SOUTHLAKE, Texas, Oct. 27, 2016 /PRNewswire/ -- At the
CAPA-ATCE Global Summit in Amsterdam, Sabre Corporation (NASDAQ: SABR),
the leading technology provider to the global travel industry,
launched its next-generation revenue management platform, AirVision
Revenue Optimizer. This innovative solution is designed to help
airlines respond to rapidly changing market conditions in real-time
and to optimize multiple revenue streams through advanced decision
support.
Sabre's Revenue Optimizer provides end-to-end control for
airlines to better understand traveler profiles and respond to
their needs and willingness to pay, while efficiently pricing and
selling seat inventory and ancillary products. This is done by
leveraging real-time data from the passenger service systems (PSS)
and other Sabre commercial planning solutions such as scheduling
and pricing.
"Utilizing revenue management systems of the past can no longer
produce long-term profitability," said Pramod Jain, vice president of Sabre AirVision.
"Legacy systems lack the ability to have real-time, accurate,
customer-focused capabilities. Airlines need a next-generation
revenue management platform like Revenue Optimizer that provides
the opportunity to consider the total customer value and therefore
become better retailers."
Customers want tailored offers from airlines, and airlines need
to create and manage these offers in an optimal way to remain
competitive. This practice involves changes in many different
systems airlines use. Revenue Optimizer supports this
transformation and can help airlines drive incremental revenue by
up to two percent. It also provides recommendations that allow
airlines to offer the right content to the right customer at the
right price.
"Sabre's real-time data processing, enhanced integration and
advanced decision support tool capabilities were impactful
considerations for Aegean," said Roland
Jaggi, Director Revenue Management, Pricing, International
Sales at Aegean Airlines. "By leveraging Revenue Optimizer, we will
be able to maximize revenue opportunities by offering our customers
innovative and personalized services and retail offers."
Aegean Airlines is the seventh airline to sign an agreement
to use this next-generation solution. Success in today's industry
requires a next-generation revenue management solution that is
robust and provides airlines with more accurate, real-time
information in an easy-to-consume format.
By implementing Revenue Optimizer, airlines will be able to
fulfill these requirements and truly differentiate themselves as
customer-centric retailers in the industry.
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 US$120 billion of global 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.
SABR-F
Media Contact:
Andrea
Huguely
sabrenews@sabre.com
Phone: (214) 405-6010
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SOURCE Sabre Corporation