Croatian flag carrier Croatia Airlines and travel industry technology provider Sabre Corporation (NASDAQ: SABR) have announced they have renewed their partnership with an upgrade to Sabre´s AirVision Optimizer, the companies said.
Sabre´s revenue optimization suite of technology solutions helps airlines take a 360-degree approach to forecasting, analyzing, and optimizing their revenue streams, by providing real-time visibility into the total revenue for every flight, every market and every departure date. The product offering is designed to allow airlines to make the most of their inventory and help break down data silos that may exist across the airline enterprise.
Croatia Airline maintains a flight network of 38 destinations across 24 countries. In 2018, the carrier flew a record number of 2,168,863 passengers — an increase of two percent compared to 2017. The airline is a powerful promoter of Croatia as a travel destination, which welcomed more than 18 million tourists in 2018.
Sabre Corporation 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.