Program expected to expand hotels’ reach on Google websites and increase bookings, maximizing revenue from this powerful channel
SOUTHLAKE, Texas – July 8, 2015 – Sabre Corporation (NASDAQ: SABR) is launching a beta test of a new hotel digital marketing program from Google designed to help drive more bookings. The Google Hotel Ads Commission Program combines the benefits and reach of Google Hotel Ads with the hotels’ existing commission programs by making the hotels’ best available retail rates searchable and bookable on Google.
When travelers search for a hotel on Google Search, Google Maps or Google+, they will be able to select the property and rate they want, and then book the room directly with the hotel without ever leaving the page, reducing the abandonment rate commonly seen when consumers have to switch sites to complete a transaction.
“Our ability to be the first CRS provider to offer the Google Hotel Ads Commission Program shows the influence of the Sabre brand in the industry as well as our commitment to deliver new and valuable opportunities to our hotel customers,” said Sabre Hospitality Solutions President Alex Alt. “This is just the latest example of how we are continually investing in innovative solutions that deliver unique value to hotels and the travelers they serve.”
Because Sabre has already completed the necessary technology integration with Google and Sabre’s SynXis Central Reservation has access to the hotels’ commissionable retail rates, Sabre hotel customers can participate in the program without any investment or development on their part.
“We are firm believers in technology to drive new strategy in the marketplace and have confidence that we will realize more bookings from this program,” said Morgans Hotel Group Senior Vice President and Chief Revenue Officer Chadi Farhat. “It’s this kind of innovation and thoughtfulness about flexible business solutions that makes Sabre a great partner for our collection of brands.”
As compared to Google’s Hotel Ads cost-per-click model, Sabre hotel customers participating in the new commission-based model only pay a commission on confirmed bookings for their property. The program gives hotels another cost-effective option to drive bookings by putting their brands front and center when travelers are ready to book.
Sabre’s award-winning team provides innovative and highly-effective digital marketing services that deliver results to hotels around the world that are designed to maximize the hotels’ return on investment and increase conversion rates. In addition, the company’s broader retailing and merchandising solutions for hotels are powered by the SynXis Enterprise Platform, the industry’s first fully-integrated SaaS-based hospitality solutions portfolio, which is currently deployed at more than 20,000 hotels around the world.
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About Sabre Corporation
Sabre Corporation is a leading technology provider to the global travel and tourism 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 $110 billion of estimated travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre operates offices in approximately 60 countries around the world.
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.