SOUTHLAKE, Texas, Feb. 14, 2022 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), a leading software and technology
company powering the global travel industry, and Hopper, one of the
world's fastest growing online travel agencies, today announced the
renewal and expansion of their long-term strategic technology
partnership.
Since 2012, Sabre has been a strategic partner of Hopper's,
helping the company deliver on its promise to save users time and
money and make travel planning easier. Given their strong
historical performance, today the two companies are committing to
further elevate their partnership for the next three years, by
making Sabre their primary global GDS and technology
partner. Both parties have already defined a joint roadmap and
will continue working closely to further evolve the online travel
marketplace and customer experience.
"Sabre believed in our vision when Hopper was in its infancy and
has continued to support us as our strategic retailing and
distribution partner since our beginning," said Fred Lalonde, CEO and co-founder of Hopper.
"Sabre's global distribution network along with its advanced
shopping APIs and ability to find the lowest fare was the
foundation that we built upon – adding our own proprietary AI-based
solutions. Together our innovations have made Hopper the stand-out
brand it is today. We look forward to our continued partnership
with Sabre as we work together to achieve Hopper's next-generation
services and solutions."
The number one downloaded travel app in the U.S. in 2021,
Hopper utilizes a broad spectrum of Sabre's technology including
low fare shopping APIs, post booking automation and shopping data
to deliver on their commitment to find the lowest fares for
customers and help them save money.
When travel was disrupted across the globe in 2020 and travelers
sought to cancel or modify travel plans, Sabre's post booking
automation technology allowed Hopper to service their customers
seamlessly and efficiently, driving cost savings which Hopper
reinvested for the benefit of their millions of app users across
the globe.
"We are thrilled to be a part of Hopper's success over the years
as its trusted technology partner," said Roshan Mendis, chief commercial officer of Sabre
Travel Solutions. "Even more important, we look forward to
continuing to invest in the online segment and our work with Hopper
to redefine the future of travel retailing through modern,
intelligent solutions."
As part of Hopper's technology strategy and building on their
long-term partnership, Sabre and Hopper are actively exploring
opportunities to continue to co-innovate on the future of travel
technology through Hopper Cloud.
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 traveller 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 Hopper
Hopper is the world's fastest-growing
mobile-first travel marketplace. By leveraging massive amounts of
data and machine learning, the company has developed several unique
fintech solutions that help customers save money and travel better.
Through its B2B initiative, Hopper Cloud, the company is
syndicating its fintech solutions, infrastructure, and agency
content. Whether it's pricing volatility or trip disruptions,
Hopper's proprietary suite of fintech solutions address every pain
point in the customer journey while driving conversion, repeat
purchases, and profitability. To find out more about Hopper,
visit www.Hopper.com.
SABR-F
Sabre Contacts:
Media
Kristin Hays, Senior Vice President,
Global
Communications
kristin.hays@sabre.com
Heidi Castle, Senior Director,
Global Communications
heidi.castle@sabre.com
Investors
Kevin
Crissey, Vice President, Investor Relations
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation