SOUTHLAKE, Texas, July 14, 2016 /PRNewswire/ -- A smarter
business travel experience is coming soon as Sabre Corporation
(NASDAQ: SABR) announced today it is developing an integrated
product platform to power itinerary management, policy compliant
booking mid-trip, and payment and expense management, all on the
traveler's mobile device.
Sabre is integrating several best-in-class products into one
intuitive mobile platform: the leading online booking capabilities
of GetThere, the award-winning itinerary management of TripCase,
Sabre's innovative Virtual Payments solution, as well as
relationships with industry leading expense management services.
The new solution will simplify the travel management process and
enhance business traveler satisfaction while improving corporate
travel program compliance and reducing costs for corporations.
Managing highly-complex travel programs requires flexibility and
scalability. And Sabre's product platform is an industry-leading
solution, providing the ability to integrate with any expense
provider, giving the long-term flexibility of an open environment.
Corporations and travelers benefit from a seamless import of their
booking, payment, and expense data into their preferred
expense management solution.
"Controlling and managing travel expenses is important for any
corporation. But that's not enough," said Clinton Anderson, senior vice president of
strategy and traveler experience for Sabre. "Travel is a
significant corporate investment. Companies need to maximize the
value of that investment by using technology that will make
business travel easier for the travelers and smarter for the
corporation."
Enhancing the traveler experience throughout the trip is a key
objective of the solutions integrated into the product
platform. A new traveler survey, The Digital Business
Traveler, recently launched by Sabre and the GBTA Foundation,
explores how business travelers use technology. The results show
that business travelers look to technology to make business travel
an easier, more seamless experience but they are forced to use
multiple apps and services to manage their trip from beginning to
end. Sabre's objective is to provide a single place to manage all
trips.
"As the GBTA study shows, the proliferation of corporate travel
tools and apps creates challenges for both the traveler and the
travel program. That's why we're making a significant investment in
a new integrated platform to provide one seamless experience. It's
going to be a better experience for the business traveler. And
because it helps them be more compliant and lower transaction
costs, it's a better solution for travel managers, too. It's a
solution that our industry needs and we're excited to be leading
the charge," said Anderson.
About Sabre Corporation
Sabre Corporation is the leading technology provider to the
global travel industry. Sabre's software, data, mobile and
distribution solutions are used by hundreds of airlines and
thousands of hotel properties to manage critical operations,
including passenger and guest reservations, revenue management,
flight, network and crew management. Sabre also operates a leading
global travel marketplace, which processes more than US$120 billion of global travel spend annually by
connecting travel buyers and suppliers. Headquartered in
Southlake, Texas, USA, Sabre
serves customers in more than 160 countries around the world.
Forward-Looking statements
Certain statements in this release are forward-looking
statements about trends, future events, uncertainties and our plans
and expectations of what may happen in the future. Any statements
that are not historical or current facts are forward-looking
statements. In many cases, you can identify forward-looking
statements by terms such as "will," "intend," "expect,"
"anticipate" or the negative of these terms or other comparable
terminology. Forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results, performance or achievements to be materially different
from any future results, performances or achievements expressed or
implied by the forward-looking statements. The potential risks and
uncertainties include, among others, the timing and results of the
development of the platform described in this release, dependency
on transaction volumes in the global travel industry, particularly
air travel transaction volumes, the financial and business effects
of acquisitions, including integration of these acquisitions,
adverse global and regional economic and political conditions,
including, but not limited to, economic conditions in countries or
regions with traditionally high levels of exports to China or that have commodities-based
economies, risks arising from global operations, exposure to
pricing pressure in the Travel Network business, the implementation
and effects of new agreements, dependence on maintaining and
renewing contracts with customers and other counterparties,
dependence on relationships with travel buyers, changes affecting
travel supplier customers, travel suppliers' usage of alternative
distribution models, and competition in the travel distribution
market and solutions markets. More information about potential
risks and uncertainties that could affect Sabre's business and
results of operations is included in the "Risk Factors" and
"Forward-Looking Statements" sections in Sabre's Annual Report on
Form 10-K for the year ended December 31,
2015, in "Risk Factors" in Sabre's Quarterly Report on Form
10-Q for the quarter ended March 31,
2016, and in subsequent public statements or reports filed
with or furnished to the Securities and Exchange Commission.
Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee
future events, results, actions, levels of activity, performance or
achievements. Readers are cautioned not to place undue reliance on
these forward-looking statements. Unless required by law, we
undertake no obligation to publicly update or revise any
forward-looking statements to reflect circumstances or events after
the date they are made.
SABR-F
MEDIA CONTACT
Daniel Duarte
Sabre, Corporate Public Relations
Daniel.Duarte@sabre.com
+1 (214) 236-9473
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SOURCE Sabre Corporation