Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, has signed a strategic long-term global partnership with OYO Hotels & Homes. With this partnership, OYO will be connected to almost 900,000 travel agents globally, through the GDS connectivity solution powered by Sabre Hospitality Solutions’ innovative SynXis platform, that will help OYO generate increased bookings and open up additional revenue opportunities for its asset owners worldwide.
Maninder Gulati, Global Chief Strategy Officer, OYO Hotels & Homes said, “At OYO Hotels & Homes, we have built strong capabilities to work with distribution partners and are excited to begin this relationship with Sabre. Asset owners are the backbone of our business at OYO and we believe that this partnership will immensely help owners generate additional demand for the properties and widen their reach.”
“Sabre’s deep-rooted expertise and proven ability to handle large volumes of properties and transactions make them a partner of choice for OYO,” he added.
Under this agreement, OYO Hotels & Homes will be connected to Global Distribution Systems (GDS), including Sabre, and will gain access to extensive business opportunities from all over the world. In addition to linking the chain’s vast portfolio to numerous distribution channels, the agreement also includes the ability for OYO to connect with major corporations and begin RFP contracting, leveraging major Consortia to ultimately, generate incremental revenue for the OYO brand.
“Sabre is pleased to have been selected as a trusted partner by OYO Hotels & Homes, and we are confident in our ability to deliver innovative technology solutions and enhanced connectivity as the brand continues to grow their global footprint,” said Frank Trampert, Managing Director & Chief Commercial Officer, EMEA & APAC, Sabre Hospitality Solutions. “With this announcement, we are enabling a new distribution model for OYO, increasing their exposure to global markets in addition to supporting travel agents as they aim to cater to their customers’ ever-changing needs,” he added.