Sabre Corporation (SABR - Free Report) recently announced that it has inked a partnership agreement with Air Serbia for the launch of a dynamic cloud-based artificial intelligence solution — Air Price IQ.
The new solution, part of Sabre’s suite of Retail Intelligence products, enables dynamic pricing of airfares based on traveler contexts and changing marketplace conditions like capacity, competition and booking velocity. It delivers optimized price recommendations while ensuring increased agility and precision to the airlines.
With its advanced machine learning ability, the AI-based solution aids the air carriers in easily analyzing and monitoring pricing opportunities. Air Price IQ analyzes the airlines' own shopping and revenue management data in real-time, considering traveler segment and trip intent. It ensures revenue maximization for every request showing travelers the adjusted end price.
Sabre’s Air Price IQ will aid airlines in driving higher conversion rates and enhancing their yields while delivering relevant offers across all channels. Air Serbia will be the first airline to utilize this solution to provide a seamless experience to its travelers.
The recent collaboration reflects the reliability of Sabre’s intelligent airline solution suite, Retail Intelligence, which dynamically matches offers to travelers across both traditional and New Distribution Capability (NDC)-enabled channels. This, in turn, is likely to aid the company in expanding its customer share in the Airlines Solutions segment.
The leading travel-related software and technology provider has a customer base spread over 160 nations globally. Sabre is one of the largest marketplaces in the world that manages approximately $260 billion worth of global travel spending annually. Currently, it has over 425,000 agency partners globally.
Of late, Sabre has been showing signs of a turnaround with consecutive deal wins from major global airlines, hoteliers and travel agencies. In June, the company strengthened its existing relationship with Hong Kong’s Cathay Pacific Airways by inking a new distribution agreement. Per the deal, the airline will be utilizing Sabre’s NDC-enabled consistent end-to-end workflow solution to distribute offerings to worldwide travel agencies through Sabre’s travel marketplace.
In May, Sabre entered a distribution agreement with Mexico’s Viva Aerobus to aid the airline in driving future revenue growth through agency sales. In the same month, the company entered an agreement to acquire the Florida-based Nuvola — a single destination cloud-based platform providing service optimization software to the hospitality industry. Through this buyout, the company plans to improve its hospitality retailing and merchandising strategy and broaden its property and operations abilities.
Zacks Rank & Stocks to Consider
Sabre currently carries a Zacks Rank of 3 (Hold). Shares of SABR have plunged 26% in YTD.
Some better-ranked stocks from the broader Computer and Technology sector are Baidu (BIDU - Free Report) , Keysight Technologies (KEYS - Free Report) and Synopsys (SNPS - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Baidu's second-quarter 2022 earnings has been revised 31 cents southward to $1.38 per share over the past 60 days. For 2022, earnings estimates have moved 3 cents north to $8.27 per share in the past 60 days.
Baidu's earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 52.9%. Shares of BIDU have dropped 3.6% in YTD.
The Zacks Consensus Estimate for Keysight's third-quarter fiscal 2022 earnings has been revised 2 cents northward to $1.78 per share over the past 60 days. For 2023, earnings estimates have moved 5 cents north to $7.16 per share in the past 30 days.
Keysight’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 8%. Shares of KEYS have fallen 31.8% in YTD.
The ZacksConsensus Estimate for Synopsys’ third-quarter fiscal 2022 earnings has been revised 39 cents northward to $1.93 per share over the past 60 days. For 2023, earnings estimates have moved 62 cents up to $9.79 per share in the past 60 days.
Synopsys’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 2.7%. Shares of SNPS have declined 16.9% in YTD.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks<<
Sabre Corporation (SABR - Free Report) recently announced that it has inked a partnership agreement with Air Serbia for the launch of a dynamic cloud-based artificial intelligence solution — Air Price IQ.
The new solution, part of Sabre’s suite of Retail Intelligence products, enables dynamic pricing of airfares based on traveler contexts and changing marketplace conditions like capacity, competition and booking velocity. It delivers optimized price recommendations while ensuring increased agility and precision to the airlines.
With its advanced machine learning ability, the AI-based solution aids the air carriers in easily analyzing and monitoring pricing opportunities. Air Price IQ analyzes the airlines' own shopping and revenue management data in real-time, considering traveler segment and trip intent. It ensures revenue maximization for every request showing travelers the adjusted end price.
Sabre’s Air Price IQ will aid airlines in driving higher conversion rates and enhancing their yields while delivering relevant offers across all channels. Air Serbia will be the first airline to utilize this solution to provide a seamless experience to its travelers.
The recent collaboration reflects the reliability of Sabre’s intelligent airline solution suite, Retail Intelligence, which dynamically matches offers to travelers across both traditional and New Distribution Capability (NDC)-enabled channels. This, in turn, is likely to aid the company in expanding its customer share in the Airlines Solutions segment.
The leading travel-related software and technology provider has a customer base spread over 160 nations globally. Sabre is one of the largest marketplaces in the world that manages approximately $260 billion worth of global travel spending annually. Currently, it has over 425,000 agency partners globally.
Of late, Sabre has been showing signs of a turnaround with consecutive deal wins from major global airlines, hoteliers and travel agencies. In June, the company strengthened its existing relationship with Hong Kong’s Cathay Pacific Airways by inking a new distribution agreement. Per the deal, the airline will be utilizing Sabre’s NDC-enabled consistent end-to-end workflow solution to distribute offerings to worldwide travel agencies through Sabre’s travel marketplace.
In May, Sabre entered a distribution agreement with Mexico’s Viva Aerobus to aid the airline in driving future revenue growth through agency sales. In the same month, the company entered an agreement to acquire the Florida-based Nuvola — a single destination cloud-based platform providing service optimization software to the hospitality industry. Through this buyout, the company plans to improve its hospitality retailing and merchandising strategy and broaden its property and operations abilities.
Zacks Rank & Stocks to Consider
Sabre currently carries a Zacks Rank of 3 (Hold). Shares of SABR have plunged 26% in YTD.
Some better-ranked stocks from the broader Computer and Technology sector are Baidu (BIDU - Free Report) , Keysight Technologies (KEYS - Free Report) and Synopsys (SNPS - Free Report) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Baidu's second-quarter 2022 earnings has been revised 31 cents southward to $1.38 per share over the past 60 days. For 2022, earnings estimates have moved 3 cents north to $8.27 per share in the past 60 days.
Baidu's earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 52.9%. Shares of BIDU have dropped 3.6% in YTD.
The Zacks Consensus Estimate for Keysight's third-quarter fiscal 2022 earnings has been revised 2 cents northward to $1.78 per share over the past 60 days. For 2023, earnings estimates have moved 5 cents north to $7.16 per share in the past 30 days.
Keysight’s earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 8%. Shares of KEYS have fallen 31.8% in YTD.
The ZacksConsensus Estimate for Synopsys’ third-quarter fiscal 2022 earnings has been revised 39 cents northward to $1.93 per share over the past 60 days. For 2023, earnings estimates have moved 62 cents up to $9.79 per share in the past 60 days.
Synopsys’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 2.7%. Shares of SNPS have declined 16.9% in YTD.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks<<
Get the latest research report on BIDU - FREE
Get the latest research report on SNPS - FREE
Get the latest research report on SABR - FREE
Get the latest research report on KEYS - FREE