{"id":1171,"date":"2020-03-08T07:07:46","date_gmt":"2020-03-08T07:07:46","guid":{"rendered":"https:\/\/www.sabre.com\/locations\/india\/?post_type=releases&#038;p=1171"},"modified":"2020-06-23T05:30:46","modified_gmt":"2020-06-23T05:30:46","slug":"sabre-announces-strategic-priorities-designed-to-accelerate-growth","status":"publish","type":"releases","link":"https:\/\/www.sabre.com\/locations\/india\/releases\/sabre-announces-strategic-priorities-designed-to-accelerate-growth\/","title":{"rendered":"Sabre Announces Strategic Priorities Designed to Accelerate Growth"},"content":{"rendered":"<strong>Multi-year plan designed to increase Company\u2019s addressable market, drive revenue and share growth, and improve margin structure<\/strong>\r\n\r\n<strong>BANGALORE, India \u2013 Feb. 25, 2020: <\/strong><a href=\"http:\/\/www.sabre.com\/\">Sabre Corporation<\/a>\u00a0(NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, today announced a set of strategic priorities that are expected to position the Company to accelerate growth and create long term shareholder value.\r\n\r\nAs part of its vision to lead a new marketplace for personalized travel, <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a> detailed five strategic initiatives that are intended to increase the Company\u2019s addressable market across its business, deliver revenue and market share growth, and improve the Company\u2019s overall margin structure. Specifically, each priority seeks to:\r\n<ul>\r\n \t<li><strong>Create personalized offers:<\/strong> accelerating new IT capabilities, processes and intelligence that allow suppliers to retail personalized offers through all channels, unlocking more value per passenger boarded<\/li>\r\n \t<li><strong>Accelerate the future of distribution &amp; NDC:<\/strong> increasing the value of supplier offers and the value of the GDS by integrating NDC content, enabling airlines to distribute personalized offers through the Company\u2019s marketplace and through their direct channels<\/li>\r\n \t<li><strong>Unlock growth potential in the LCC market:<\/strong> harnessing the growth and innovation of the fast-growing low-cost carrier (LCC) market by creating more ways for LCCs to retail and distribute content, and scaling the offerings of <a class=\"profilelink\" title=\"More information on Radixx\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/radixx-international\" data-profiletype=\"12\" data-profileid=\"2435\">Radixx<\/a>, the Company\u2019s recently acquired LCC provider<\/li>\r\n \t<li><strong>Deliver a full-service property management system to better serve enterprise hotels:\u00a0<\/strong>collaborating with Accor, <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a> plans to build a full-service property management system that will combine with its best-in-class central reservation system and state-of-the-art limited-service property management system within a fully unified, cloud-native platform designed for hoteliers of all property classes, sizes and geographic regions \u2013 a milestone in the global travel industry<\/li>\r\n<\/ul>\r\nTransform <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a>\u2019s technology in a preferred partnership with <a class=\"profilelink\" title=\"More information on Google\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/google-inc\" data-profiletype=\"12\" data-profileid=\"1153\">Google<\/a>: this 10-year strategic partnership is designed to:\r\n<ul>\r\n \t<li>Improve <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a>\u2019s technology capability by migrating the Company\u2019s IT infrastructure to <a class=\"profilelink\" title=\"More information on Google\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/google-inc\" data-profiletype=\"12\" data-profileid=\"1153\">Google<\/a> Cloud\u2019s highly available and secure services with advanced support and greater flexibility<\/li>\r\n \t<li>Utilize <a class=\"profilelink\" title=\"More information on Google\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/google-inc\" data-profiletype=\"12\" data-profileid=\"1153\">Google<\/a>\u2019s data analytics tools to enable <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a> to enhance the capabilities of current and future products by providing insights to help improve operational efficiency and create and optimize travel options, with the goal of improving both loyalty and revenues for its customers<\/li>\r\n \t<li>Design a broader innovation framework with <a class=\"profilelink\" title=\"More information on Google\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/google-inc\" data-profiletype=\"12\" data-profileid=\"1153\">Google<\/a> that seeks to leverage the talent and assets of both companies to imagine, develop and deploy future capabilities that will advance the travel ecosystem, benefiting all market participants.<\/li>\r\n<\/ul>\r\nSean Menke, <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a>\u2019s President and CEO said, \u201cWe are committed to helping our customers operate more efficiently, drive revenue and offer personalized traveller experiences that create greater loyalty. Over the last year, we continued to see shifts in the travel ecosystem resulting in the changing needs of our airline, hotel and agency customers. We are thinking critically about how the retailing, distribution and fulfilment of travel will continue to evolve over the next decade and how each of these elements will become even more interconnected and interdependent.\u201d\r\n\r\nMenke continued, \u201cAt <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a>, we have the vision, the expertise and the planned investments in our end-to-end capabilities to become the trusted technology partner that brings it all together on one advanced travel platform. Building on the momentum we generated in 2019, we have committed $150 million in 2020 to support the five strategic priorities and better position <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a> for revenue and share growth going forward. These priorities are designed to significantly enhance our technology and product offerings, increase our addressable market and create meaningful opportunities for profitable growth.\u201d\r\n\r\nFor the last three years, <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a>\u2019s new leadership team has been driving transformational change and building a foundation to position the Company for future growth. The team has been primarily focused on three areas: the security, stability and health of its technology products and services; enhancing collaboration across the Company\u2019s business segments to accelerate the creation of end-to-end solutions for its customers; and building a leadership team throughout the organization that will lead <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a> into the next phase of its journey to become the trusted technology partner of the travel industry.\r\n\r\n<a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a> unveiled the Company\u2019s strategic initiatives to its top 900 leaders during its annual global leadership summit in <a class=\"profilelink\" title=\"More information on Dallas\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/airports\/dallas-fort-worth-international-airport-dfw\" data-profiletype=\"2\" data-profileid=\"1001\">Dallas<\/a> at the end of January. Today, during the Company\u2019s fourth quarter and full-year 2019 earnings conference call, Menke and other members of <a class=\"profilelink\" title=\"More information on Sabre\" href=\"https:\/\/centreforaviation.com\/data\/profiles\/suppliers\/sabre\" data-profiletype=\"12\" data-profileid=\"112\">Sabre<\/a>\u2019s executive leadership team will discuss the initiatives in further detail.","protected":false},"excerpt":{"rendered":"<p>Multi-year plan designed to increase Company\u2019s addressable market, drive revenue and share growth, and improve margin structure BANGALORE, India \u2013 Feb. 25, 2020: Sabre Corporation\u00a0(NASDAQ: SABR), the leading software and technology provider that powers the global&#8230;<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","categories":[],"tags":[],"searchby":[],"metadata":{"_edit_lock":["1592890107:52"],"_edit_last":["52"]},"featured_image":"","_links":{"self":[{"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/releases\/1171"}],"collection":[{"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/releases"}],"about":[{"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/types\/releases"}],"version-history":[{"count":0,"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/releases\/1171\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/media?parent=1171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/categories?post=1171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/tags?post=1171"},{"taxonomy":"searchby","embeddable":true,"href":"https:\/\/www.sabre.com\/locations\/india\/wp-json\/wp\/v2\/searchby?post=1171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}