SOUTHLAKE, Texas, Oct. 23, 2017 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR) has developed the hospitality industry's
first analytics platform to use artificial intelligence (AI) to
help maximize total hotel revenue. SynXis Analytics Cloud is
Sabre's new data and analytics platform built from the ground up
for the hospitality industry.
Without an industry-grade automated solution, many hoteliers are
hamstrung with a number of separate – often manual – reports,
creating an expensive lag in their revenue-focused decisions and
making them reactive to market dynamics. Even with solutions
available on the market today, hoteliers are limited to analyzing
past events which provides only a historical view and few
actionable insights.
Leveraging artificial intelligence, SynXis Analytics Cloud
identifies opportunities for revenue and guest experience
improvement and helps hoteliers avoid lost revenue by analyzing
data from operations, finances, room-stay production, ancillaries
and rate-room-channel configurations to deliver targeted,
actionable insights. A hotel user is also able to design and test
different predictive models by choosing a variety of pre-built
machine learning algorithms.
"Our vision for SynXis Analytics Cloud is focused on solving the
hospitality data integration challenge and meeting hoteliers' need
for self-service business intelligence and artificial intelligence
capabilities," said Balaji
Krishnamurthy, vice president of global strategy, corporate
development and business intelligence for Sabre Hospitality
Solutions. "The move to predictive forward-looking analytics
represents a tectonic shift for the hospitality industry that has
traditionally been limited to static backward-looking reporting. We
are bringing AI to operations, distribution, personalization and
retailing."
Customer Responses
Several Sabre customers including Denihan Hospitality Group,
Preferred Hotels & Resorts, Vantage Hospitality Group, L.E.
Hotels and Two Roads Hospitality have already embraced these
solutions.
According to Joshua Steele,
Denihan's director of reservations, key accounts and operations,
"SynXis Analytics Cloud offers powerful analytics tools that are
fast and easy to use and the fresh visualization capabilities allow
for in-depth analysis of subchannel booking trends. I have used the
tool for market segmentation channel analysis and to evaluate
negotiated account performance."
SynXis Analytics Cloud includes a suite of pre-built insights
for executives, business managers and hotel revenue analysts that
allow them to see hotel performance at a region/brand/chain level
down to rate code level, while also providing powerful on-demand
analytics and storytelling capabilities. The platform offers a
robust data warehousing service to host and integrate multiple
sources of hospitality data in the cloud and empower highly
customized, on-demand analytics consumed through a suite of
self-service business intelligence capabilities.
Performance Insights, Self-Service BI and Rate Insights are the
flagship products available today in the SynXis Cloud Analytics
suite of solutions. Sabre expects to expand its business
intelligence offering later this year with additional AI-powered
solutions.
"We are fans of Performance Insights as we have all information
at our finger tips. Instead of running reports per property to have
an overall idea of how our company is doing, we can run figures and
get immediate reports. It also has a variety of graphs and tabs
that can be easily exported. I do not know how we would manage our
reporting without this tool," said Bianca
Porto Barga, vice president, account management for L.E.
Hotels.
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:
Heidi
Castle
682-605-4290
heidi.castle@sabre.com
Investor
Contact:
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation