Sabre Corporation | December 21, 2021
Sabre Corporation (NASDAQ: SABR) announced that Air Serbia successfully implemented Sabre's Dynamic Availability software, which will help the airline to actively respond to evolving conditions with optimized pricing information.
Leveraging shopping data as well as information on traveler behavior and other key factors from Sabre's marketplace and other sources, Dynamic Availability applies machine-learning models to generate recommendations that help drive incremental revenue opportunities. The tool allows airlines to optimize their offerings by quickly and precisely responding to changing market dynamics with recommendations based on real-time marketplace data.
"Pricing is one of the most complex issues in the aviation industry – even more so since the onset of the pandemic,Successful pricing is an important aspect of sophisticated retailing, and airlines like Air Serbia need the right information to help maximize revenue. Beyond unlocking incremental revenue potential, our Dynamic Availably solution reduces the time spent on manual calculations, increases analyst efficiency and allows our customers to focus on delivering a superior traveler experience."
-Dino Gelmetti, Vice President EMEA, Sabre Travel Solutions
To further enhance its offering agility and precision, Air Serbia is actively collaborating with Sabre to advance airline revenue management through this period of recovery. As part of this discussion, the airline is exploring opportunities to partner with Sabre on its recently launched Sabre Price IQ product. Considering traveler segment and trip intent from the shopping request combined with artificial intelligence and machine learning, Air Price IQ supports airlines in their efforts maximize revenue opportunities while providing a seamless experience to its travelers.
"As we embark on a period of ambitious recovery and growth, building cutting-edge technology using real-time data, artificial intelligence and machine learning will be key to our success,We are excited to partner with Sabre on these intelligent software solutions that will redefine our fare pricing and passenger experience."
-Jiri Marek, General Manager Commercial and Strategy at Air Serbia.
Air Price IQ is part of Sabre's Retail Intelligence suite. Powered by Sabre Travel AI™ – an innovative capability that integrates Sabre technology with state-of-the-art AI technology and advanced machine-learning services – the new technology will allow airlines to dynamically provide offers to travelers based on preferences, marketplace insights and purchase probability, creating a more personalized and better traveler experience.
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.
About Air Serbia
Air Serbia was launched under that name in October 2013 as the national airline of the Republic of Serbia. From three airports in Serbia (Belgrade, Niš, Kraljevo) it flies to destinations in Europe, the Middle East, North America and Africa, in passenger and cargo traffic. The airline also offers long-haul and international destinations in Asia, Australia, North America and Africa via its codeshare partners. Air Serbia's fleet includes one wide-body, 10 narrow-body and 5 turboprop aircraft. Find more information about the activities of the Serbian national airline at Air Serbia Media Centre.
Google Travel | June 01, 2021
Google is making moves that further blur the line between hotels and private accommodations.
The search giant says searches for “beach rentals” and “staycations” grew by more than 100% globally in the last year. It wants to better serve that interest by combining vacation rentals and hotels in one comprehensive search result for a destination.
The “vacation rentals” filter – launched in 2019 – remains for users that want to limit results to only non-hotel properties. Still, without that filter, the default display will show both types of accommodations.
Google says results are ranked organically based on relevance to the user’s query. The company would not provide a list of current supply partners, but searches on the site show listings from Tripadvisor, Vacasa, Red Awning, Sonder, Rentals United, and others.
Vrbo listings had been on the site for nearly two years but in its earnings call in February, Expedia Group CEO Peter Kern announced the company had pulled them, saying, “We didn’t find investment in the Google vacation rental product particularly incremental, we didn’t think the customer experience was precious, and we are of course also having a period where we see great direct traffic for Vrbo. So we found other ways, and I’d argue more profitable ways, to drive traffic.”
It’s unclear at this stage whether properties from Booking.com and Airbnb are participating in the vacation rental search.
Google announced the new combined hotels and vacation rental search product Thursday morning during its Google Marketing Live online event.
“We’ve seen growing and sustained interest in vacation rentals since the start of the pandemic and have evolved our product accordingly to meet those user preferences. This launch is the first time that we’re showing results that combine both hotels and vacation rentals when a user is trying to find a place to stay,” says a company spokesperson via email.
Allegiant Travel Company | October 09, 2020
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with premier leisure experiences - from vacations to hometown family entertainment. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant's all-Airbus fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket.