Sabre renews technology agreement with Hilton Worldwide
SOUTHLAKE, Texas, July 9, 2014 /PRNewswire/ -- Sabre Corporation, (NASDAQ: SABR) a global technology provider to the travel and tourism industry, has renewed its technology agreement with Hilton Worldwide to market and sell its inventory in the Sabre global distribution system (GDS).
Hilton Worldwide is one of the largest and fastest growing hospitality companies in the world, with 4,112 hotels, resorts and timeshare properties comprising more than 685,000 rooms in 92 countries and territories. Hilton's premier portfolio of brands includes luxury hotel brands, Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts; full-service hotel brands, Hilton Hotels & Resorts, DoubleTree by Hilton and Embassy Suites Hotels; focused-service hotel brands, Hilton Garden Inn and Hampton; extended stay brands, Homewood Suites by Hilton and Home2 Suites by Hilton; as well as Curio – A Collection by Hilton and timeshare brand, Hilton Grand Vacations.
"Sabre provides tremendous value to Hilton Worldwide with its expansive global reach and access to millions of travelers," said Paula Christy, vice president distribution channel management, Hilton Worldwide.
The Sabre travel marketplace unites buyers and sellers of travel with access to approximately 400 airlines, 125,000 hotel properties, 200 tour operators, 50 rail carriers, 27 car rental outlets and 16 cruise lines. Travel suppliers have access to an expansive marketplace to promote, personalize and sell their products to travel management companies, corporate travel departments and travel agents worldwide using Sabre.
"Sabre's desire to drive value for our suppliers through our valuable network of agencies is paramount to us and we look forward to helping Hilton merchandise and differentiate themselves through our travel marketplace," said Greg Webb, president of Sabre Travel Network.
Sabre® is a leading technology provider to the global travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, such as passenger and guest reservations, revenue management, and flight, network and crew management. Sabre also operates a leading global travel marketplace, processing over $100 billion of estimated travel spend in 2013 by connecting travel suppliers to their most valued customers, the business traveler. Headquartered in Southlake, Texas, USA, Sabre operates offices in approximately 60 countries around the world.
About Hilton Worldwide
Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 95 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company's portfolio of eleven world-class global brands is comprised of more than 4,100 managed, franchised, owned and leased hotels and timeshare properties, with more than 685,000 rooms in 92 countries and territories, including Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®.
Nancy St. Pierre
SOURCE Sabre Corporation