Plug and Play Welcomes Sabre as its Newest Travel and Hospitality Partner

Rhea-AI Summary

Sabre Corporation (NASDAQ: SABR) has partnered with Plug and Play's Travel & Hospitality program to enhance its innovation capabilities within the travel industry. This collaboration aims to improve Sabre's visibility and provide access to emerging startups focused on travel technologies. As stated by Sabre President Sundar Narasimhan, this partnership is a significant step in their ongoing innovation journey. Plug and Play has accelerated over 250 startups since 2016, and this alliance is expected to contribute to the recovery of the travel industry while enhancing traveler experiences.

Positive

• Partnership with Plug and Play enhances Sabre's innovation capabilities.
• Access to a global startup community focused on travel technologies.
• Strengthens Sabre's visibility in the travel tech ecosystem.

Negative

• None.

SILICON VALLEY, Calif., and SOUTHLAKE, Texas, July 6, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, today announced its partnership with Plug and Play's Travel & Hospitality program headquartered in the heart of Silicon Valley. 

Plug and Play is a global innovation platform that brings together the best startups with the world's largest corporations. Through this partnership, Sabre will enhance its visibility and gain early access to the global startup community.

"Over the past years, we have accelerated our focus on innovation, both internally and together with strong partners," said Sundar Narasimhan, President Sabre Labs & Product Strategy. "Our collaboration with Plug and Play is another milestone on this journey and we are very excited to engage with their world-class community of forward-thinking, driven entrepreneurs to shape the future of travel."

Plug and Play's Travel & Hospitality program launched in 2016 and has since expanded to six locations around the world. Since its inception, the Travel program has accelerated over 250 startups and worked with some of the most innovative corporations in the industry. With this partnership, Plug and Play's goal is to complement Sabre's innovation roadmap through vetted introductions to promising travel technologies that will seek to ultimately translate to a faster recovery for the industry while improving the traveler's overall journey.

"When it comes to insights regarding the entire travel ecosystem, Sabre has demonstrated their commitment to diverse and in-depth products that touch many of our travel and hospitality partners and their customers," said Saeed Amidi, CEO & Founder, Plug and Play. "Sabre's commitment to digital transformation is exemplified by the innovative work coming out of Sabre Labs, their support in the startup community as well as their work with forward-thinking partners both inside and outside of travel. This partnership came into fruition at a perfect inflection point for the travel industry's recovery."

About Plug and Play
Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 35+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/

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.   

Media Contact: Jordan Bray, j.bray@pnptc.com

 

 

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SOURCE Plug and Play

FAQ

What is the significance of Sabre's partnership with Plug and Play?

The partnership aims to enhance innovation and improve Sabre's visibility while providing access to emerging travel technologies.

What is the role of Plug and Play in the partnership with Sabre?

Plug and Play serves as an innovation platform connecting Sabre with startups focused on the travel and hospitality sectors.

How many startups has Plug and Play accelerated since its inception?

Plug and Play has accelerated over 250 startups since launching its Travel & Hospitality program in 2016.

What are the potential benefits of this partnership for Sabre?

The partnership may lead to faster recovery for the travel industry and improved experiences for travelers.

When was the partnership between Sabre and Plug and Play announced?

The partnership was announced on July 6, 2022.