners with Expedia Affiliate Network Serko Limited (NZX:SKO), a leader in online travel booking and expense management for business, announced today that it has partnered with hotel provider, Expedia Affiliate Network (EAN), to allow Serko Online users to book select Expedia-sourced hotels through Serko Online. The deal adds more than 120,000 properties to Serko Online's already extensive hotel inventory and opens the door for Serko Online customers to consolidate their hotel bookings with the rest of their itinerary in Serko Online. Serko CEO Darrin Grafton says: "As many as 40% of business travellers book hotels through leisure sites, like Expedia, rather than their Online Booking Tool (OBT) because they believe it helps their company save money. But booking outside of programme means corporations lose visibility of where their travellers are staying, travel spend is harder to reconcile, and duty of care obligations are not met." "Enabling Expedia hotels to be booked through Serko Online, confronts this problem head-on and is another step towards Serko transforming business travel for the better", added Grafton. Expedia Affiliate Network Director Australia & New Zealand, Raphael Lanfant, says: "We are excited about this new relationship with Serko and the expansion of hotel options for agents and their customers in the Australasia region. We share a commitment to create a smarter hotel shopping tool for agents that provides multiple options for their travellers". ENDS For investor relations queries please contact: Tim Bluett, Chief Financial Officer, Serko +64 9 309 4754 [email protected] For media queries please contact: Morgan Bailey, Porter Novelli for Serko, + 64 21 812 620 [email protected] About Serko Serko is Australasia's leading online travel booking and expense management company for businesses and is listed on the NZX Main Board (NZX:SKO). With its HQ in Auckland New Zealand, and with offices in Sydney Australia, Xi'an City China and Gurgaon, India, Serko employs more than 120 people worldwide. Serko Online is an integrated Online Booking Tool used by administrators and travellers to book flights, accommodation and car hire from the broadest possible set of travel providers. The OBT ensures that travel bookings comply with corporate travel management policy without limiting the user's choice of travel provider. Visit www.serko.com for more information About Expedia Affiliate Network Expedia Affiliate Network (EAN) is a division within the Expedia, Inc., one of the world's largest travel companies. EAN works with over 7,500 partners in 33 countries to turn their web traffic into hotel bookings and happy customers. EAN.com LP creates the tools and technology that help millions of travelers find the perfect hotels for their next trips. Visit www.ean.com for more information. End CA:00258993 For:SKO Type:GENERAL Time:2014-12-17 08:30:06
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