ATHENS, Greece – Feb 28, 2018 – Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, has agreed a new multi-year agreement with Kyvernitis Travel, the leading corporate and leisure agency in Greece specialising in the maritime sector.
Kyvernitis Travel will now harness the new Sabre Red Workspace to shop, book and manage travel for customers. Sabre’s next-generation travel agency platform was developed to help travel agencies delight the new, more empowered traveller who increasingly wants personalisation, choice and the ability to unbundle every component of a ticket and dynamically re-bundle it to match their needs. The multi-year technology agreement will also give Kyvernitis Travel superior low fare search capabilities, air shopping, workflow efficiency tools and tailor-made solutions to support Kyvernitis’ quality control.
“It is an undisputed fact of today’s highly competitive marketplace that corporations need to leverage technology to maximise efficiency and effectiveness”, said George Kyvernitis, CEO Kyvernitis Travel. “However, to really stay ahead, drive competitive advantage and increase revenues, we also need to work smarter. In choosing to use Sabre’s technologies, Kyvernitis Travel will benefit from its professional expertise to access new data and insights that will help us improve our service and provide clients with the best travel options at the best prices to suit their needs.”
With the rising need to improve productivity while reducing costs, Kyvernitis Travel sought a technology provider to streamline processes and drive quality growth with an end-to-end travel solution. Sabre was chosen for its comprehensive portfolio of travel solutions, which are now delivering significant efficiency gains for the agency’s staff and customers.
“Kyvernitis Travel is among the most innovative travel companies in our region and has a clear path for growth,” said Andreas Syrigos, regional director of Sabre in Greece and Cyprus. “The agency is focused on creating dynamic and competitive offers for travellers supported by our GDS, our customised solutions and the integration of third party back office solutions, like the one with Panasoft, an international information technology company developing high quality software solutions for the Travel Industry. Our industry-leading technology will empower Kyvernitis Travel to focus its efforts on providing an increasingly personalised experience for its customers, tailored towards a wide variety of travel needs.”
Sabre will play a key role in helping Kyvernitis Travel maximise productivity and achieve its growth objectives. The new Sabre Red workspace was developed to meet the changing needs and expectations of travellers with Dev Studio APIs – which provide market data, fare trend information, travel seasonality and alternative airports – integrated into the platform. These APIs are then displayed in a new Decision Support Bar, which Kyvernitis Travel will use to offer advanced information and choices to its customers.
About Kyvernitis Travel
With over 40 years of experience in the travel industry Kyvernitis Travel is one of Greece’s leading corporate and leisure travel agencies. Kyverniti’s clients include leading shipping companies, multinational corporations, as well as high net worth individuals from Greece and abroad. Kyverniti’s mission is to provide the best possible travel solutions, at the highest quality of service, and at the most competitive rates available on the market, aiming at high client satisfaction and long-term relationships with partners.
About Sabre Corporation
Sabre Corporation (NASDAQ: SABR) 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.