SOUTHLAKE, Texas, April 8, 2021 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), the leading software and
technology provider that powers the global travel industry, and
JetBlue Airways, a major carrier in the U.S., today announced the
airline's successful technology migration to Sabre's Revenue
Optimizer solution.
Airline pricing and availability has depended on large volumes
of historical booking and pricing data. However,
COVID-19 has resulted in an unprecedented change in market
supply and demand, making this data less reliable. Sabre Revenue
Optimizer helps airlines adapt to changing market conditions based
on the latest real-time market activity.
JetBlue continues to navigate the new travel environment with a
steady hand and a long-term view on recovery.
"Today's travel environment is still very fluid, and we look
forward to continue working with Sabre. Further leveraging Revenue
Optimizer's capabilities will enable us to drive revenue and set
optimal price-point availability, providing analysts with real-time
data to better support decision making and performance analysis,"
said Dave Clark, vice president of
revenue management at JetBlue Airways.
The Revenue Optimizer solution equips JetBlue with an
industry-leading product that uses intelligent decision support,
customer choice-based demand forecasting and competitive
intelligence to enable a 360-degree approach to optimizing revenue
streams.
"We are thrilled that JetBlue Airways implemented Sabre Revenue
Optimizer to better forecast, analyze and optimize its revenue
streams," said Roshan Mendis, chief
commercial officer, Sabre Travel Solutions. "By breaking down data
silos that may exist across airline systems, this solution offers
unmatched commercial planning integration leading to potential
opportunities for increased revenues."
Revenue Optimizer is a scalable Cloud-native solution that
seamlessly supports the future evolution of dynamic pricing. It's a
key building block toward achieving Sabre's 2025 vision of
creating a new market for personalized travel.
About Sabre Corporation
Sabre Corporation is a leading software and technology company
that powers the global travel industry, serving a wide range of
travel companies including airlines, hoteliers, travel agencies and
other suppliers. The company provides retailing, distribution and
fulfilment solutions that help its customers operate more
efficiently, drive revenue and offer personalized traveler
experiences. Through its leading travel marketplace, Sabre connects
travel suppliers with buyers from around the globe. Sabre's
technology platform manages more than $260B worth of global travel spend annually.
Headquartered in Southlake, Texas,
USA, Sabre serves customers in more than 160 countries around the
world. For more information visit www.sabre.com.
About JetBlue Airways
JetBlue is New York's Hometown Airline®, and a leading
carrier in Boston, Fort Lauderdale-Hollywood, Los
Angeles, Orlando, and San Juan. JetBlue carries customers
across the U.S., Caribbean, and Latin America. For
more information, visit jetblue.com.
SABR-F
Media Contacts:
Kristin
Hays
kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
sabrenews@sabre.com
Investors
Kevin
Crissey
kevin.crissey@sabre.com
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SOURCE Sabre Corporation