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Sabre's (SABR) GDS to Offer United Airlines' NDC Content
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Sabre Corporation (SABR - Free Report) recently revealed the availability of the New Distribution Capability (“NDC”) content from United Airlines Group (UAL) via its Global Distribution System (“GDS”).
With this integration, Sabre-connected travel agents worldwide will be able to manage, shop and book NDC contents offered by United Airlines through the Sabre Red 360 point-of-sale tool, Sabre Offer and Order API (application programming interface) and the corporate booking solution, GetThere.
We believe that offering its NDC contents on Sabre’s platform will strengthen United Airlines’ ancillary sales while increasing transparency in the purchasing process, thereby ultimately enhancing customer satisfaction. The new partnership will provide Sabre GDS users with enhanced offerings from the air carrier.
The recent collaboration reflects the reliability of SABR’s Beyond NDC Program and GDS platform, which work like a marketplace connecting travel suppliers with buyers. This is likely to aid the company in expanding its customer share in the Travel Solutions segment.
The latest deal with United Airlines marked the 10th air carrier with whom Sabre has successfully integrated and made the NDC content available through its GDS system. Earlier this month, Sabre revealed that Virgin Atlantic renewed its long-standing global distribution agreement under which the travel technology provider will offer enhanced contents from the air carrier via its GDS.
In March, Sabre revealed the availability of the NDC content from Finland’s flag air carrier, Finnair, via its GDS platform. In the same month, it announced the availability of the NDC content from American Airlines Group through its GDS marketplace.
In February, Sabre inked a strategic technology partnership with Simplenight. A global technology company, Simplenight builds innovative enterprise solutions, including customizable book ability, cloud-based distribution, dynamic packaging and merchandising.
Currently, Simplenight is leveraging the TX-based company’s Virtual Payments solution as its business-to-business payment provider. Through this current deal with Simplenight, SABR is likely to unveil new revenue opportunities while advancing traveler experience through its latest updates in retailing solutions.
Sabre has more than 425,000 travel agency partners worldwide at present. The company provides one of the largest marketplaces in the world that manages approximately $260 billion worth of global travel spending annually.
The leading travel-related software and technology provider has its customer base spread over 160 nations globally. In January, the company extended two of its existing agreements with Pakistan International Airlines. In December, Sabre and its Japanese GDS distribution partner, INFINI Travel Information, declared a new, multi-year GDS agreement with AirTrip International Corporation.
Sabre reported revenues of $631 million in the fourth quarter of 2022. The top line was 26% higher than $501 million in the year-ago period. This surge reflected a significant improvement in the company’s global air, hotel and other bookings.
Zacks Rank & Stocks to Consider
Currently, Sabre carries a Zacks Rank #3 (Hold). Shares of SABR have decreased 3.2% year to date (YTD).
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Sabre's (SABR) GDS to Offer United Airlines' NDC Content
Sabre Corporation (SABR - Free Report) recently revealed the availability of the New Distribution Capability (“NDC”) content from United Airlines Group (UAL) via its Global Distribution System (“GDS”).
With this integration, Sabre-connected travel agents worldwide will be able to manage, shop and book NDC contents offered by United Airlines through the Sabre Red 360 point-of-sale tool, Sabre Offer and Order API (application programming interface) and the corporate booking solution, GetThere.
We believe that offering its NDC contents on Sabre’s platform will strengthen United Airlines’ ancillary sales while increasing transparency in the purchasing process, thereby ultimately enhancing customer satisfaction. The new partnership will provide Sabre GDS users with enhanced offerings from the air carrier.
Sabre Corporation Price and Consensus
Sabre Corporation price-consensus-chart | Sabre Corporation Quote
The recent collaboration reflects the reliability of SABR’s Beyond NDC Program and GDS platform, which work like a marketplace connecting travel suppliers with buyers. This is likely to aid the company in expanding its customer share in the Travel Solutions segment.
The latest deal with United Airlines marked the 10th air carrier with whom Sabre has successfully integrated and made the NDC content available through its GDS system. Earlier this month, Sabre revealed that Virgin Atlantic renewed its long-standing global distribution agreement under which the travel technology provider will offer enhanced contents from the air carrier via its GDS.
In March, Sabre revealed the availability of the NDC content from Finland’s flag air carrier, Finnair, via its GDS platform. In the same month, it announced the availability of the NDC content from American Airlines Group through its GDS marketplace.
In February, Sabre inked a strategic technology partnership with Simplenight. A global technology company, Simplenight builds innovative enterprise solutions, including customizable book ability, cloud-based distribution, dynamic packaging and merchandising.
Currently, Simplenight is leveraging the TX-based company’s Virtual Payments solution as its business-to-business payment provider. Through this current deal with Simplenight, SABR is likely to unveil new revenue opportunities while advancing traveler experience through its latest updates in retailing solutions.
Sabre has more than 425,000 travel agency partners worldwide at present. The company provides one of the largest marketplaces in the world that manages approximately $260 billion worth of global travel spending annually.
The leading travel-related software and technology provider has its customer base spread over 160 nations globally. In January, the company extended two of its existing agreements with Pakistan International Airlines. In December, Sabre and its Japanese GDS distribution partner, INFINI Travel Information, declared a new, multi-year GDS agreement with AirTrip International Corporation.
Sabre reported revenues of $631 million in the fourth quarter of 2022. The top line was 26% higher than $501 million in the year-ago period. This surge reflected a significant improvement in the company’s global air, hotel and other bookings.
Zacks Rank & Stocks to Consider
Currently, Sabre carries a Zacks Rank #3 (Hold). Shares of SABR have decreased 3.2% year to date (YTD).
Some better-ranked stocks in the broader technology sector are Wix.com (WIX - Free Report) , Zscaler (ZS - Free Report) and Adobe (ADBE - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Wix.com’s first-quarter 2023 earnings has been revised upward to 23 cents per share from a loss of 9 cents per share 60 days ago. For 2023, earnings estimates have been revised northward by 119.1% to $1.49 per share in the past 60 days.
Wix.com's earnings beat the Zacks Consensus Estimate thrice in the preceding four quarters while missing the same on one occasion, the average surprise being 225%. Shares of WIX have risen 17.2% YTD.
The Zacks Consensus Estimate for Zscaler's third-quarter fiscal 2023 earnings has been revised a penny northward to 39 cents per share in the past 30 days. For fiscal 2023, earnings estimates have been revised northward by 6 cents to $1.52 per share in the past 30 days.
Zscaler’s earnings beat the Zacks Consensus Estimate in the preceding four quarters, the average surprise being 29.7%. Shares of ZS have declined 5.3% YTD.
The Zacks Consensus Estimate for Adobe's second-quarter fiscal 2023 earnings has been revised upward by 2 cents to $3.78 per share over the past 30 days. For fiscal 2023, earnings estimates have moved upward by 19 cents to $15.41 per share in the past 30 days.
Adobe's earnings beat the Zacks Consensus Estimate in the preceding four quarters, the average surprise being 2.6%. Shares of ADBE have soared 10.3% YTD.