Sabre

Sabre announces upcoming webcast of second quarter 2023 earnings conference call

Retrieved on: 
Tuesday, July 25, 2023
Webcast, Sabre Corporation, Comment, SABR, Online shopping, Sabre

SOUTHLAKE, Texas, July 25, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its second quarter 2023 earnings conference call on August 3, 2023 at 9:00 a.m.

Key Points: 
  • SOUTHLAKE, Texas, July 25, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its second quarter 2023 earnings conference call on August 3, 2023 at 9:00 a.m.
  • 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.

Hyatt Selects Sabre to Enhance Central Reservation System Capabilities, Making the Search and Booking Process Faster for Guests

Retrieved on: 
Wednesday, July 19, 2023
Commercial Building & Real Estate, Technology, Construction & Property, Professional Services, Business, Software, Other Travel, Lodging, Vacation, Travel, Idea, Central reservation system, CRS, Calendar, Sabre, Multimedia, Heel, SABR, Empathy, NYSE, Automation, Hotel, Online shopping

Under this agreement, Sabre’s SynXis Central Reservation System will become the main Central Reservation System (CRS) for Hyatt hotels beginning in 2024.

Key Points: 
  • Under this agreement, Sabre’s SynXis Central Reservation System will become the main Central Reservation System (CRS) for Hyatt hotels beginning in 2024.
  • This integration will enhance Hyatt’s reservation capabilities, streamline its operations, and deliver a seamless and efficient experience for guests, including a faster search and booking process.
  • The agreement comes on the heels of Hyatt’s announcement of Hyatt PrO to optimize its revenue management system.
  • With the aim to continue these efforts, Hyatt is also exploring ways to further enhance property management system options.

MDO Names New CEO and Strengthens Leadership Team

Retrieved on: 
Tuesday, July 18, 2023
Online, Linda, Customer success, Professional services, Senior, Engineering, Chynoweth, MDO, Colonel Stone Johnson, Sabre, InTouch, Business intelligence, Forecasting, CFO, Principal, Planview, Okapi BM25, Risk management, Management, Retail, Software as a service, Altacast

BETHESDA, Md., July 18, 2023 /PRNewswire/ -- MDO (formerly myDigitalOffice), a hotel data platform that centralizes and operationalizes critical performance and financial data for hotel companies, is excited to announce the bolstering of its leadership team and the continued evolution of its product suite, debuting refined tools that will help hoteliers make more data-driven decisions to drive profitability.

Key Points: 
  • Niki Stone-Johnson, MDO
    Over the past few months, MDO has strengthened its senior leadership team with executives that combine decades of hospitality-specific technology experience with expertise in building modern and scalable software solutions.
  • Sudharshan Chary, co-founder of Datavision, acquired by MDO in 2022, will assume an executive advisory role and drive strategic initiatives.
  • Ryan Smith, CEO of InTouch, acquired by MDO this year, has transitioned into a leadership role on the MDO product team.
  • Niki Stone-Johnson, who joined MDO in 2022 after serving in several leadership roles at Sabre, has been named Chief Product Officer.

Sabre and HRS Crew & Passenger Solutions sign deal to support disrupted airline passengers through advanced automation

Retrieved on: 
Wednesday, July 12, 2023
Software as a service, Partnership, Crew, Senior, HRS, Meal, Human, CCO, SABR, Transport, SMS, Sabre Corporation, Airline, Sabre

SOUTHLAKE, Texas, July 12, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new agreement with HRS, a leading software as a service (SaaS) provider, to support airlines on their digitalization journey. By integrating HRS Crew & Passenger Solutions technologies with existing Sabre solutions, the two companies can provide airlines with innovative automation that delivers lodging and financial reimbursement services when disruptions impact passengers.  

Key Points: 
  • By integrating HRS Crew & Passenger Solutions technologies with existing Sabre solutions, the two companies can provide airlines with innovative automation that delivers lodging and financial reimbursement services when disruptions impact passengers.
  • HRS' Crew & Passenger Solutions compliments Sabre's existing expertise by enabling airlines globally to provide passengers with instantly bookable hotel accommodations, local transportation, meals, and monetary compensation directly when disruption strikes.
  • When a passenger's flight is disrupted, options are communicated via SMS, email, or voice call directly to a passenger's mobile device.
  • "Today's travelers have higher expectations than ever before," said Corrie DeCamp, Senior Vice President, Product Management for Sabre Travel Solutions.

Sabre acquires e-commerce provider Techsembly to expand and accelerate its hospitality retailing solutions

Retrieved on: 
Wednesday, July 5, 2023
Travel, Acquisition, SABR, Sabre Corporation, Software, Retail, Online shopping, Sabre

Techsembly offers a fully automated e-commerce solution enabling global hotels to manage multiple online property stores, products, and logistics on one centralized platform.

Key Points: 
  • Techsembly offers a fully automated e-commerce solution enabling global hotels to manage multiple online property stores, products, and logistics on one centralized platform.
  • "Sabre's agreement with Techsembly reaffirms our position as a leading global hotel commerce and distribution platform in the hospitality industry," said Scott Wilson, president of Sabre Hospitality.
  • Joining Sabre will allow us to expand and offer game-changing technology and increase our reach to more customers around the world," said Amy Read, Co-founder and CEO of Techsembly.
  • As part of the transaction, Sabre will welcome Techsembly's talented e-commerce experts and developers to the company.

Sabre adds sustainability data to flight searches using Google's CO2 emissions model

Retrieved on: 
Tuesday, June 27, 2023
Cloud, Partnership, Travel, GetThere, TIM, Carbon, SmartWay Transport Partnership, Sale, Google Cloud, Corporation, SABR, Sabre Corporation, Airline, Online shopping, Sabre

SOUTHLAKE, Texas, June 27, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading travel technology company that powers the global travel industry, announces a significant milestone in its focus on sustainability by integrating carbon emissions data into its point-of-sale tools for corporations and travel agencies. As part of Sabre's and Google's long-term partnership Sabre has integrated Google's Travel Impact Model (TIM) to display the carbon footprint of flights on its systems, thereby empowering travelers to make informed decisions about their trips.

Key Points: 
  • As part of Sabre's and Google's long-term partnership Sabre has integrated Google's Travel Impact Model (TIM) to display the carbon footprint of flights on its systems, thereby empowering travelers to make informed decisions about their trips.
  • Travel agency tool Sabre Red 360 has already integrated the emissions information and Sabre's corporate online booking tool GetThere is expected to implement the model towards the end of the year.
  • "Integrating emissions data from Google's Travel Impact Model is an important step in bringing sustainability information to the mainstream for corporate and leisure travelers," said Kristin Hays, Chief Communications and Corporate Responsibility Officer, Sabre.
  • "People should be able to understand the impact of their travel choices, and we are delighted to extend the reach of the Travel Impact Model through Sabre," added Sebnem Erzan, Head of Travel Sustainability & Transport Partnerships at Google.

Sabre takes hotel guest services to a new level by integrating WhatsApp with Nuvola

Retrieved on: 
Monday, June 26, 2023
Product management, WhatsApp, Abello, Sabre, Language, Traditional Chinese characters, Acquisition, PMS, SABR, SMS, Sabre Corporation, Hotel, Maestro, Nuvola

Hotels using Nuvola's Guest Chat module now have the option to choose between SMS messaging or WhatsApp to power their real-time communications with guests.

Key Points: 
  • Hotels using Nuvola's Guest Chat module now have the option to choose between SMS messaging or WhatsApp to power their real-time communications with guests.
  • With over two billion users across 180 countries, the integration with WhatsApp provides hoteliers with a powerful tool to offer a differentiated and seamless guest experience.
  • "Furthermore, if the hotel incorporates Nuvola Guest Chat or the Angel guest app, the information exchanged between the property management system (PMS) and Nuvola has the potential to improve the guest experience and increase the hotel's guest satisfaction score."
  • Last year, Sabre announced the acquisition of Nuvola and has since continued to invest in the technology.

Sabre appointed as dnata Travel Group's preferred technology partner

Retrieved on: 
Tuesday, June 20, 2023
Partnership, Travel, Microsoft Partner Network, GCC, Sabre, History, NDC, SABR, Growth, Northstar Travel Group, Sabre Corporation, Software, Airline, Online shopping

SOUTHLAKE, Texas, June 20, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) – a leading provider of software and technology that powers the global travel industry – has signed a multi-year agreement with Dubai-based dnata Travel Group , the UAE's longest serving travel provider.

Key Points: 
  • SOUTHLAKE, Texas, June 20, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) – a leading provider of software and technology that powers the global travel industry – has signed a multi-year agreement with Dubai-based dnata Travel Group , the UAE's longest serving travel provider.
  • The partnership will see Sabre support the travel company's strategic goals as its preferred technology partner.
  • Sabre and the dnata Travel Group already share a long-term commitment to innovation through travel technology, and the new deal will represent an extended, broader relationship between the two companies in the Middle East.
  • "With evolving customer expectations and complex market dynamics, Sabre has been our partner of choice for over 12 years," said Simon Woodford, VP Global Air Services, dnata Travel Group.

Sabre Announces Successful Completion of Previously Announced Private Financing and Settlement of Cash Tender to Strengthen Balance Sheet and Improve Free Cash Flow

Retrieved on: 
Tuesday, June 13, 2023
Wardwell, Partnership, Travel, PIK, Senior, SABR, Norton Rose Fulbright, Paul, Weiss, Rifkind, Wharton & Garrison, Sabre Corporation, Bank, Sabre, Centerbridge Partners

The transaction enables the company to strengthen its balance sheet by refinancing and extending a significant portion of its capital structure's 2025 maturities and provides financial flexibility and improved free cash flow via a payment-in-kind (PIK) interest toggle through 2025.

Key Points: 
  • The transaction enables the company to strengthen its balance sheet by refinancing and extending a significant portion of its capital structure's 2025 maturities and provides financial flexibility and improved free cash flow via a payment-in-kind (PIK) interest toggle through 2025.
  • "We are pleased to be a capital partner to Sabre, helping to strengthen its balance sheet by refinancing a significant portion of its nearest-dated maturity," said Gavin Baiera, Senior Managing Director at Centerbridge.
  • Perella Weinberg Partners LP acted as financial advisor and Davis Polk & Wardwell LLP and Norton Rose Fulbright LLP acted as legal counsel to Sabre on the transaction.
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP and Allen & Overy LLP acted as legal counsel to Centerbridge.

Sabre and Air Canada form strategic distribution and retailing partnership

Retrieved on: 
Tuesday, June 13, 2023
Partnership, Travel, Air Canada, Distributed cost, Marketing, NDC, A321XLR, Atmosphere of Earth, Investment, A220, Airbus A220, SABR, Airbus, Digital, Sabre Corporation, Airline, Sabre

Under the agreement, Sabre will be able to provide agencies with significantly improved content and offers from Air Canada, including the airline's dynamically priced fares and new ancillary services.

Key Points: 
  • Under the agreement, Sabre will be able to provide agencies with significantly improved content and offers from Air Canada, including the airline's dynamically priced fares and new ancillary services.
  • Canada's flagship carrier Air Canada is actively working with Sabre on the launch of the airline's NDC offers in the Sabre travel marketplace.
  • Once Air Canada's NDC connection to Sabre is live, the Distribution Cost Recovery previously announced by Air Canada will be waived for Sabre-connected travel agencies using this path.
  • We share this vision with Air Canada and support its ambitious retailing and distribution goals, while ensuring agencies will benefit from the ample choice, efficiency and transparency of the Sabre Travel Marketplace," said Roshan Mendis, Chief Commercial Officer for Sabre Travel Solutions.