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Hopper expands strategic technology partnership with Sabre

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Sabre Corporation (NASDAQ: SABR) has announced an expanded strategic partnership with Hopper, a fast-growing online travel agency. This renewed collaboration, effective for the next three years, positions Sabre as Hopper's primary global GDS and technology partner, building on a successful relationship that began in 2012. The partnership aims to enhance customer experience through innovative technology solutions. Sabre's systems, including low fare shopping APIs and post booking automation, have been critical in managing travel disruptions and delivering savings to Hopper's users.

Positive
  • Sabre is now Hopper's primary global GDS and technology partner for the next three years.
  • The partnership has a long history dating back to 2012, indicating strong mutual trust and collaboration.
  • Sabre's technology has helped Hopper save costs and improve customer service, especially during travel disruptions.
Negative
  • None.

SOUTHLAKE, Texas, Feb. 14, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, and Hopper, one of the world's fastest growing online travel agencies, today announced the renewal and expansion of their long-term strategic technology partnership.

Since 2012, Sabre has been a strategic partner of Hopper's, helping the company deliver on its promise to save users time and money and make travel planning easier. Given their strong historical performance, today the two companies are committing to further elevate their partnership for the next three years, by making Sabre their primary global GDS and technology partner. Both parties have already defined a joint roadmap and will continue working closely to further evolve the online travel marketplace and customer experience.

"Sabre believed in our vision when Hopper was in its infancy and has continued to support us as our strategic retailing and distribution partner since our beginning," said Fred Lalonde, CEO and co-founder of Hopper. "Sabre's global distribution network along with its advanced shopping APIs and ability to find the lowest fare was the foundation that we built upon – adding our own proprietary AI-based solutions. Together our innovations have made Hopper the stand-out brand it is today. We look forward to our continued partnership with Sabre as we work together to achieve Hopper's next-generation services and solutions."

The number one downloaded travel app in the U.S. in 2021, Hopper utilizes a broad spectrum of Sabre's technology including low fare shopping APIs, post booking automation and shopping data to deliver on their commitment to find the lowest fares for customers and help them save money.

When travel was disrupted across the globe in 2020 and travelers sought to cancel or modify travel plans, Sabre's post booking automation technology allowed Hopper to service their customers seamlessly and efficiently, driving cost savings which Hopper reinvested for the benefit of their millions of app users across the globe.  

"We are thrilled to be a part of Hopper's success over the years as its trusted technology partner," said Roshan Mendis, chief commercial officer of Sabre Travel Solutions. "Even more important, we look forward to continuing to invest in the online segment and our work with Hopper to redefine the future of travel retailing through modern, intelligent solutions."

As part of Hopper's technology strategy and building on their long-term partnership, Sabre and Hopper are actively exploring opportunities to continue to co-innovate on the future of travel technology through Hopper Cloud.

About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveller experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.

About Hopper
Hopper is the world's fastest-growing mobile-first travel marketplace. By leveraging massive amounts of data and machine learning, the company has developed several unique fintech solutions that help customers save money and travel better. Through its B2B initiative, Hopper Cloud, the company is syndicating its fintech solutions, infrastructure, and agency content. Whether it's pricing volatility or trip disruptions, Hopper's proprietary suite of fintech solutions address every pain point in the customer journey while driving conversion, repeat purchases, and profitability. To find out more about Hopper, visit www.Hopper.com.

SABR-F

Sabre Contacts:

Media                                                                         
Kristin Hays, Senior Vice President, Global Communications                                              
kristin.hays@sabre.com                                                          

Heidi Castle, Senior Director, Global Communications
heidi.castle@sabre.com

Investors
Kevin Crissey, Vice President, Investor Relations
sabre.investorrelations@sabre.com   

Sabre logo. (PRNewsFoto/Sabre) (PRNewsFoto/SABRE)

 

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SOURCE Sabre Corporation

FAQ

What is the significance of the partnership between Sabre and Hopper?

The partnership enhances Hopper's technology capabilities and positions Sabre as their primary global GDS, improving customer experience.

When was the partnership between Sabre and Hopper established?

The partnership began in 2012 and has now been renewed for another three years.

How will Sabre's technology benefit Hopper's customers?

Sabre's technology, including low fare shopping APIs and post booking automation, helps Hopper find the best fares and manage booking disruptions.

What does NASDAQ: SABR refer to?

NASDAQ: SABR is the stock symbol for Sabre Corporation, a technology provider for the global travel industry.

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