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Hotels and motels

Sabre Corporation Renews Long-Term Agreement with Wyndham Hotels & Resorts

Strategic Insights

— 1 min read

Sabre Corporation, a division of Sabre Holdings (NASDAQ: SABR), has announced the renewal of its long-term agreement with Wyndham Hotels & Resorts, the world's largest hotel franchisor. Under this renewed agreement, Wyndham will continue to utilize Sabre's cloud-based SynXis Central Reservations System (CRS) to manage its operations, solidifying Sabre Hospitality as its exclusive global CRS provider for nearly two decades.

Key Takeaways:

  • The renewed agreement ensures Wyndham's continued use of Sabre's SynXis CRS, a leading global hospitality commerce and distribution platform, for efficient pricing and inventory management, extensive global distribution connectivity, and robust bulk upload tools.
  • The platform will also help Wyndham maintain its competitive advantage while continuing to deliver memorable experiences to its guests.
  • The agreement underscores the enduring power of the SynXis platform, known for its stability, security, and scalability.
  • The migration of over 5,000 Wyndham properties to the SynXis Property Hub earlier this spring demonstrates the platform's ability to support large-scale operations seamlessly.
  • Wyndham Hotels & Resorts operates 25 brands comprising over 9,100 hotels across 95 countries, with nearly 70 million transactions annually.
  • The renewed agreement highlights the strength and reliability of the SynXis platform, supporting Wyndham's strategy in delivering innovative solutions to its global portfolio.
  • Gene Guhne, senior vice president, global managing director, enterprise sales for Sabre Hospitality, stated the agreement is a testament to the strength and reliability of the SynXis platform.
  • Scott Strickland, Chief Commercial Officer (CCO) of Wyndham Hotels & Resorts, expressed the collaboration with Sabre Hospitality has been instrumental in their ability to offer superior technology solutions to their franchisees and hotel operators.

Statistics:

  • 9,100 hotels across 95 countries
  • 25 hotel brands
  • 5,000 Wyndham properties migrated to SynXis Property Hub
  • 70 million transactions annually
  • 9,200 hotels worldwide, the largest number of hotels under a single brand

Sources:

  • SABR-F Media Contacts: Kristin Hays (kristin.hays@sabre.com), Heidi Castle (heidie.castle@sabre.com)
  • Investor Contact: Brian Robertssabre.investorrelations@sabre.com
  • Sabre Corporation (publicly traded as NASDAQ: SABR)
  • Wyndham Hotels & Resorts (publicly traded as NYSE: WH)

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