Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Sabre Corp    SABR

News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

Sabre : Are you able to offer your travelers the right hotel choice?

share with twitter share with LinkedIn share with facebook
share via e-mail
02/27/2017 | 07:17pm CET

Travelers increasingly expect agents to offer personalized guidance and a unique hotel experience. They want to be treated as individuals and receive recommendations that reflect their own tastes and preferences.

Customers looking to book a hotel are faced with an overwhelming amount of options compared to booking a flight and their decisions are much more emotional and driven by personal preference, as the final choice is so integral to the enjoyment of the whole trip.

They weigh up a large list of pros and cons about everything from food and drink to excursions before making a hotel booking. Knowing as much as possible about a potential customer's likes and dislikes means an agent can guide customers through all the relevant options - and relevancy is the key word. With such information. they can send timely messages via the customer's preferred channel - be it direct mail, social or email.

To meet customer expectations, agents need a shop window with everything available in one place together with rich content that will help the agent find the right product to recommend. Assets such as 360 degree video, strong imagery and customer reviews are key levers in decision-making. Leisure travelers ranked photos and price high as factors helping them make a hotel booking for a leisure break in a recent Sabre Twitter poll, compared to location for business travellers.

TMCs are specialists and keep their finger on the pulse of emerging travel trends - but the 'secret sauce' that delivers success is being able to deliver on these trends with the aid of technology.

Two key overlapping trends illustrate the importance of understanding the customer and tailoring recommendations - the rise of the 'bleisure' trip and the expectations millennials bring to their workplace and holidays.

Bleisure bookings are gaining ground as time-pressed business travelers look to extend work trips and explore surrounding leisure options. TMCs know the importance of large hotel chains in delivering a consistent, convenient and quality experience, but some business travelers want to stretch out and try boutique, tailored accommodation as well. The percentage of leisure trips with a business component jumped to 17% last year, compared to 14% in 2015, according to Travel Weekly's 2016 Consumer Trends report.[1]

Millennials blur their work/life boundaries and their behaviour has a growing impact on the hotel business - under 30s travel 4.7 times per year on business, versus 3.6 times per year among 30-45-year-olds, and 4.2 times per year among 46-65-year-olds. They also take more leisure trips, at 4.2 trips a year, versus 2.9 for 31-45-year-olds and 3.2 for 46-65-year-olds.[2]

TMCs need to 'get under the skin' of this cohort- and don't forget they make up a sizeable chunk of your own employees too, so understanding their likes and dislikes will be extremely helpful.

Travelers head to agents that offer the widest array of accommodation and can surface what they are looking for quickly and easily. The TMC that serves solutions at speed thanks to having a breadth of content in one place and an efficient workflow will satisfy the customer and also free up agents to be more productive, rather than tying them up searching in multiple places for a suitable hotel solution.

Booking everything within a single system also means no time is wasted adding passive bookings to the Passenger Name Record - and there is no risk of passenger information being lost. A corporate will be able to keep track of employees' whereabouts and carry out its duty of care in case of a crisis.

All in all, TMCs that can meet emerging trends with fast, efficient and personalized services will stand out and differentiate themselves from the competition.

The challenges and opportunities presented by new customer trends are explored in Sabre's next webinar on Tuesday March 7. Be sure to register now.

[1] http://www.travelweekly.com/ConsumerSurvey2016/Bleisure-is-now-more-than-a-buzzword

[2] https://viewfinder.expedia.com/features/future-of-travel-report/

Sabre Corporation published this content on 27 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 February 2017 18:17:13 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SABRE CORP
02/27 SABRE : Are you able to offer your travelers the right hotel choice?
02/24 SABRE CORP : Entry into a Material Definitive Agreement, Creation of a Direct Fi..
02/24 SABRE : first to bring FlightGlobal's real-time flight schedule data to travel a..
02/24 SABRE CORP : Post Earnings Coverage as Fidelity Revenue Increased 30.4% on Repor..
02/23 SABRE : Four graphics on the state of business travel in 2017
02/22 SABRE CORPORATION : Announces Closing of Incremental Term Loan and Amendments to..
02/22 SABRE : and Egencia Make 2017 ‘The Year of the Business Traveler’
02/22 SABRE : How the alliance model evolved to become a key feature of airlines
02/22 SABRE : Egencia Make 2017 'Year of Business Traveler'
02/21 SABRE : Using the Trip Planning Cost Estimator to reduce business travel expense..
More news
Sector news : Application Software
02/23DJALPHABET : Companies Seek to Sway Trump Administration on FTC Choice--Update
02/23DJINTUIT : Revenue Rises 10%
02/23DJALPHABET : Companies Seek to Sway Trump Administration on FTC Choice
02/21 HSBC pulls FTSE lower
02/17DJAmazon Rivals Have Big Clouds to Fill
More sector news : Application Software
News from SeekingAlpha
02/07 Sabre (SABR) Q4 2016 Results - Earnings Call Transcript
02/07 Sabre Corporation 2016 Q4 - Results - Earnings Call Slides
02/07 Sabre misses by $0.04, beats on revenue
Financials ($)
Sales 2017 3 572 M
EBIT 2017 728 M
Net income 2017 253 M
Debt 2017 3 014 M
Yield 2017 2,50%
P/E ratio 2017 24,76
P/E ratio 2018 18,31
EV / Sales 2017 2,53x
EV / Sales 2018 2,33x
Capitalization 6 039 M
More Financials
Duration : Period :
Sabre Corp Technical Analysis Chart | SABR | US78573M1045 | 4-Traders
Full-screen chart
Technical analysis trends SABRE CORP
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 26,2 $
Spread / Average Target 20%
Consensus details
EPS Revisions
More Estimates Revisions
Sean E. Menke President, Chief Executive Officer & Director
Lawrence W. Kellner Executive Chairman
Richard A. Simonson Chief Financial Officer & Executive Vice President
Karl Ivar Peterson Independent Director
Joseph Howard Osnoss Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SABRE CORP-12.67%6 039
AUTODESK, INC.18.29%19 485
WORKDAY INC35.66%18 022
More Results