(07 Dec 2021)
American Express Global Business Travel (GBT)
has entered into a multi-faceted strategic partnership
with Sabre, focused on developing technologies that will enable the future of
corporate travel distribution.
Under the terms agreement, which takes effect in
January 2022, GBT will increase its commitment to Sabre and
make a multi-million dollar, long-term annual investment in joint
technology development with Sabre over the next ten years.
Philippine Airlines Airbus A330-300 reg: RP-C8766. Picture by Steven Howard of TravelNewsAsia.com
“While the pandemic has undoubtedly challenged the
travel industry, we firmly believe in a robust recovery over time,
particularly in corporate travel,” said Sean Menke, President and
Chief Executive Officer at Sabre. “However, the expectations of
corporate travelers and corporations have fundamentally changed;
the demand for new, differentiated products that are designed for
specific travelers’ needs is likely to be more pronounced. Our
strategic partnership with GBT is rooted in the common beliefs we
share regarding the technology needs which will enable
participants throughout the travel ecosystem to meet these new
demands. We look forward to our expanded commercial relationship
with GBT and partnering with them for many years to come.”
Together, the companies will work to accelerate
product innovation and develop a distribution eco-system that
meets the future needs of customers and suppliers.
This will
include collaborating on corporate travel booking capabilities
that enhance value to customers and suppliers, accelerating
merchandising and retailing solutions, and enabling efficient and
superior customer service.
“As industry thought leaders, GBT and Sabre will
define the future by developing distribution software and
capabilities that provide our customers and supplier partners with
the value, choice and experiences they expect,” said Paul Abbott,
CEO, American Express Global Business Travel. “Combining Sabre’s
retailing and content aggregation capabilities and GBT’s corporate
customer software and world class customer service, will enable us
to deliver the business travel experiences corporate travelers
want.”
Headlines: |
|
|