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SABR Sabre Corporation

3.245
0.115 (3.67%)
Last Updated: 19:24:42
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sabre Corporation NASDAQ:SABR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.115 3.67% 3.245 3.24 3.25 3.26 3.13 3.13 1,845,227 19:24:42

Sabre signs agreement with Infiniti Software Solutions to deliver leading group revenue management software

17/09/2015 1:00pm

PR Newswire (US)


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LONDON, Sept. 17, 2015 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, has signed an agreement with Infiniti Software Solutions, India's leading supplier of travel technology solutions for airline, corporate and agency customers.

Under the strategic agreement, Sabre will leverage Infiniti's flagship software for group revenue management to further automate and expand capabilities within the Sabre AirVision Commercial Planning suite.

This solution will enable agencies and travel buyers to utilize seamless, self-sufficient tools that empower fulfillment, multiple payment options and the capacity to monitor and track group booking requests. In addition, the robust and configurable tool facilitates optimization of group revenue management across all revenue streams including fares, ancillaries and partnerships.

"Since the start of this agreement, Sabre has worked closely with Infiniti to deliver a solution that will drive value for global airlines," said Darren Rickey, vice president of Sabre AirVision. "This innovative technology is equipped with advanced, next-generation group revenue management capabilities that will effectively expedite business decision-making processes and help airlines realize total revenue optimization."

"Infiniti and Sabre are committed to bringing this best-in-class solution to market that offers enhanced capabilities and unparalleled performance," said Ananth Narasimhan, CEO of Infiniti Software Solutions. "Sabre's new solution utilizes our state-of-the-art technology to deliver on the promise of a more efficient and powerful group reservation solution."

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 $110 billion of estimated 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 Infiniti Software Solutions

Infiniti Software Solutions Pvt. Ltd. offers online travel management solutions. The company provides corporate travel, revenue, and expense management; automated ticketing; and e-ticket tracking tools. It offers Atyourprice, a business travel management solution; CrAFT, a revenue management solution; ExpenseOut, an expenses management solution; and GroupRM, a group sales management solution. The company caters to corporate, airlines, and agencies. Infiniti Software Solutions Pvt. Ltd. was founded in 2005 and is headquartered in Chennai, India.

SABR-G

MEDIA CONTACT
Daniel Duarte
Sabre, Corporate Public Relations
Daniel.Duarte@sabre.com
+1 214-236-9473

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Copyright 2015 PR Newswire

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