ISTANBUL and LONDON, June 12,
2019 /PRNewswire/ -- IATI, Turkey's leading online travel company and
travel services integrator, and Sabre Corporation (NASDAQ:
SABR), the leading technology provider to the global travel
industry, today announced a new agreement covering distribution
services and a range of Sabre's state-of-the-art IT solutions.
IATI's 38,000 travel agents in 80 countries will have access to
Sabre's GDS of more than 420 airlines, 750,000 hotels, and hundreds
of tour operators, rail, car and cruise providers, enabling them to
sell personalized travel packages from suppliers all over the
world. With a gamut of bookable content and fast response times,
Sabre's solutions will help ensure that IATI's agents can fulfill
their customers' shopping needs and enhance their travel
experiences with a wide range of branded fares and ancillaries. In
addition, IATI will leverage Sabre's post-booking automation and
revenue optimization tools to increase efficiency, reduce costs and
boost earnings.
Commencing operations in 2011, IATI offers connected travel
agents a modular, scalable and secure distribution technology
platform with easy-to-use interfaces and a sophisticated user
experience. Besides its home base, Turkey, the company serves
the online travel communities in Germany, Israel, Russia, Jordan, Egypt, Ukraine, Kazakhstan, Azerbaijan, Moldova, Georgia, Iraq, Lebanon, Saudi
Arabia, United Arab
Emirates, Libya and 45 more
countries across the globe.
"It's our goal to deliver the most efficient and user-friendly
solutions to travel agents and individual travelers as well as
suppliers," said Levent Aydın, IATI's chairman of the board. "We
are embarking on an ambitious international growth journey and I am
convinced that our new partnership with Sabre will empower both
parties to increase their geographical reach and to further
optimize the services and technology solutions we are providing to
our stakeholders."
With a 39 percent share in terms of number of passengers as of
April 2019, IATI is the leader in
Turkish travel services. Demonstrating its ability to steer the
business successfully through economic cycles, the company has
achieved an average annual growth rate in gross bookings of
approximately 55 percent since its founding eight years ago.
"With offices in eighty countries across the globe, IATI
combines local presence with a strong international growth
perspective," said Sean McDonald,
Sabre's vice president, Online. "We are excited to partner with
such a committed, forward-thinking partner who clearly understands
the role technology plays in delivering a seamless experience that
today's travelers are increasingly expecting."
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:
Jess
Matthias
sabrenews@sabre.com
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SOURCE Sabre Corporation