Ladies and gentlemen, listen up! We’ve got some exciting news coming straight from the travel industry. Sabre, yeah you know the one, they’re making some big moves! They’re teaming up with the giants over at Google Cloud to take their game to a whole new level. Can you believe it?
Brett Thorstad, the Vice President of Sabre Travel Solutions, agency sales and APAC, had some things to say about this collaboration. He believes that Google has the power to push their capabilities to new heights in the travel space. So, they’ve been working closely with Google to figure out how they can make the most of their own data and assets, and bring AI and machine learning into the mix for their partners. It’s all about leveraging that technology, baby!
Picture this: The Sabre Space Asian roadshow in the Philippines. That’s where Thorstad dropped some extra juicy details. Since their partnership with Google in 2020, Sabre has been busy launching airline pricing products. You know what that means? Carriers can now use AI to dynamically price their fares and other goodies. It’s like magic happening right before our eyes.
But here’s the real kicker – it’s not just airlines and the fancy OTAs that get to play with AI. Traditional travel agencies get a piece of the action too! Sabre isn’t leaving them in the dust. Just this month, they unveiled Lodging AI. When a hotel is sold out or your search criteria isn’t met, this miracle worker offers up to 20 alternatives. No more settling for second best, my friends. And let’s not forget about the Schedule Change Predictor. It helps create and offer travel itineraries, predicting all those pesky flight cancellations and disruptions. Talk about staying one step ahead!
Now, let’s talk content. We all know the GDS is all about that air content, but times are changing, my friends. Thorstad sees a bright future where the GDS becomes a hub for all kinds of bookings – hotel, car rental, cruise, and tours. Yes, you heard that right! They’re planning on adding more and more content into the GDS, making it a one-stop-shop for all your travel needs. Can you even imagine the possibilities?
But wait, there’s more! Thorstad had some insights to share about this crazy industry we call travel. You ready for this? Airline seat capacity is making a comeback, almost back to normal. But here’s the kicker – travel agency GDS bookings aren’t growing as quickly. It’s the corporate travel side that’s booming. Turns out, our work-from-home situation has thrown a wrench in the corporate travel market. Corporations are being more intentional about their trips, reducing those day trips. But hey, on the bright side, business travelers are taking longer trips. Silver linings, my friends!
And here’s a fun fact for you – business class and premium economy seats are selling better now than in 2019. Who would’ve thought? So, while things might be a little funky right now, there’s still plenty of opportunities in this crazy world of travel.
That’s all we’ve got for you today, folks. Stay tuned for more mind-blowing news, as we continue to explore the ever-evolving world of travel and technology. It’s a wild ride, my friends. Buckle up!