Indonesia's national flag carrier has selected Sabre Fares Manager, Contract Manager and Fares Optimizer to improve revenue opportunities through intelligent pricing recommendations
SINGAPORE and JAKARTA, Indonesia, Dec. 16, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new agreement with Garuda Indonesia. The airline will use fare management solutions from Sabre to enhance its pricing management capabilities, streamline operations, and reinforce its competitive positioning. By adopting Sabre's advanced solutions, Garuda Indonesia aims to support its broader transformation strategy and address critical challenges in fare management.
SOUTHLAKE, Texas, Dec. 10, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, and American Airlines today announced the multi-year renewal of their technology partnership, including the provision of the SabreSonic® Passenger Service System (PSS).
The renewal signals the continuation of an exciting era in the partnership between American and Sabre as the companies look to push the boundaries of modern travel technology and significantly enhance the traveler experience, together.
SINGAPORE and BANGKOK, Dec. 9, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced an expansion of its longstanding relationship with Thai Airways. The national carrier of Thailand has selected Sabre's advanced Fares Manager and Fares Optimizer solutions to enhance its pricing capabilities and drive incremental revenue opportunities.
This agreement further strengthens the alliance between Sabre and Thai Airways, which already includes a long-term distribution agreement. By adopting Sabre Fares Manager together with Fares Optimizer, Thai Airways is poised to streamline its fares management processes, respond more effectively to market dynamics, enhance analyst productivity, and optimize pricing strategies to maintain a competitive edge.
Long-term renewal reinforces Qantas' commitment to distributing both traditional and NDC content through Sabre's robust, worldwide marketplace.
SINGAPORE and SYDNEY, Dec. 5, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has extended its long-term distribution agreement with Qantas, Australia's largest airline. This multi-year agreement reflects a continued commitment between Sabre and Qantas to deliver the widest breadth of content to travel agencies worldwide with the most flexible options, including comprehensive access to Qantas' New Distribution Capability (NDC) content.
SOUTHLAKE, Texas and DUBAI, United Arab Emirates, Dec. 3, 2024 /PRNewswire/ -- Sabre Corporation, a leading software and technology provider empowering the global travel industry, announced today that is has started distributing New Distribution Capability (NDC) offers from Emirates. This collaboration marks an expansion of Sabre's footprint globally and offers travel agencies enhanced access to real-time, personalized content based on offers and orders.
By seamlessly integrating and normalizing NDC offers, Sabre empowers travel agencies and corporate buyers with a streamlined platform for comparing, booking, and managing Emirates' NDC offers alongside traditional options. Leveraging advanced application programming interfaces (APIs), Sabre's flagship booking application for travel agencies, Sabre Red 360, and its online booking tool, GetThere, enable agency and corporate customers to shop, book and service Emirates' NDC offers. This content comprises personalized travel choices, enriched with dynamic pricing, ancillaries, and tailored solutions that adapt to the evolving preferences of travelers.
SOUTHLAKE, Texas, Nov. 22, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") today announced the initial results of the previously announced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") by Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, to exchange certain of its outstanding 11.250% Senior Secured Notes due 2027 (the "December 2027 Notes") and 8.625% Senior Secured Notes due 2027 (the "June 2027 Notes" and, together with the December 2027 Notes, the "Existing Notes" and each of them a "series" of Existing Notes) for up to $500 million (as such amount may be amended by Sabre GLBL in its sole discretion, the "Maximum Exchange Amount") in aggregate principal amount of Sabre GLBL's new 10.750% Senior Secured Notes due 2029 (the "New Notes"), upon the terms and subject to the conditions described in the confidential offering circular, dated November 7, 2024, as amended by this press release (as so amended, the "Offering Circular").
The addition of EVA Air advances Sabre's multi-source content strategy by expanding booking options for travel agencies
SOUTHLAKE, Texas and SINGAPORE and TAIPEI CITY, Taiwan , Nov. 21, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced New Distribution Capability (NDC) connectivity from Star Alliance member and five-star SKYTRAX airline, EVA Air, through Sabre's global multi-source content platform.
After a successful pilot phase leading to sales growth for launch partner Internova Travel Group, Sabre Red Launchpad is now being rolled out for new and independent travel agents
SOUTHLAKE, Texas, Nov. 13, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, is launching Sabre Red Launchpad™ to simplify booking travel. Building on promising results from its pilot phase, the professional grade, user-friendly interface provides agents with easy access to AI-powered capabilities and multi-source content, without the need for deep Global Distribution System expertise.
SOUTHLAKE, Texas, Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") today announced that Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, has commenced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") to exchange certain of its outstanding 11.250% Senior Secured Notes due 2027 (the "December 2027 Notes") and 8.625% Senior Secured Notes due 2027 (the "June 2027 Notes" and, together with the December 2027 Notes, the "Existing Notes" and each of them a "series" of Existing Notes) for up to $500 million (as such amount may be amended by Sabre GLBL in its sole discretion, the "Maximum Exchange Amount") in aggregate principal amount of Sabre GLBL's new 10.750% Senior Secured Notes due 2029 (the "New Notes" and together with the Existing Notes, the "Securities"), upon the terms and subject to the conditions described in the confidential offering circular, dated as of November 7, 2024, for the Exchange Offers (as it may be amended or supplemented, the "Offering Circular"). The primary purpose of the Exchange Offers is to improve the Company's maturity profile by extending the maturity date of the indebtedness represented by the Existing Notes from 2027 to 2029.
Collaboration brings SynXis® platform and global GDS/IDS connectivity and alternative distribution channels for up to 1,200 independent hotels and resorts globally with a focus on driving growth in the United Arab Emirates, Turkey, Qatar, and Saudi Arabia
SOUTHLAKE, Texas and ISTANBUL, Nov. 7, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new partnership with BookLogic, a leading hotel & travel technology platform known for increasing accommodation revenues and profitability. This collaboration, which marks a significant step in expanding the global distribution and retailing capabilities of both companies, focuses on driving growth in the Middle East and Africa (MEA) regions, with particular emphasis on United Arab Emirates (UAE) and Turkey as well as Qatar and Saudi Arabia. This partnership reflects both companies' commitment to regional growth and innovation.
Sabre-connected agencies can now book NDC content from India's flagship carrier
SOUTHLAKE, Texas and SINGAPORE and NEW DELHI, India, Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a major milestone in air travel distribution for India, with the launch of New Distribution Capability (NDC) content for Air India, the country's flagship airline.
As part of Air India's strategic modernization efforts, the introduction of NDC offers through Sabre will enhance the way Sabre-connected travel agents shop, book and service Air India reservations. Sabre's NDC capabilities, a core component of its multi-source content platform, will provide agencies with rich content and real-time offers from Air India, ultimately, giving travelers greater transparency, choice, and flexibility.
SOUTHLAKE, Texas, Nov. 4, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced the launch of SynXis Insights, an advanced data and analytics tool designed to empower hoteliers with actionable insights to drive decision-making and optimize performance.
SynXis Insights simplifies decision-making by providing a holistic view of SynXis reservation data with ready-made visualizations and daily data updates. This modern approach gives property and chain-level administrators access to performance metrics, significantly reduces manual effort, and eliminates the need for individual hotels to rely on central chains to share this information. By putting data directly in the hands of hoteliers, SynXis Insights enables faster, more informed decision-making and the implementation of data-driven, revenue-generating strategies.
SOUTHLAKE, Texas, Oct. 31, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2024. Sabre has posted its third quarter 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov.
As previously announced, Sabre will host a live webcast of its third quarter 2024 earnings conference call today at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com.
Ongoing collaboration will support joint strategic development, investment and commercial plans
Upon closing, Serko will acquire GetThere, Sabre's corporate online booking tool
SOUTHLAKE, Texas and AUCKLAND, New Zealand, Oct. 28, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) ("Sabre"), a leading software and technology company powering the travel industry, and Serko Limited (NZX & ASX: SKO) ("Serko"), a leading online travel technology company, announced today that they have entered into a definitive agreement, pursuant to which Serko will acquire GetThere L.P. ("GetThere"), Sabre's powerful business travel management solution.
Over 900 Premier Inn Hotels in the UK, Ireland, and Germany Now Available through Sabre's Content Services for Lodging Platform
SOUTHLAKE, Texas and LONDON, Oct. 24, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has announced a new distribution agreement with Premier Inn, the UK's largest hotel brand, ensuring travel buyers worldwide have access to Premier Inn's expansive lodging content.
With over 900 properties and more than 85,000 rooms across the UK and Ireland, as well as 10,500 rooms in Germany, Premier Inn's properties are now available through Sabre's GDS. This integration enables travel agencies to book Premier Inn properties within the same platform as other travel components and services, streamlining the booking process and enhancing the overall travel experience.
World Travel's commitment to superior customer service bolstered with Sabre's robust NDC infrastructure within a multi-source content platform
SOUTHLAKE, Texas, Oct. 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year distribution agreement with World Travel, Inc., one of the top 10 largest Travel Management Companies (TMC) in the United States.
The new agreement will allow thousands of World Travel agents to access the robust travel content available via Sabre's travel marketplace including NDC offers that are easy to shop, compare, book, and service alongside traditional EDIFACT content. The Sabre GDS aggregates, normalizes and distributes content from more than 400 airlines including both full-service and low-cost carriers, 2M+ lodging options, and hundreds of tour operators, rail, and car rental providers.
SOUTHLAKE, Texas, Oct. 17, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its third quarter 2024 earnings conference call on October 31, 2024 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com. A replay of the event will be available on the website for at least 90 days following the event.
Technology industry executive, Eric L. Kelly, to join its Board of Directors
SOUTHLAKE, Texas, Oct. 16, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading travel technology company, today announced that Technology industry veteran, Eric L. Kelly, has been elected to its Board of Directors, effective Jan. 1, 2025.
"We believe 2025 will be another important year for Sabre's technology evolution and look forward to having Eric join Sabre's Board at this key time," said Gail Mandel, Chair of Sabre's Board of Directors. "As a current and former chief executive at varying and complex technology companies, Eric brings extensive experience and thought leadership to our board."
South Korea's largest hotel group is deploying an extensive suite of Sabre Hospitality technology across its brands to further enhance distribution, reservation management, and guest experience capabilities
SINGAPORE and SEOUL, South Korea, Oct. 14, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, is now the primary reservation platform for LOTTE HOTELS & RESORTS.
This migration marks a major milestone for LOTTE HOTELS & RESORTS as they transition to the advanced capabilities of Sabre's SynXis Central Reservation System (CRS). The strategic move will streamline reservation processes and distribution capabilities across the LOTTE portfolio, while enhancing retailing opportunities, and supporting their growth ambitions in South Korea and internationally.
Saudi Arabia's newest flagship airline will deploy Sabre's AI-powered solutions at the forefront of the industry's transition to a more modern retailing approach
RIYADH, Saudi Arabia and SOUTHLAKE, Texas, Oct. 10, 2024 /PRNewswire/ -- Riyadh Air, poised to become one of the most forward-thinking airlines globally, has entered into a strategic agreement with Sabre Corporation (NASDAQ: SABR), a global leader in software and technology powering the travel industry. Through this partnership, Riyadh Air will adopt comprehensive SabreMosaic™ Offer Optimization technology that provides the intelligence to enable the airline's ambition to be the first carrier to operate on offer- and order-based technology across the entire retail spectrum from its first day of operations in 2025.
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