SOUTHLAKE, Texas, Aug. 30, 2018 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR) and Carlson Wagonlit Travel (CWT) have
announced a new long-term agreement that broadens their
long-standing business partnership and deepens the companies' close
collaboration on technological innovations being developed for
mutual growth and success.
For more than 25 years, Sabre has provided a broad portfolio of
retailing, distribution and fulfilment solutions to CWT across the
U.S., Canada and Latin America as well as key markets in
Europe, the Middle East, Africa and the Asia
Pacific region. This strategic agreement builds upon that
history with new initiatives that expand their business and
technological relationship and reinforces Sabre's role as a core
distribution partner for CWT.
"Enhancing our strategic partnership with Sabre is an important
step for CWT that reinforces our mutual growth," said Vince Chirico, senior vice president of global
network & technology partners for Carlson Wagonlit Travel. "We
expect to realize accelerated innovation, operational
simplification and gains in digital user experience as a result of
this expanded relationship."
Under the new agreement, Sabre will continue to provide and
enhance its leading GDS distribution services to CWT travel agents
and customers throughout North
America and in other regions as the company supports its
global corporate customers.
"We are completing our technology evolution to deliver the
world's most advanced travel platform, which enables us to offer
CWT faster innovation and more flexible solutions infused with
data-driven insights," said Wade
Jones, president of Sabre Travel Network. "We stand ready to
help CWT achieve its mission to grow and optimize their business,
while making business travel easier."
Earlier this month Sabre announced CWT as a launch partner in
the Beyond NDC program, which is a collaborative innovation
initiative chartered to drive the industry forward through the
development, integration and testing of end-to-end capabilities to
process NDC-enabled offers and orders.
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.
SABR-F
Media Contact:
Heidi Castle, Sabre
+1 682-605-4290
Heidi.castle@sabre.com
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SOURCE Sabre Corporation