SOUTHLAKE, Texas, July 10, 2014 – Sabre Corporation (NASDAQ:
SABR), a global technology provider to the travel and tourism industry, has signed a
comprehensive technology agreement with China-based HNA Hotels & Resorts. Sabre Hospitality will serve as HNA's primary technology provider for its critical
operations and marketing systems, including the Sabre SynXis central reservations
system and Sabre Guest Connect Booking Engine. HNA also will leverage Sabre's full
complement of distribution channels. HNA officials selected Sabre Hospitality Solutions because of its broad portfolio of
seamlessly integrated software, which solved HNA's primary challenge of having
multiple, unrelated systems across their properties. "Sabre has solid, proven technology and a rich history of delivering innovative solutions
to the travel industry," said John Kidd, president of HNA Hospitality Group. "Sabre was
the best choice because of its best-in-class solutions that are aligned to our growth
strategy." With two properties already outside of China, HNA will continue its international
expansion. Sabre plans to play a pivotal role with HNA to help them achieve their growth
goals. "Our unrivaled portfolio of integrated solutions will provide HNA with the tools they need
to increase revenue, improve operational efficiency and enhance the end-to-end guest
experience," said Alex Alt, president and general manager of Sabre Hospitality
Solutions. "The unique combination of Sabre's global reach to travelers combined with
unparalleled marketing expertise will enhance and strengthen HNA's continued
expansion efforts." ### Cautionary Note Regarding Forward-Looking Statements Any statements in this release regarding Sabre that are not historical or current facts are
forward-looking statements. Such forward-looking statements convey Sabre's current
expectations or forecasts of future events. Forward-looking statements regarding Sabre
involve known and unknown risks, uncertainties and other factors that may cause
Sabre's actual results, performance or achievements to be materially different from any
future results, performances or achievements expressed or implied by the forward-
looking statements. Certain of these risks and uncertainties are described in the "Risk
Factors" and "Cautionary Note Regarding Forward-Looking Statements" sections of
Sabre's registration statement on Form S-1, the "Risk Factors" and "Forward-Looking
Statements" sections of its Quarterly Report on Form 10-Q, and any of Sabre's other
applicable filings with the Securities and Exchange Commission. Unless required by law,
Sabre undertakes no obligation to publicly update or revise any forward-looking
statements to reflect circumstances or events after the date of this press release. Aven Hospitality, formerly Sabre Hospitality Solutions, is an independent global technology and SaaS leader in the hospitality industry, powering how hotels sell, distribute, and deliver guest experiences. SynXis, the leading global hospitality commerce and distribution platform, coordinates hotel information across 600+ integrations to ensure accuracy, consistency, and competitiveness wherever travelers discover, compare, and book. Trusted by 35,000+ hotels across 175 countries, Aven Hospitality serves as the connective layer behind many of the world's most iconic brands, simplifying complexity behind the scenes so hoteliers can operate with confidence today and stay ready for what's next.
Contact
Nancy St. Pierre
Head of Content
Phone: 682-605-3864
Mobile: 940-367-2761
Email: nancy.st.pierre@sabre.com
Organization
Aven Hospitality
https://avenhospitality.com/
3150 Sabre Drive
USA
- Southlake, TX 76092
Phone: 682-606-4000
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