By HTN Staff – September 30, 2022
Rumors are swirling that travel software and technology provider Sabre Corporation, a publicly traded company headquartered in Southlake, Texas, may be looking to sell its hotel division. Sabre serves clients in more than 160 countries around the world, managing more than $260 billion The value of annual global travel costs.
Hotel Technology News Sabre was contacted for comment but has yet to hear back.
The division provides software that helps hotels book online, manage properties and perform other important tasks. While it’s only a small part of Sabre’s overall business, it’s still an important part.
In recent years, Sabre has been increasingly focused on expanding its hotel technology platform, leading with its SynXis Central Reservation system, through which hotels can integrate their websites to accept reservations. The solution helps hotels eliminate discrepancies in booking data. Last September, the company launched SynXis Property Hub, a cloud-native property management system.With this release, Sabre’s startup customers have implemented SynXis Property Centers in over 450 properties, including over 90 select-service Wyndham Hotels & Resorts properties North America.
With SynXis Property Hub, content, pricing and availability, and flexible workflows are all in one place. This is designed to enhance the guest experience and allow hoteliers to create a consistent brand experience. Its intuitive design also reduces time spent on routine tasks and speeds up the employee onboarding process.
In May, Sabre reportedly acquired Nuvola, a well-known provider of hotel service optimization and guest engagement software for hoteliers around the world. The deal includes Nuvola technology and customer support software, as well as the integration of Nuvola employees with Sabre.
If the rumors are true, it would be another sign that Sabre is looking to streamline its operations and focus on its core business. The company has sold several non-core assets in recent years, including its travel booking site Travelocity.
Only time will tell if these latest rumors are true. But if so, it would be a major development in hospitality technology, with the potential to reshape the landscape of competing solution providers.