Hyatt Pens Deal With Sabre To Make Booking Process Faster
Portfolio Pulse from Lekha Gupta
Hyatt Hotels Corp has signed a deal with Sabre Corp to implement technology that will speed up the search and booking process. Sabre's SynXis Central Reservation System will become the primary Central Reservation System for Hyatt hotels from 2024. This will enhance Hyatt's reservation efficiency, simplify operations, and improve guest experience. Hyatt also signed a franchise agreement with JUEL Hospitality Limited to create the 160-room Hyatt Centric Malta in Europe.
July 19, 2023 | 5:07 pm
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POSITIVE IMPACT
Hyatt's deal with Sabre to improve its reservation system and the franchise agreement with JUEL Hospitality Limited could potentially boost its operational efficiency and expand its presence in Europe.
The deal with Sabre will streamline Hyatt's reservation system, potentially leading to increased bookings and customer satisfaction. The franchise agreement with JUEL Hospitality Limited expands Hyatt's presence in Europe, potentially increasing its market share and revenues.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Sabre's deal with Hyatt to implement its SynXis Central Reservation System could potentially increase its revenues and strengthen its market position.
The deal with Hyatt will increase the usage of Sabre's SynXis Central Reservation System, potentially leading to increased revenues. It also strengthens Sabre's position as a leading provider of technology solutions in the hospitality industry.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100