SOUTHLAKE, Texas, May 17, 2016 /PRNewswire/ -- Travel technology leader Sabre Corporation (NASDAQ: SABR) is taking airline passengers to the clouds, announcing today that it will deliver even faster cloud-based, flight availability using solutions built on the Amazon Web Services (AWS) Cloud.
The explosive growth of mobile and higher consumer expectations for faster online searches continue to raise the bar for airlines to deliver a seamless online shopping experience. Leveraging the AWS Cloud, Sabre will offer airline availability solutions that will help carriers increase booking rates and deliver even faster responses. Using Sabre's new availability services in the cloud, airlines and their customers will benefit from faster shopping. And by relying on a single-source delivery of a cloud-based system, airlines can manage availability for different channels through one source. Working with Sabre, carriers will house their availability data in the AWS Cloud which can then be accessed via multiple shopping channels, whether carrier website, online or offline travel agency, or other source. The new cloud-based solution will be available to Sabre's customers later this year.
"AWS provides powerful cloud services to customers and is constantly innovating to deliver new services and features to meet its customers' needs. We share that same philosophy at Sabre and choose collaborators that share our vision and commitment to innovation and customer deliverables," said Tom Klein, president and CEO of Sabre. "As the world moves to a computing ecosystem dominated by mobile devices, speed and frictionless transactions are the expected norm, and the cloud delivers those benefits. Our customers use Sabre solutions because they want only the best, and the AWS relationship will further enhance our ability to deliver even faster and better offerings."
Sabre is the leading global technology provider to the $7 trillion travel industry and serves customers operating in 160 countries including airlines, hotels, travel agents and online travel service providers. The company's technology processes over $120 billion of estimated travel spend and more than 1.1 billon system messages every year.
"The AWS Cloud provides enterprises around the world with powerful benefits like agility, scalability and reliability so they can focus on their customers' needs and driving further growth for their businesses," said Mike Clayville, vice president, Worldwide Sales, AWS. "We're excited to work together with Sabre as they build and grow their airline availability solutions on the AWS Cloud, offering their customers even better, faster technology travel solutions."
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 $120 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.
Certain statements in this release are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "will," "intend," "expect," "anticipate" or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. The potential risks and uncertainties include, among others, the results of the agreement and the collaboration activities described in this release, dependency on transaction volumes in the global travel industry, particularly air travel transaction volumes, the financial and business effects of acquisitions, including integration of these acquisitions, adverse global and regional economic and political conditions, including, but not limited to, economic conditions in countries or regions with traditionally high levels of exports to China or that have commodities-based economies, risks arising from global operations, exposure to pricing pressure in the Travel Network business, the implementation and effects of new agreements, dependence on maintaining and renewing contracts with customers and other counterparties, dependence on relationships with travel buyers, changes affecting travel supplier customers, travel suppliers' usage of alternative distribution models, and competition in the travel distribution market and solutions markets. More information about potential risks and uncertainties that could affect Sabre's business and results of operations is included in the "Risk Factors" and "Forward-Looking Statements" sections in Sabre's Annual Report on Form 10-K for the year ended December 31, 2015, in "Risk Factors" in Sabre's Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, and in subsequent public statements or reports filed with or furnished to the Securities and Exchange Commission. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, results, actions, levels of activity, performance or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. Unless required by law, we undertake no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date they are made.
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SOURCE Sabre Corporation