- Science-based decision support: market-adaptive pricing powered by real-time insights from the traveler and the marketplace
- Proven cloud-based availability: single-product catalog for inventory, ancillaries and third-party content unlocking more value
- Next-generation shopping engine: live shopping engine that generates highly relevant personalized responses
- ML-powered retail engine: merchandising powered by machine learning, fostering experimentation in a test and learn environment to better inform and generate truly personalized offers
- Omni-channel opportunity: advancements in offer management will enable distribution across both indirect and direct channels.
Press Release
Sabre Unveils First Product Powered by its Proprietary Sabre Travel AI ™ Technology
Partnering with Google, Company accelerates availability of the travel industry’s first smart, scalable retail engine – with launch planned early next year
SOUTHLAKE, Texas – Nov. 4, 2020 – Sabre Corporation (NASDAQ: SABR), the leading software and technology company that powers the global travel industry, announced today it will be launching the Company’s first product powered by its proprietary Sabre Travel AI ™ technology. Working with Google, the Company is developing technology that will accelerate the delivery of a smart, scalable retail engine that is powered by state-of-the-art AI technology and advanced machine-learning (ML) capabilities, the first of its kind in travel. The Company plans to officially launch the first iteration of its Sabre Smart Retail Engine ™ early next year, continuing to innovate in omni-channel retailing to enable capabilities across airline business models, passenger service systems (PSS) and global distribution systems (GDS).
“We are excited to bring this intelligent retail engine to market as part of our offer management strategy, marking another step towards achieving our 2025 vision of delivering truly personalized travel,” said Wade Jones, chief product officer for Sabre. “Our proprietary technology infuses the power of Sabre Travel AI to deliver, not next-, but a third-generation of technology to the travel marketplace. By bringing together some of the brightest minds from Google and Sabre, we are accelerating the delivery of this smart and scalable retailing engine that we believe will enable customers to deliver personalized offers to their customers, better serving the needs of today’s traveler, while unlocking more value per passenger boarded.”
These advancements propel the Company’s offer management strategy forward, enabling it to achieve one of its strategic initiatives announced at the beginning of this year.
Smart Retailing: Powered by machine learning; Informed by marketplace insights
The first of its kind, the Sabre Smart Retail Engine ™ is a new innovation that integrates Sabre’s dynamic offer management and customer segmentation capabilities with Google’s proven and powerful merchandising solution to use real-time shopping data, available content and AI/ML-based decision support models to test-and-learn and generate the most optimal offers available. These personalized offer bundles are dynamically priced using customer segmentation techniques, can include ancillaries such as seats and baggage and eventually will include third-party content, such as rental cars and hotel stays. This advances the Company’s vision to build and connect the right offer to the right traveler at the right time – increasing traveler satisfaction and providing airlines the opportunity to drive optimized and incremental revenue. For more information on this new product offering visit www.sabre.com/smartretailengine.
This is a significant addition to Sabre’s suite of offer management products that will include decision science-based pricing and revenue management tools integrated with cloud-based availability and shopping that support an omni-channel approach, including NDC distribution.
Key components of Sabre’s suite of offer management products will utilize: