Sabre

Sabre launches new AI-powered retailing solution to optimize airlines' premium cabin inventory

Retrieved on: 
Wednesday, September 27, 2023
Communication, PSS, Hopper, Intelligence, IQ, Sabre Corporation, SABR, Airline, Sabre

SOUTHLAKE, Texas, Sept. 27, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced its newest AI-powered retailing solution for airlines – Sabre Upgrade IQ™. A PSS-agnostic solution, Upgrade IQ can help airlines generate incremental and diversified revenue by optimizing the available inventory in their premium cabins, while elevating and streamlining the customer experience.

Key Points: 
  • SOUTHLAKE, Texas, Sept. 27, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced its newest AI-powered retailing solution for airlines – Sabre Upgrade IQ™.
  • A PSS-agnostic solution, Upgrade IQ can help airlines generate incremental and diversified revenue by optimizing the available inventory in their premium cabins, while elevating and streamlining the customer experience.
  • During beta testing, Upgrade IQ demonstrated the ability to deliver up to 20% uplift in incremental upgrade revenue by filling empty seats in premium cabins.
  • The latest solution in Sabre's Retail Intelligence suite , Upgrade IQ complements the company's existing airline retailing solutions including Air Price IQ™ and Sabre Ancillary IQ™.

Tier One Partners Celebrates 20th Anniversary

Retrieved on: 
Tuesday, September 26, 2023
UI, Digital, Howard University, Partner, Ally, Historically black colleges and universities, Tier, HubSpot, B2C, Creativity, IMC Content Studio, Communication, Sabre, UX, News, Tier 1, PR, BISU Visual Identity

BOSTON and CHICAGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Tier One Partners , a women-owned, award-winning, full-service PR, digital, and content agency, today celebrates its 20th anniversary.

Key Points: 
  • BOSTON and CHICAGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Tier One Partners , a women-owned, award-winning, full-service PR, digital, and content agency, today celebrates its 20th anniversary.
  • Throughout the years, Tier One expanded its capabilities to include a Content Studio staffed by copywriters, editors, digital marketers and graphic and UX/UI designers that help brands think and act like powerhouse publishers.
  • And in 2021, Tier One launched its Agile Insights & Analytics Practice to keep clients on the forefront, recognizing and predicting emerging macro trends in real time.
  • To help support the goal of driving diversity in the field of communications and in honor of our 20th anniversary, Tier One has made a donation to the Cathy Hughes School of Communication Annual Fund at Howard University, one of the country's leading HBCUs.

HO Sports Unveils Sabre Water Ski, Displacing Traditional Petroleum-Based Materials With Checkerspot’s Biobased Foam Core

Retrieved on: 
Tuesday, September 19, 2023
Environment, Research, Sports, Water Skiing, Engineering, Chemicals, Plastics, Manufacturing, Sustainability, Science, HO, Product management, Sport, Partnership, Petroleum, Biotechnology, Learning curve, Ho Sports Stadium, Alpine, Microalgae, Multimedia, Compressive strength, Snow, Water, Courage, Engineered wood, Marketing, Melitaeini, Sabre

This collaboration showcases Checkerspot’s cutting-edge advancements in biotechnology and materials science, enabling the production of high-performing, more sustainable water skis.

Key Points: 
  • This collaboration showcases Checkerspot’s cutting-edge advancements in biotechnology and materials science, enabling the production of high-performing, more sustainable water skis.
  • View the full release here: https://www.businesswire.com/news/home/20230918168004/en/
    The new Sabre Water Ski by HO Sports (Photo: John Yan)
    The Sabre is designed for intermediate to advanced skiers who want a versatile, stable, and smooth ride.
  • Its new biobased foam core was tailored to reduce overall weight while simultaneously delivering higher compressive strength.
  • The Sabre Water Ski, powered by Checkerspot's biobased materials, will be available for purchase at select retailers and online stores for the 2024 season.

Virgin Australia expands long-term partnership with Sabre by deploying intelligent retailing solutions powered by Sabre Travel AI™

Retrieved on: 
Tuesday, September 19, 2023
Heart, Partnership, Atmosphere, PSS, Virgin Australia, Sabre (travel reservation system), Retail Intelligence, Investment, SABR, Dynamics, Travel, Sabre Corporation, Airline, Sabre

SOUTHLAKE, Texas, Sept. 19, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has strengthened and expanded its relationship with Virgin Australia to allow the carrier to deliver improved retailing capability while supporting its growth objectives. Through Sabre's scalable, intelligent solutions, Virgin Australia will be able to create fares and offers alongside a future-focused distribution strategy to get those offers in front of the right buyers and travelers.  

Key Points: 
  • Through Sabre's scalable, intelligent solutions, Virgin Australia will be able to create fares and offers alongside a future-focused distribution strategy to get those offers in front of the right buyers and travelers.
  • "We've had a strong and highly successful relationship with Virgin Australia for many years, so we're delighted to build on that foundation with this augmented agreement," said Roshan Mendis, Chief Commercial Officer, Sabre Travel Solutions.
  • "Adding this suite of solutions will enable Virgin Australia to step into the future of modern airline retailing and demonstrates that Sabre technology is the choice of ambitious, future-focused airlines."
  • Powered by Sabre Travel AITM, these sophisticated solutions will enable Virgin Australia to use flight and market insights combined with advanced machine-learning models to move from static pricing rules to intelligent real-time airfare and ancillary offers.

EagleView Announces Organizational Changes, New Executive Leadership Team

Retrieved on: 
Thursday, September 14, 2023
Insurance, Unruh, General counsel, Kasowitz Benson Torres, Susquehanna Valley, Head, Comer, Sabre, Private practice, IP, Western Digital, Amazon, 7-Eleven, Emerging market, Machine learning, Artificial intelligence, Growth, Digital, SVP, Accenture, Management, Nationwide

Rochester, NY, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Eagle View Technologies, Inc, the leading aerial imagery and insights company, today announces changes to its executive leadership team.

Key Points: 
  • Rochester, NY, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Eagle View Technologies, Inc, the leading aerial imagery and insights company, today announces changes to its executive leadership team.
  • “We are experiencing an unprecedented moment of growth,” shared EagleView CEO Piers Dormeyer.
  • “And these organizational changes are reflective of our desire to have the talent necessary to expand the company’s remit and capacity.
  • In this role, Comer will focus on expanding the EagleView brand to ensure continued growth of the company.

Sabre Corporation Announces Settlement of the Exchange Offers for Certain Senior Secured Debt Securities Due 2025 and Issuance of New Notes Due 2027

Retrieved on: 
Thursday, September 7, 2023
Wardwell, Note, Senior, Initial exchange offering, Settlement date, SEC Rule 144A, Expiration date, BofA Securities, Exchange, Latham & Watkins, Person, Expiration, Sabre Corporation, SABR, CFO, Security (finance), News & Notes, Sabre

SOUTHLAKE, Texas, Sept. 7, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced the settlement 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, for any and all of its outstanding 7.375% Senior Secured Notes due 2025 (the "September 2025 Notes") and 9.250% Senior Secured Notes due 2025 (the "April 2025 Notes" and, together with the September 2025 Notes, the "Existing Notes" and each of them a "series" of Existing Notes), and the issuance of Sabre GLBL's new 8.625% Senior Secured Notes due 2027 (the "New Notes" and together with the Existing Notes, the "Securities").

Key Points: 
  • SOUTHLAKE, Texas, Sept. 7, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced the settlement 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, for any and all of its outstanding 7.375% Senior Secured Notes due 2025 (the "September 2025 Notes") and 9.250% Senior Secured Notes due 2025 (the "April 2025 Notes" and, together with the September 2025 Notes, the "Existing Notes" and each of them a "series" of Existing Notes), and the issuance of Sabre GLBL's new 8.625% Senior Secured Notes due 2027 (the "New Notes" and together with the Existing Notes, the "Securities").
  • The Exchange Offers expired at 5:00 p.m., New York City time, on September 5, 2023 (the "Expiration Date").
  • In total, approximately $787 million and $66 million of September 2025 Notes and April 2025 Notes, respectively, were exchanged by Sabre GLBL on September 7, 2023 (the "Settlement Date").
  • On the Settlement Date, Sabre GLBL issued approximately $853 million in New Notes and paid approximately $115 million in cash to Eligible Holders (as defined below) whose Existing Notes were accepted for exchange in the Exchange Offers.

Travel Leaders' International Network of Independent Travel Agencies Appoints New Regional Sales Manager for Latin America

Retrieved on: 
Wednesday, August 23, 2023
Sabre Corporation, Travel, Information technology, FedEx, American Express, Sabre, Chloride, BCD Group, Knowledge, Nike, Cardoso, Pfizer, Airline, Sales

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- A travel industry professional with more than 30 years of experience working with major business clients has been appointed to serve as a regional sales manager in Latin America for Travel Leaders' international network of independent travel agencies.

Key Points: 
  • NEW YORK, Aug. 23, 2023 /PRNewswire/ -- A travel industry professional with more than 30 years of experience working with major business clients has been appointed to serve as a regional sales manager in Latin America for Travel Leaders' international network of independent travel agencies.
  • These business travel solutions include travel planning and fulfillment, meetings management and travel data analytics.
  • Cardoso will report to Carina Fernández Grenno, Vice President Latin America Region & Canada, Partner Management & Sales for Travel Leaders, part of Internova Travel Group, one of the world's largest travel services companies.
  • Cardoso has worked as a sales manager and corporate services manager with several leading companies in the travel and tourism industry.

Accuris Names Richard Smith as Chief Financial Officer

Retrieved on: 
Monday, August 21, 2023
Engineering, Data Management, Technology, Manufacturing, Software, Artificial Intelligence, Software as a service, Smith, Sabre, KKR, Active networking, CFO, Growth, Transport, Management, Formstack, Accounting

Accuris today announced that Richard Smith has been named the company’s first Chief Financial Officer (CFO), effective immediately.

Key Points: 
  • Accuris today announced that Richard Smith has been named the company’s first Chief Financial Officer (CFO), effective immediately.
  • Smith brings more than a decade of financial leadership experience to Accuris, having consistently driven profitable growth and operational improvement at market-leading technology companies backed by leading private equity firms.
  • “Rich has an extraordinary and varied background that allows him to drive success everywhere he goes,” said Accuris CEO Claude Pumilia.
  • “Accuris has a truly unique opportunity to transform an important segment of the innovation economy,” said Smith.

Sabre and Scandinavian Airlines expand relationship to include NDC content for Sabre-connected agents worldwide

Retrieved on: 
Monday, August 21, 2023
Product management, Travel, NDC, SAS, Jovian Auroral Distributions Experiment, Digital transformation, GDS, SABR, Ecosystem, Sabre Corporation, Airline, Online shopping, Sabre, Scandinavian Airlines

SOUTHLAKE, Texas, Aug. 21, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a multi-year distribution agreement that expands its long-standing relationship with Scandinavian Airlines (SAS).

Key Points: 
  • The agreement ensures Sabre-connected agencies can retain competitive access to SAS's fares and offers through the extensive Sabre travel marketplace, while also giving SAS the ability to distribute future NDC content.
  • "We want to enable our travel agent partners to provide our customers with the best possible offers and experiences," said Kati Andersson, Vice President, Digital Transformation, Scandinavian Airlines.
  • Sabre's Beyond NDC program provides the technology infrastructure to expand offer- and order-based airline retailing in the indirect channel.
  • Once activated, Scandinavian Airlines will join more than 15 carriers that are already distributing their NDC content through Sabre's global distribution system (GDS).

Sabre Corporation Announces Early Participation Results of the Exchange Offers for Certain Senior Secured Debt Securities

Retrieved on: 
Monday, August 21, 2023
Computershare, Note, Initial exchange offering, Settlement date, SEC Rule 144A, Expiration date, Exchange, Eligibility, Person, Expiration, Sabre Corporation, Offering circular, Exchange offer, Regulation, Security (finance), Life insurance, News & Notes, Sabre

Any waiver of a condition by Sabre GLBL will not constitute a waiver of any other condition.

Key Points: 
  • Any waiver of a condition by Sabre GLBL will not constitute a waiver of any other condition.
  • Sabre GLBL reserves the right to extend, amend or terminate any Exchange Offer for any reason or for no reason.
  • Sabre GLBL will not receive any cash proceeds from the Exchange Offers and will not incur additional indebtedness in excess of the aggregate principal amount of Existing Notes that are exchanged in the Exchange Offers.
  • Only Eligible Holders are authorized to receive or review the Offering Circular or to participate in the Exchange Offers.