SOUTHLAKE, Texas, Aug. 14, 2019 /PRNewswire/ -- Sabre Corporation
(NASDAQ: SABR), the leading technology provider to the global
travel industry, today announced its renewed agreement with
Despegar (NYSE: DESP), the leading online travel agency (OTA)
in Latin America. The multi-year
contract extension ensures Despegar's continued access to Sabre's
market-leading global distribution system (GDS), propelling the
OTA's service to an estimated 140 million unique visitors.
Despegar has a strong track record in Latin America, with a marketplace in 20
markets, representing 95% of the region's population. Through the
Sabre agreement, it will strengthen its position as a "one-stop
shop" to these consumers. Using Sabre's advanced and innovative air
shopping technology, Despegar will offer its travelers access to
content from hundreds of airlines worldwide, including a growing
range of ancillaries and branded fares, to enable them to build the
best unique traveler experience.
"It is a privilege to extend this relationship with Despegar,"
said Constantine Hallax, vice
president, Sabre Travel Network. "Throughout our partnership, our
goal has been to empower them to remain on the leading edge of the
online travel industry to best serve their customers. This aligns
strongly with our mission to create omni-channel solutions that our
partners can easily integrate and gain efficiencies through Sabre's
robust analytics and retailing solutions."
Despegar's complete Sabre portfolio will include powerful
data-driven business intelligence solutions, mobile services,
informational services and notification services for improved
customer shopping experiences. The OTA will also profit from the
speed of results the Sabre GDS delivers across the distribution
system's vast breadth of content.
"We have never wavered on renewing our relationship with Sabre,"
said Gonzalo Estebarena, CCO of Despegar. "As a market leader with
a global outlook, regional expertise and knowledge, and deep
customer engagement, Sabre understands the complexities that are
inherent in our business yet they reliably deliver technologies
that are easy for us to adopt and easy for our customers to value.
While we know our customers' needs and preferences will constantly
change, we have the assurance that Sabre is a steady partner that
will help us navigate them all."
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.
About Despegar
Despegar is the leading online travel company in Latin America. With 20 years in the market,
operates in 20 countries in the region, accompanying Latin
Americans from the moment they dream of traveling until they share
their memories. Thanks to the strong commitment to technological
development, Despegar offers a tailor-made experience for more than
18 million customers.
SABR-F
Media Contacts:
Heidi
Castle
Sabre
Heidi.Castle@sabre.com
Kristin Hays
Sabre
Kristin.Hays@sabre.com
sabrenews@sabre.com
Josefina Schaer
Despegar
Josefina.Schaer@despegar.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/despegar-latin-americas-top-online-travel-agency-signs-multi-year-agreement-extension-with-sabre-300901413.html
SOURCE Sabre Corporation