ABUJA, Nigeria – Aug 28, 2018 – Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, has been awarded the Aviation Technology Achievement Award at the inaugural National Tourism Transport Summit and Exhibition(NTTS), which was held from May 21 to 22 at the International Conference Center Abuja. Sabre was commended for the company’s commitment to Nigeria’s growing tourism and aviation industry.
“It is exciting and rewarding for us to collaborate with our customers, the Nigerian government and other key players in the tourism and transport sectors to advance this vibrant and exciting industry here in Nigeria,” said Gabriel O. Olowo – President/CEO – Sabre West Africa. “As the platform at the center of the business of travel, Sabre is playing a leading role in shaping the future and we are very proud that our contribution has been recognised with the Aviation Technology Achievement Award.”
As Africa’s most populous country and an upcoming commercial center, Nigeria is slowly turning into an aviation hub for the entire region. According to Nigeria’s National Bureau of Statistics, more than 3.6 million passengers travelled to or from a Nigerian airport in the fourth quarter of 2017, a year-on-year increase of 4.89 percent. Travel is expected to remain a growth industry for the country in the next decade: according to the World Travel & Tourism Council (WTTC), the travel industry’s direct GDP contribution was 2,298 billion NGN in 2017; it is forecast to rise by 4.3% per year from 2018 to 2028.
“Sabre is one of the largest travel technology companies in the world with a wide range of market-leading solutions. Our advantage is our diversified, successful product portfolio combined with local expertise and a hands-on, customer-centric approach,” adds Emmanuel O. Isola – Country Director – Sabre Nigeria . “We are working with many leading travel brands across the globe and our customers in Nigeria are to directly benefit from our expertise in areas such as changing airline industry dynamics, the growth of online and mobile, new standards such as IATA’s NDC, and evolving traveler expectations.”
Among the industry-leading products that are available to travel businesses in Nigeria is the new Sabre Red Workspace, a next-generation travel agency desktop. The new Sabre Red Workspace is a highly configurable interface that features an intuitive user experience backed by a content-rich marketplace.
One of the largest software companies in the world, Sabre operates a leading travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Sabre’s software, data, mobile and distribution solutions are also 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.