SOUTHLAKE, Texas, Jan. 13, 2021 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), a leading software and
technology provider powering the global travel industry, and
Preferred Hotels & Resorts today announced the renewal of their
strategic partnership through a long-term and expanded technology
agreement.
The renewal marks the latest chapter in the valued and
long-standing relationship between Sabre and Preferred Hotels &
Resorts, the world's largest independent hotel brand representing
more than 750 distinctive hotels, resorts, residences, and unique
hotel groups across 85 countries. This latest deal ensures that
Preferred Hotels & Resorts will have continued access to the
full suite of Sabre's hospitality solutions to support the
company's goal of expanding adoption of its I Prefer Hotel
Rewards program and expanding distribution of its properties within
its Preferred Residences collection.
"Sabre has long been our brand's valued technology provider, and
we are pleased to continue our partnership as we look to help fuel
the recovery of the hospitality industry," said Michelle Woodley, President of Preferred Hotels
& Resorts. "Together with Sabre, we are exploring new
opportunities to make Sabre's hospitality solutions including its
property management system available to our base of member hotels,
resorts, and residences around the world."
Under the agreement, Preferred Hotels & Resorts will
continue providing access to Sabre's SynXis Central Reservations
system, along with the SynXis Booking Engine, Digital Experience,
and Voice Agent solutions, among its five global collections to
help its member hoteliers control all reservations in real-time
from one scalable platform while increasing geographic reach,
boosting booking conversions, and enhancing the guest
experience.
"Preferred Hotels & Resorts is a marquee customer for Sabre
Hospitality, representing some of the best hotel brands in the
world," said Scott Wilson, president
of Sabre Hospitality Solutions. "Our long-standing relationship
with Preferred is a testament Sabre's commitment to customer
partnership, innovative technology and our demonstrated leadership
in the hospitality industry."
"We're delighted to announce our continued relationship with
Preferred Hotels & Resorts, which is testament to the
confidence that Preferred has in Sabre and affirms our long-lasting
partnership," said Ben Alves, vice
president & general manager – Americas of Sabre Hospitality
Solutions. "As the travel industry continues to navigate the
current industry conditions and move toward recovery, we are
committed to continuing to find new areas where Sabre solutions can
support the growth and expansion goals of this important
customer."
SynXis Central Reservations allows hoteliers to distribute rates
and inventory to 400 online channels across the world, including
all major GDS systems, as well as hundreds of online travel
agencies (OTAs), metasearch engines and call centres. Meanwhile the
SynXis Booking Engine offers built-in dynamic personalization along
with a full suite of digital services to increase consumer
engagement and convert browsers to bookings. Channel Connect
further simplifies and automates distribution, maximising exposure
to local, regional and global markets while SynXis Voice Agent
offers advanced tools to deliver a personalized experience through
guest recognition, facilitating the creation of tailored packages
and providing further opportunities for increased revenue per
transaction.
About Preferred Hotels & Resorts
Preferred Hotels
& Resorts is the world's largest independent hotel brand,
representing more than 750 distinctive hotels, resorts, residences,
and unique hotel groups across 85 countries. Through its five
global collections, Preferred Hotels & Resorts connects
discerning travelers to the singular luxury hospitality experience
that meets their life and style preferences for each occasion.
Every property within the portfolio maintains the high-quality
standards and unparalleled service levels required by the Preferred
Hotels & Resorts Integrated Quality Assurance Program.
The I Prefer™ Hotel Rewards program, Preferred
Residences℠, Preferred Pride℠, and Preferred Golf™ offer valuable
benefits for travelers seeking a unique experience. For more
information, visit www.PreferredHotels.com.
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. For more information, please visit www.Sabre.com.
SABR-F
Media Contacts:
Kristin Hays
Kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
Investor Contact:
Kevin Crissey
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation