We hit the jackpot on the second day of STX 2019 in Las Vegas as we continued to dive into more than 200 sessions and “rich” networking events to accelerate innovation in travel. Here are some of the key takeaways from Day 2.
1. SynXis Intelligent Retailing was unveiled and will offer hoteliers unlimited retailing and revenue opportunities.
New innovations in retail, distribution and fulfillment are happening all over Sabre. Proof positive: SynXis Intelligent Retailing, which was unveiled during a packed lunch general session and demonstrated by sales engineer Jeff Henley of Sabre Hospitality Solutions.
[SynXis Video]
It holds the potential to revolutionize retailing through machine-learning algorithms that build and distribute personalized offers to guests, ensuring improved conversions. Benefits and features include:
- Attribute based pricing/shopping: Instead of selling a whole room at a set price – the old way – hoteliers can now unbundle the room into a collection of attributes.
- Intelligently built offers: With the inventory of every feature, amenity, service, space, event, or experience in the system, machine learning will build and push offers around them; hoteliers don’t have to set up every offer manually.
- Selling high-margin ancillaries: Hoteliers can transform their business model dramatically –from being room-reservation based to selling any feature, amenity, service, space, event, or experience accessible at and near their properties. Hoteliers can also distribute room as well as non-room retail offers, whether owned by hotels or third-parties, across channels.
5. We’re investing in technologies that are bringing new products to market faster.
In a separate session, Joe DiFonzo, Dave Moore and Louis Selincourt detailed Sabre’s progress of moving applications to our expanding global hybrid cloud network, which gives users faster responses, dynamic capacity, always-on service and global availability. The innovators also explained how our technological developments make it possible for us to deliver the highest quality products for our partners in the shortest amount of time. Partnering together, we will unleash a new personalized travel marketplace as Sabre’s technologists deliver the platform to run our next-generation retailing, distribution and fulfillment solutions.