SILICON VALLEY, Calif., and
SOUTHLAKE, Texas,
July 6, 2022 /PRNewswire/
-- Sabre Corporation (NASDAQ: SABR), a leading software
and technology company powering the global travel industry, today
announced its partnership with Plug and Play's Travel &
Hospitality program headquartered in the heart of Silicon
Valley.
Plug and Play is a global innovation platform that brings
together the best startups with the world's largest corporations.
Through this partnership, Sabre will enhance its visibility and
gain early access to the global startup community.
"Over the past years, we have accelerated our focus on
innovation, both internally and together with strong partners,"
said Sundar Narasimhan, President
Sabre Labs & Product Strategy. "Our collaboration with Plug and
Play is another milestone on this journey and we are very excited
to engage with their world-class community of forward-thinking,
driven entrepreneurs to shape the future of travel."
Plug and Play's Travel & Hospitality program launched in
2016 and has since expanded to six locations around the world.
Since its inception, the Travel program has accelerated over 250
startups and worked with some of the most innovative corporations
in the industry. With this partnership, Plug and Play's goal is to
complement Sabre's innovation roadmap through vetted introductions
to promising travel technologies that will seek to ultimately
translate to a faster recovery for the industry while improving the
traveler's overall journey.
"When it comes to insights regarding the entire travel
ecosystem, Sabre has demonstrated their commitment to diverse and
in-depth products that touch many of our travel and hospitality
partners and their customers," said Saeed
Amidi, CEO & Founder, Plug and Play. "Sabre's commitment
to digital transformation is exemplified by the innovative work
coming out of Sabre Labs, their support in the startup community as
well as their work with forward-thinking partners both inside and
outside of travel. This partnership came into fruition at a perfect
inflection point for the travel industry's recovery."
About Plug and Play
Plug and Play is the leading
innovation platform, connecting startups, corporations, venture
capital firms, universities, and government agencies. Headquartered
in Silicon Valley, we're present in 35+ locations across five
continents. We offer corporate innovation programs and help our
corporate partners in every stage of their innovation journey, from
education to execution. We also organize startup acceleration
programs and have built an in-house VC to drive innovation across
multiple industries where we've invested in hundreds of successful
companies including Dropbox, Guardant Health, Honey, Lending Club,
N26, PayPal, and Rappi. For more information, visit
https://www.plugandplaytechcenter.com/
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.
Media Contact: Jordan Bray,
j.bray@pnptc.com
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SOURCE Plug and Play