SINGAPORE, 9 December 2021: Sabre Corporation and American Express Global Business Travel (GBT) concluded a long-term, multi-faceted strategic partnership this week.
Under the terms of the newly expanded technology partnership
– which takes effect in January 2022 – GBT will increase its commitment with
Sabre and make a multi-million dollar, long-term annual investment in joint
technology development with Sabre over the next ten years. The partnership
between two industry leaders puts the two companies in an ideal position to
deliver best-in-class products and services throughout the corporate travel
ecosystem and drive meaningful growth to both companies and the travel
ecosystem in its entirety.
“While the pandemic has undoubtedly challenged the travel
industry, we firmly believe in a robust recovery over time, particularly in
corporate travel,” said Sabre president and chief executive officer Sean Menke.
Together, the companies will work to accelerate product innovation and develop a distribution ecosystem that meets the future needs of customers and suppliers. This will include collaborating on corporate travel booking capabilities that enhance value to customers and suppliers, accelerating merchandising and retailing solutions, and enabling efficient and superior customer service.