Sabre Corp - SABR STOCK NEWS

Sabre Corporation (NASDAQ: SABR) announced a live webcast for its 2023 Annual Meeting of Stockholders on April 26, 2023, at 10:30 a.m. ET. Investors can access the event through the Investor Relations section of Sabre's website, with a replay available for 90 days. Additionally, a live webcast of the Q1 2023 earnings conference call is scheduled for May 4, 2023, at 10:00 a.m. ET, where management will discuss financial results and provide forward guidance. Sabre is a leading software and technology provider for the global travel industry, managing over $260 billion in annual travel spend and serving clients in over 160 countries.

Sabre Corporation (NASDAQ: SABR) has renewed its long-term distribution agreement with Thai Airways, enhancing its role as a key technology provider in the travel industry. This renewal allows Sabre-connected travel agencies to continue accessing Thai Airways’ content globally, ensuring the airline can effectively distribute fares and offers. Additionally, Thai Airways will utilize Sabre's data consultancy services to identify market recovery and growth opportunities as it resumes international flights. With Thailand exceeding tourist targets, especially from the Chinese market, the partnership is positioned to support Thai Airways’ recovery efforts. Sabre's expertise in booking data will assist the airline in navigating the post-pandemic landscape.

Sabre Corporation (NASDAQ: SABR) announced the integration of United Airlines' NDC content into its global distribution system (GDS), enabling travel buyers to access enhanced offers and services. This marks the launch of United's NDC offers, making it the 10th airline integrated with Sabre's NDC solutions, which are now available in over 70 countries. The Sabre Offer and Order APIs will facilitate dynamic pricing and personalized offers, enhancing the travel booking experience. This development aims to modernize travel retailing and distribution, offering agencies more descriptive information and improved booking capabilities. The technology underlying Sabre’s platform manages over $260 billion in global travel spend annually, connecting travel suppliers with buyers worldwide.

On April 4, 2023, Sabre Corporation (NASDAQ: SABR) announced the renewal of its global distribution agreement with Virgin Atlantic. This expanded agreement will enhance the content available to Sabre-connected agencies, allowing better access to Virgin Atlantic’s products. The partnership aims to elevate the airline's global distribution strategy and improve customer booking experiences. The deal underscores Sabre's commitment to technology development that supports retailing and distribution for travel suppliers and buyers. Sabre manages over $260B in global travel spend annually, serving clients in 160 countries.

Sabre Corporation (NASDAQ: SABR) has partnered with American Airlines to enhance travel booking options through the introduction of American's NDC content on Sabre's global distribution system (GDS). Starting April 3, travel buyers using Sabre's platforms will access various NDC offers, including premium fares and enhanced service options. This initiative aims to modernize retailing in travel, providing a tailored experience for customers while creating new business opportunities for American Airlines and its retail partners. The integration marks a significant step in advancing NDC distribution in the travel industry.

Sabre Corporation (NASDAQ: SABR) announced a partnership with Capillary Technologies on March 22, 2023, to integrate advanced loyalty management solutions into Sabre's platforms for airlines and hoteliers. This collaboration aims to enhance customer loyalty through real-time analytics and personalized experiences. The integration will provide insights into customer data, creating new revenue opportunities while improving traveler engagement across the entire journey. Capillary's solutions will be incorporated into Sabre products, including SabreSonic and SynXis, allowing businesses to respond swiftly to evolving traveler needs in a post-pandemic landscape.

Almatar Travel Group, a leading travel company in Saudi Arabia, has partnered with Sabre Corporation (NASDAQ: SABR) to implement advanced technology solutions aimed at enhancing operational efficiency and payment strategies. The agreement, announced at the Saudi Tourism Forum in Riyadh, allows Almatar to utilize Sabre's extensive travel content and innovative platform, Sabre Red 360, to improve its offerings and compete effectively in the region. Almatar plans to advance its B2B payments with Sabre Virtual Payments for better automation and security, aligning with Saudi Vision 2030's goal of boosting tourism.

Sabre Corporation (NASDAQ: SABR) has launched its AI-based solution, Sabre Ancillary IQ™, in partnership with GOL Linhas Aéreas, Brazil's largest airline. This innovative tool aims to enhance traveler experiences by dynamically personalizing offers and optimizing ancillary revenue opportunities for airlines. The initial phase will focus on seat upgrades, with additional ancillaries available later this year. The partnership marks an expansion of Sabre's solutions for GOL, which already includes various tech offerings to enhance operational efficiency and revenue management.

Sabre Corporation (NASDAQ: SABR) has announced the availability of Finnair's New Distribution Capability (NDC) content through its global distribution system, following a renewed long-term agreement. Beginning March 2023, Finnair's NDC content will be rolled out in phases across 34 countries, allowing Sabre-connected agencies to access this content via various tools, including Sabre Red 360. This initiative aims to enhance personalized travel experiences. Notably, Finnair is the first European airline to distribute NDC content through Sabre. The partnership emphasizes Sabre's commitment to improving operational efficiency and meeting evolving customer needs.