Tourexpi
Sabre Corporation (NASDAQ: SABR),
a leading software and technology provider that powers the global travel
industry, today announced an expansion of its longstanding relationship with
Thai Airways. The national carrier of Thailand has selected Sabre's
advanced Fares Manager and Fares Optimizer solutions to enhance
its pricing capabilities and drive incremental revenue opportunities.
This
agreement further strengthens the alliance between Sabre and Thai Airways,
which already includes a long-term distribution agreement. By adopting Sabre
Fares Manager together with Fares Optimizer, Thai Airways is poised to
streamline its fares management processes, respond more effectively to market
dynamics, enhance analyst productivity, and optimize pricing strategies to
maintain a competitive edge.
"Thai
Airways is committed to delivering the best value to our passengers while
ensuring we maintain our competitive positioning in the market," said
Nuthaphol Amawatana, Head of Pricing and Revenue Management, Thai Airways.
"By using Sabre's advanced fares management solutions, we can efficiently
monitor competitor fare activities and quickly adjust our pricing strategies to
capture revenue opportunities. This collaboration with Sabre enables us to
refine our pricing approach, ensuring that we offer the right fares at the
right time to our customers."
Sabre's
Fares Manager and Fares Optimizer empower airlines to proactively manage their
fares, analyze market trends, and make data-driven pricing decisions with speed
and precision. By automating benchmarking and optimizing fare structures,
Sabre's solutions help airlines enhance analyst productivity, refine pricing
strategies, and ultimately boost profitability. Thai Airways recently added new
widebody aircraft to its fleet, as well as increasing frequencies on popular
flights, adding new routes, and reestablishing international routes, including
to Oslo and Milan.
"Airlines
today face unprecedented challenges in managing the sheer volume and frequency
of fare changes," said Rakesh Narayanan, Vice President, Regional
General Manager, Asia Pacific, Travel Solutions Airline Sales. "Our
Fares Manager and Fares Optimizer solutions are designed to address these
challenges by providing integrated end-to-end automation and intelligence. We
are thrilled to deepen our alliance with Thai Airways and support their
continued success in an increasingly complex and competitive marketplace."
Image
Credit: © Sabre Corporation
The most interesting news
Lufthansa strengthens its hubs in Munich and Frankfurt
Effective 1 January 2025, Jens Ritter, CEO Lufthansa Airlines, will take over responsibility for Lufthansa's operations at its Munich hub in addition to his current role.
Turkish resort city of Antalya named D-8 organization's Tourism City of Year 2025
Antalya becomes 1st Turkish city to achieve such award, Turkish culture and tourism minister says.
Hyatt to Advance Leadership Role With Over 50 Hotel Openings Planned in Next Two Years
Hyatt spotlights ambitious growth strategy in luxury and lifestyle segments, with more focused brand portfolios to unlock the full potential of each brand.
Mardi Gras in Coastal Mississippi: 11 Events for an Unforgettable 2025 Season
Travelers can find various family friendly events and parades to celebrate the vibrant holiday.
IHG adds over 1,000 keys in Al Madinah with new hotels signing with Knowledge Economic City
Dual Holiday-Inn Brand Family signing is set to enhance hospitality offerings in Al Madinah and contribute to Saudi’s Vision 2030 Goals.
Hyatt Regency Danang Resort and Spa: Tailored Luxury for Every Generation
Few destinations capture the spirit of multigenerational celebrations like Hyatt Regency Danang Resort and Spa.
Pololikashvili runs for re-election as UN Tourism Secretary General for 2026-2029 term
Georgian gaining support of different countries "thanks to his work since 2018"
Six Senses Quexigal Palace To Recreate a Magical 16th-century Royal Village near Madrid, Spain
Welcoming families, weekenders, and ‘mooners to enjoy events, celebrations, and retreats.
TUI is driving forward its growth plans for Eastern Europe
TUI CEO Sebastian Ebel: “New markets, new products and more customers: TUI Poland is the blueprint for our future success in Eastern Europe.”
Record numbers of Emirates customers to 'fly better' this festive season
Emirates recommends that customers plan their travel carefully this December, as departure numbers throughout the festive month are significantly higher than last year.
Open Entries: 25th International Film, Print, and Multimedia Competition
Registration for the 25th International Film, Print, and Multimedia Competition is now open!
30 years of climate research on scheduled flights
Lufthansa Group collects data for science on more than 35,000 measurement flights.
voco hotels lands in Bandung, Indonesia
Landmark signing of voco Bandung Setiabudi with long-term partner PT Sun Land Investama and new partner Nova Chandra.
Ancient sarcophagus discovered at St. Nicholas Church in Türkiye's Antalya
Limestone sarcophagus may reveal new details about burial site of St. Nicholas, Santa Claus inspiration.
Wafaifo Resort Hoi An, Vietnam, Now Open
The new Wafaifo Resort Hoi An, Vietnam, has officially opened its doors to tourists, overnight guests and diners.
Thai MICE Industry Makes Strong Comeback Recording 42% Rise in Overseas Travelers in 2024
Thailand's MICE industry posted an impressive 42% rise in overseas MICE travelers in its 2024 fiscal year (October 2023 -September 2024) totaling 1.16 million travelers, putting it closer to the record high of 1.2 million travelers achieved pre-pande
Global airline revenues next year to exceed $1T, says industry group
Passenger numbers projected to exceed 5B for the first time next year, says new industry report.
TUI Group: Full year 2024 delivers strong growth to 23.2 billion euros
TUI Group again ended the financial year 2024 with a significant increase in operating earnings.
Ireland’s first Radisson RED opens in Galway
Radisson RED Galway has opened its doors, making it the first property of the bold, upscale brand in Ireland.
Emirates to launch retrofitted Boeing 777 on Vienna route
Emirates, the world’s largest international airline, has announced plans to deploy its retrofitted Boeing 777 on flights EK125/126 between Dubai and Vienna starting from 3 January 2025*, making Vienna the fourth city in the airline’s European net