Dallas-based technology provider to the travel industry Sabre Corporation (NASDAQ: SABR), has announced it has signed an agreement with lVietnam Airlines, which will adopt Sabre Revenue Optimizer and SabreSonic Inventory solutions to enable responsive real-time origin and destination (O&D) revenue management, the company said.
This will further strengthen Vietnam Airlines´ forecasting and inventory control capabilities, helping maximize its revenue and setting the foundation for dynamic offer creation.
Re-thinking traditional revenue management technology, Revenue Optimizer is at the core of Sabre´s end-to-end offer management strategy. Sabre´s intelligent revenue management solution paired with its Inventory O&D, incorporates modern, modular system architecture, offering performance that can power near real-time event-driven data processing and optimization.
Revenue Optimizer is designed to allow airlines to optimize availability by considering relevant data sources and seamlessly integrating across an airline´s commercial planning organization.
Sabre Corporation is the leading technology provider to the global travel industry. 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. Sabre also operates a leading global travel marketplace, which processes more than USD 120 billion of global travel spend annually by connecting travel buyers and suppliers.
Vietnam Airlines is the flag carrier of Vietnam and the major carrier in South East Asia, operating 94 routes to 18 domestic and 33 international destinations with an average of 400 flights per day. Vietnam Airlines is the first airline in the world to successfully operate both next-generation aircrafts Boeing 787-9 Dreamliner and Airbus A350-900 XWB at the same time.