Boston (TAN): Texas-based Sabre Corporation, a provider of technology to the global travel industry, organised a ribbon-cutting ceremony last week to mark the opening of its Boston Innovation Lab. Boston Mayor Marty Walsh was among the guests who attended the event.
“Sabre has a long history of technology leadership in retailing, distribution and fulfillment of the USD 1.7 trillion travel marketplace,” said Sabre CEO Sean Menke. “Over the past two years, we have focused on reinvigorating and transforming Sabre to continue to accelerate innovation to the market. Today we take an important step in that journey by opening our Innovation Lab in Boston, where we look forward to exciting developments that will result from partnerships with our customers and technology partners.”
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The Innovation Lab will serve as the headquarters for Sabre Labs, Sabre’s global research and development arm that explores novel uses of big data, machine learning, AI and other emerging technologies to shape the future of travel.
“Boston was an obvious choice for the location of our Innovation Hub,” he said
Speaking about Boston as the location of the Innovation Hub, President of Sabre Labs and Product Strategy Sundar Narasimhan said, “It has a vibrant technology community and access to talent from the nation’s foremost technical universities. In this lab, our team of software engineers will work in close collaboration with Sabre’s product development teams and customers to accelerate ideas into next-generation solutions that reimagine the business of travel.”
Sabre’s technologies produced $3.9 billion in revenue in 2018, the company said in a statement.
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. The firm has customers in more than 160 countries, the statement added.
