SOUTHLAKE, Texas, Nov. 18, 2020 /PRNewswire/ -- Sabre
Corporation (NASDAQ: SABR), the leading software and
technology provider that powers the global travel industry, and GOL
Airlines, Brazil's largest
domestic airline, today announced the airline's successful
technology migration to Sabre's Revenue Optimizer solution.
Sabre's Revenue Optimizer will help GOL Airlines take a
360-degree approach to forecasting, analyzing and optimizing its
revenue streams by providing visibility into the total revenue for
every flight, market and departure date.
Revenue Optimizer is a real-time revenue management solution
that leverages intelligent decision support to recommend
availability, customer choice-based demand forecasting and
competitive intelligence.
Since the beginning of the COVID-19 pandemic, Sabre has
continued to evolve and improve the solution, providing airlines
with actionable insights into the current travel market. Revenue
Optimizer incorporates available competitor fare data to adjust
availability considering market context. It also automatically
corrects demand forecasts based on the latest booking activity in
the market, which is essential in today's unpredictable travel
environment.
"As the travel market slowly recovers from the effects of the
pandemic, it's more important than ever to leverage technology
solutions that help us maximize revenue," said Renato Bellomo, revenue management director at
GOL Airlines. "We couldn't be more pleased with how smoothly the
implementation process went. This next-generation tool is vital in
a market where competitors are adopting increasingly aggressive and
dynamic tactics."
GOL recently increased its capacity to nearly 400 flights per
day, increasing frequencies in its hubs in São Paulo, Rio de
Janeiro, Fortaleza, Salvador and Brasília.
"We are thrilled that GOL Airlines implemented Sabre's Revenue
Optimizer solution and that the process went so smoothly" said
Ana Maria Escobar, vice president,
airline sales for Latin America
and the Caribbean, Sabre Travel
Solutions. "Revenue Optimizer equips airlines with essential
real-time, data-driven technology to leverage insights that can
help them overcome these challenging times and thrive in the
longer-term."
Revenue Optimizer empowers airlines to make decisions based on
current data, leading to potential opportunities for increased
revenues. The increased clarity and transparency of the data
provides a more accurate picture of market and this solution is a
core component of Sabre's Dynamic Pricing and Offer Management
suite of products, that will help airlines move forward in their
journey to become next-generation travel retailers.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that
powers the global travel industry, serving a wide range of travel
companies including airlines, hoteliers, travel agencies and other
suppliers. The company provides retailing, distribution and
fulfilment solutions that help its customers operate more
efficiently, drive revenue and offer personalized traveler
experiences. Through its leading travel marketplace, Sabre connects
travel suppliers with buyers from around the globe. Sabre's
technology platform manages more than $260B worth of global travel spend annually.
Headquartered in Southlake, Texas,
USA, Sabre serves customers in more than 160 countries around the
world. For more information visit www.sabre.com.
About GOL Linhas Aéreas Inteligentes S.A.
GOL serves more than 37 million passengers annually. With
Brazil's largest network, GOL
offers customers more than 750 daily flights to over 100
destinations in Brazil and
South America, the Caribbean and the
United States. GOLLOG's cargo transportation and logistics
business serves more than 3,400 Brazilian municipalities and more
than 200 international destinations in 95 countries. SMILES allows
over 16 million registered clients to accumulate miles and redeem
tickets to more than 700 destinations worldwide on the GOL partner
network. Headquartered in São Paulo, GOL has a team of
approximately 15,000 highly-skilled aviation professionals, and
operates a fleet of 129 Boeing 737 aircraft, delivering
Brazil's top on-time performance
and an industry leading 19-year safety record. GOL has invested
billions of Reais in facilities, products and services, and
technology to enhance the customer experience in the air and on the
ground. GOL's shares are traded on the NYSE (GOL) and the B3
(GOLL4). For further information, visit www.voegol.com.br/ir.
SABR-F
Contacts:
Media
Kristin Hays
kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
sabrenews@sabre.com
Investors
Kevin
Crissey
kevin.crissey@sabre.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/gol-airlines-and-sabre-successfully-implement-industry-leading-revenue-optimization-solution-301175810.html
SOURCE Sabre Corporation