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Sabre announces strategic priorities designed to accelerate growth ·

Sabre announces strategic priorities designed to accelerate growth

 Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, today announced a set of strategic priorities that are expected to position the Company to accelerate growth and create long term shareholder value.

As part of its vision to lead a new marketplace for personalized travel, Sabre detailed five strategic initiatives that are intended to increase the Company’s addressable market across its business, deliver revenue and market share growth, and improve the Company’s overall margin structure.  Specifically, each priority seeks to:

Create personalized offers: accelerating new IT capabilities, processes and intelligence that allow suppliers to retail personalized offers through all channels, unlocking more value per passenger boarded
Accelerate the future of distribution & NDC: increasing the value of supplier offers and the value of the GDS by integrating NDC content, enabling airlines to distribute personalized offers through the Company’s marketplace and through their direct channels
Unlock growth potential in the LCC market: harnessing the growth and innovation of the fast-growing low cost carrier (LCC) market by creating more ways for LCCs to retail and distribute content, and scaling the offerings of Radixx, the Company’s recently acquired LCC provider
Deliver a full-service property management system to better serve enterprise hotels:  collaborating with Accor, Sabre plans to build a full service property management system that will combine with its best-in-class central reservation system and state-of-the-art limited service property management system within a fully unified, cloud-native platform designed for hoteliers of all property classes, sizes and geographic regions – a milestone in the global travel industry
Transform Sabre’s technology in a preferred partnership with Google: this 10-year strategic partnership is designed to:
Improve Sabre’s technology capability by migrating the Company’s IT infrastructure to Google Cloud’s highly available and secure services with advanced support and greater flexibility
Utilize Google’s data analytics tools to enable Sabre to enhance the capabilities of current and future products by providing insights to help improve operational efficiency and create and optimize travel options, with the goal of improving both loyalty and revenues for its customers

Design a broader innovation framework with Google that seeks to leverage the talent and assets of both companies to imagine, develop and deploy future capabilities that will advance the travel ecosystem, benefiting all market participants.

Sean Menke, Sabre’s President and CEO said, “We are committed to helping our customers operate more efficiently, drive revenue and offer personalized traveler experiences that create greater loyalty. Over the last year, we continued to see shifts in the travel ecosystem resulting in the changing needs of our airline, hotel and agency customers. We are thinking critically about how the retailing, distribution and fulfillment of travel will continue to evolve over the next decade and how each of these elements will become even more interconnected and interdependent.”

Menke continued, “At Sabre, we have the vision, the expertise and the planned investments in our end-to-end capabilities to become the trusted technology partner that brings it all together on one advanced travel platform. Building on the momentum we generated in 2019, we have committed $150 million in 2020 to support the five strategic priorities and better position Sabre for revenue and share growth going forward. These priorities are designed to significantly enhance our technology and product offerings, increase our addressable market and create meaningful opportunities for profitable growth.”

For the last three years, Sabre’s new leadership team has been driving transformational change and building a foundation to position the Company for future growth. The team has been primarily focused on three areas:  the security, stability and health of its technology products and services; enhancing collaboration across the Company’s business segments to accelerate the creation of end-to-end solutions for its customers; and building a leadership team throughout the organization that will lead Sabre into the next phase of its journey to become the trusted technology partner of the travel industry.

Sabre unveiled the Company’s strategic initiatives to its top 900 leaders during its annual global leadership summit in Dallas at the end of January. Today, during the Company’s fourth quarter and full year 2019 earnings conference call, Menke and other members of Sabre’s executive leadership team will discuss the initiatives in further detail.  Details for that call may be found in the Company’s Q4 and FY 2019 earnings release.

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 to 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.

Forward Looking Statements

Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as “design,” “expect,” “vision,” “initiative,” “intend,” “seek,” “plan,” “commit,” “momentum,” “priority,” “goal,” “believe,” “opportunity,” “position,” “future,” “anticipate,” “will,” “estimate,” “project,” “may,” “should,” “would,” “potential” or the negative of these terms or other comparable terminology. Forward-looking statements 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. The potential risks and uncertainties include, among others, dependency on transaction volumes in the global travel industry, particularly air travel transaction volumes, including from airlines’ insolvency or suspension of service or aircraft groundings, the duration and effects of the Coronavirus, the timing, implementation and effects of the technology investment and other strategic imperatives, the completion and effects of travel platforms, travel suppliers’ usage of alternative distribution models, exposure to pricing pressure in the Travel Network business, changes affecting travel supplier customers, maintenance of the integrity of our systems and infrastructure and the effect of any security breaches, failure to adapt to technological advancements, competition in the travel distribution market and solutions markets, implementation of software solutions, reliance on third parties to provide information technology services and the effects of these services, the finalization of an agreement to implement a full-service property management system, the execution, implementation and effects of new or renewed agreements, dependence on establishing, maintaining and renewing contracts with customers and other counterparties and collecting amounts due to us under these agreements, dependence on relationships with travel buyers, our collection, processing, storage, use and transmission of personal data and risks associated with PCI compliance, our ability to recruit, train and retain employees, including our key executive officers and technical employees, the financial and business results and effects of acquisitions, including related costs, and, as applicable, the closing and integration of these acquisitions, the effects of any litigation and regulatory reviews and investigations, including with respect to proposed and completed acquisitions, adverse global and regional economic and political conditions, including, but not limited to, economic conditions in countries or regions with traditionally high levels of exports to China or that have commodities-based economies and the effect of “Brexit” and uncertainty due to related negotiations, risks arising from global operations, reliance on the value of our brands, failure to comply with regulations, use of third-party distributor partners, the effects of the implementation of new accounting standards, and tax-related matters, including the effects of the Tax Cuts and Jobs Act. More information about potential risks and uncertainties that could affect our business and results of operations is included in the “Risk Factors” and “Forward-Looking Statements” sections in our Quarterly Report on Form 10-Q filed with the SEC on October 31, 2019 and our Annual Report on Form 10-K filed with the SEC on February 15, 2019 and in our other filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, outlook, guidance, results, actions, levels of activity, performance or achievements. Readers are cautioned not to place undue reliance on these forward-looking statements. 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 they are made.

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Lufthansa is expanding its services to Canada ·

Lufthansa is expanding its services to Canada

Calgary is Lufthansa’s fifth Canadian destination

Flights bookable from 26 February 2020

Good news for Canada fans: From 1 June 2020, Lufthansa, in cooperation with Eurowings, will reintroduce the Canadian city of Calgary to the flight schedule from Frankfurt on a seasonal basis.  Lufthansa is thus further expanding its long-haul tourist offer from Frankfurt. Calgary, located in the southwest of Canada, is a popular tourist destination and an ideal starting point for exploring the province of Alberta and the well-known Banff and Jasper National Parks in the Rocky Mountains.

From Germany’s largest hub, it will initially depart for North America four times a week – on Mondays, Wednesdays, Fridays and Saturdays. The flight with the flight number LH5452 departs Frankfurt at 9.50 a.m. and arrives at its destination at 11.55 a.m. local time. The return flight of LH5453 departs Calgary at 1.45 p.m. and arrives in Frankfurt at 7.20 a.m. the next day. An Airbus A330-200 with a total of 270 seats on board will be used for the flight. The booking classes available are Business Class, Premium Economy Class and Economy Class.

With Calgary, Lufthansa will be flying from Frankfurt to the fifth city in Canada in summer 2020 (in addition to Calgary, Ottawa, Montréal, Toronto and Vancouver). The Canadian offer is complemented by Lufthansa flights from Munich to Montréal, Toronto and Vancouver.

In addition, the Lufthansa Group offers numerous other options for flying to Canada with its airlines Austrian Airlines, Brussels Airlines, Edelweiss and Swiss International Air Lines and its joint venture partner Air Canada.

Flights from Frankfurt to Calgary can be booked from 26 February 2020. Further information and the possibility of booking Lufthansa flights is available on the Internet at lufthansa.com and eurowings.com and via the Lufthansa Service Centres on (069) 86 799 799 (fixed network tariff). Flights can also be booked at Lufthansa travel agency partners and at Lufthansa sales counters at airports.

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Lufthansa adopts a package of measures ·

Lufthansa adopts a package of measures

Budget reduction in the administrative areas

Offer of unpaid leave for employees

Expansion of options for part-time work planned

New recruitment suspended

In order to counteract the economic impact of the coronavirus at an early stage, Lufthansa is implementing several measures to lower costs: among other things, all new hires planned for the airline with the crane will be reassessed, suspended or deferred to a later date. Lufthansa is also offering employees unpaid leave effective immediately. An expansion of part-time work options in the context of collective bargaining agreements is currently being examined.

All planned flight attendant and station personnel training courses as of April 2020 will not be carried out. For the time being, the participants of courses that are already in progress will not be hired. However, the aim remains to be able to offer the participants employment contracts in the long term. In the administrative areas, the core brand Lufthansa will reduce its project volume by ten percent and the budget for material costs by 20 percent.

Following a thorough assessment of all available information on the effects of the novel coronavirus, Lufthansa Group had already cancelled all flights by Lufthansa, SWISS and Austrian Airlines to/from mainland China until the end of the winter flight schedule on 28 March. Due to the current demand situation for flights to and from Hong Kong, capacity adjustments have already been made on this route, and additional frequency adjustments to and from Frankfurt, Munich and Zurich are planned. In purely mathematical terms, 13 Lufthansa Group aircraft are currently on the ground.

It is not yet possible to estimate the expected impact of the current developments on earnings. The group will be commenting on this matter at the press briefing for the annual results on 19 March.

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Maasai Mara lodge introduces a seasonal safari camp

Angama Mara, a safari lodge overlooking Kenya’s Maasai Mara, will be unveil its Angama Safari Camp in July. This seasonal, sole use, tented camp will be situated in a remote wilderness region of the southwestern Mara Triangle.

Comprising four tents, sleeping up to eight guests, the camp will offer absolute privacy in the midst of the megaherds of the migration and the resident wildlife.

The tents have a distinctive look created through a playful and unusual roof shape. Each tent features a bedroom, dressing room and bathroom, and will offer the same levels of comfort as the Angama Mara lodge does.

Aside from the migration, the region of the Mara Triangle where the Angama Safari Camp is located is home to cheetahs, resident prides of lions, large elephant herds, buffaloes and abundant plains game.

The Angama Safari Camp will operate until the end of September, although October is available for booking upon request. There is a minimum three-night stay, and children of all ages are welcome.

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Emirates teams with operators on carbon negative private jet safari

Emirates has teamed up with Roar Africa and Great Plains Conservation to launch what it says is the first carbon-negative private jet safari — removing more carbon from the atmosphere than it generates — from Sept. 22 to Oct. 4. The safari is available for just 10 travelers at a cost of $125,000 per person for a journey across four African destinations.

The 12-day trip starts in Dubai and offers all the luxuries of private travel aboard an Emirates A319 Executive Private Jet equipped with private suites and a shower. The trip offers travelers adventures and experiences in Botswana, Kenya, Rwanda and Zimbabwe. Travelers will stay at the Mpala Jena Camp in Zimbabwe, Duba Plains Camp in Botswana and Mara Plains Camp in Kenya, among others.

Designed with the aim to preserve and support some of Africa’s most vulnerable wildlife, wild spaces and communities, the itinerary will take travelers to Zimbabwe’s Victoria Falls (one of the Seven Natural Wonders of the World), the Okavango Delta in Botswana (the largest inland delta on the planet), Kenya’s Great Migration and to view the world’s last wild mountain gorillas in Rwanda.

As part of a commitment to reversing the devastating effects of climate change, the companies promise to offset each guest’s carbon footprint to a better than carbon-neutral status. In addition, Roar Africa will make a substantial donation to the Great Plains Foundation, which will go directly toward conservation education programs for young people who live in and around the areas visited.

For more information on the Roar Africa Emirates Executive Private Jet African Safari, email [email protected], or call (855) 666-ROAR.

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AndBeyond opens treehouse near Kruger Natl Park

Luxury travel company AndBeyond has launched a treehouse experience at Ngala Private Game Reserve, which is situated near Kruger National Park in South Africa. The Ngala Treehouse is a remote, overnight retreat that offers travelers a sleepout experience beneath the stars.

The four-level treehouse features a choice of two sleeping areas: an enclosed, weatherproof bedroom with a king-size bed, hot running shower and flushing toilet on the third level or an elevated sleep-out platform set beneath a retractable awning on the rooftop. Ngala Treehouse can host a maximum of two adults and two children between the ages of 10 and 16 in its two sleeping areas.

Travelers will be treated to a tapas-style picnic dinner set up beneath the stars. They will receive a radio and a mobile phone for use in case of inclement weather or other emergencies.

Although the treehouse does not offer a full kitchen, there is a stocked bar and selection of midnight and breakfast snacks as well as a coffee station. The treehouse is solar-powered, enabling visitors to charge their camera batteries and other appliances.

Not designed for long-term stays, the Ngala Treehouse is an innovative overnight wilderness experience that complements a stay at one of the reserve’s two permanent lodges, AndBeyond Ngala Safari Lodge or AndBeyond Ngala Tented Camp.

Prices for the Ngala Treehouse start from roughly $560 per night. For more information, visit www.andbeyond.com.

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Wildlife Adventures safaris help bring water to Hwange National Park

Travel company Wildland Adventures has added a second departure for its conservation safari to the Hwange National Park double for the 2020 season. It offered just one departure in 2019.

The 11-day Water for Hwange Conservation Safari supports the purchase, installation and maintenance of solar-hybrid water pumps that assist the conservation of elephants and other wildlife in the park.

The pumps are also making life easier for villagers bordering the park in western Zimbabwe. They no longer have to spend hours pumping water by hand or walking long distances to carry it home. Replacing two old diesel pumps with solar-hybrid water pumps has impacted 10,000 elephants and 3,500 Cape buffalo. The same strategy replaced hand pumps in two villages, benefitting over 350 households and close to 4,000 livestock.

“The fact that guests get to see the pumps in action, along with the herds of elephants that congregate to the waterholes, and then meet the rangers who protect them and the communities that benefit from tourism, is incredibly gratifying to us and our travelers,” said Kurt Kutay, Wildland Adventures’ founding CEO and president.

Accommodations are organized in lodges built on community land to make sure the local communities are benefiting from tourism. The Wildland Adventures safari is led by resident safari guide Mark Butcher, a native Zimbabwean and visionary conservationist who directs wildlife conservation and community development in and around Hwange.

There are two departures of this conservation safari in 2020: June 10 to 20 and July 27 to Aug. 6. A 2021 departure is scheduled for July 4 to 21. Rates start from $7,180 per person, double, and includes a $500 tax-deductible donation to Wildland Adventures’ nonprofit Travelers Conservation Trust Foundation that dedicates 100% of contributions directly to support the communities guests visit.

For more information on Wildland Adventures’ worldwide offerings, availability and reservations call  (800) 345-4453 or email [email protected] Visit http://www.wildland.com/.

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Destinations

AndBeyond opens treehouse near Kruger Natl Park

Luxury travel company AndBeyond has launched a treehouse experience at Ngala Private Game Reserve, which is situated near Kruger National Park in South Africa. The Ngala Treehouse is a remote, overnight retreat that offers travelers a sleepout experience beneath the stars.

The four-level treehouse features a choice of two sleeping areas: an enclosed, weatherproof bedroom with a king-size bed, hot running shower and flushing toilet on the third level or an elevated sleep-out platform set beneath a retractable awning on the rooftop. Ngala Treehouse can host a maximum of two adults and two children between the ages of 10 and 16 in its two sleeping areas.

Travelers will be treated to a tapas-style picnic dinner set up beneath the stars. They will receive a radio and a mobile phone for use in case of inclement weather or other emergencies.

Although the treehouse does not offer a full kitchen, there is a stocked bar and selection of midnight and breakfast snacks as well as a coffee station. The treehouse is solar-powered, enabling visitors to charge their camera batteries and other appliances.

Not designed for long-term stays, the Ngala Treehouse is an innovative overnight wilderness experience that complements a stay at one of the reserve’s two permanent lodges, AndBeyond Ngala Safari Lodge or AndBeyond Ngala Tented Camp.

Prices for the Ngala Treehouse start from roughly $560 per night. For more information, visit www.andbeyond.com.

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U.S. airlines begin waiving change fees for Europe travel following coronavirus spread



a view of a city street

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The coronavirus situation continues to escalate around the world — now, U.S. travelers are reconsidering their plans to visit countries throughout Europe, with cities in northern Italy falling under even greater scrutiny following a recent outbreak near Milan.

As a result, U.S. airlines are issuing their first travel waivers covering travel to Europe, focused specifically on Italy — for now, at least.

Currently, Delta is offering customers with flights booked on or before February 26 to or from Italy between now and March 15, 2020 the ability to make a one-time change without any penalties. Head over to My Trips on Delta’s website, click “Modify flight” and “Start Flight Change” to change your dates. As of now, all fees will be waived prior to checkout as long as you plan to travel by April 3, 2020 — Delta will waive the change fee to travel beyond that date or to another destination, but a difference in fare may apply.

United’s waiver, meanwhile, only covers cities in Northern Italy, including Bologna, (BLQ), Genoa (GOA), Milan (BGY, LIN and MXP), Trieste (TRS), Turin (TRN), Venice (VCE) and Verona (VRN). Tickets must have been purchased by February 26 for travel dates by April 30, 2020. United will waive the change fee and fare difference for travel between the original cities departing by April 30 — passengers flying after that date or between different cities than originally booked will have the change fee waived, but a difference in fare may apply. As with Delta, affected customers should be able to make changes by pulling up their reservations online.

We’ll continue to update this page as the situation evolves — in the meantime, if you’re still considering a trip, be sure to check out our detailed guide to traveling during the coronavirus outbreak.

Featured photo by Westend61/Getty Images.

WATCH: How COVID-19 fears are affecting airlines (provided by CNBC)


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