Sabre Hospitality And Wyndham Hotels & Resorts Extend Long-Term Relationship
Portfolio Pulse from Benzinga Newsdesk
Sabre Hospitality, a division of Sabre Corporation (NASDAQ:SABR), has renewed its long-term agreement with Wyndham Hotels & Resorts (NYSE:WH). Wyndham will continue to use Sabre's SynXis Central Reservation System (CRS) to manage its operations, benefiting from efficient pricing, inventory management, and global distribution connectivity.
July 31, 2024 | 12:36 pm
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POSITIVE IMPACT
Sabre Corporation has renewed its long-term agreement with Wyndham Hotels & Resorts, ensuring continued use of its SynXis Central Reservation System. This renewal solidifies Sabre's position as a key technology provider in the hospitality industry.
The renewal of the agreement with Wyndham Hotels & Resorts ensures continued revenue and market presence for Sabre Corporation. This partnership highlights the reliability and value of Sabre's SynXis CRS, likely leading to positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wyndham Hotels & Resorts has renewed its long-term agreement with Sabre Corporation, continuing to use the SynXis Central Reservation System. This renewal will help Wyndham maintain efficient operations and competitive advantage.
The renewal of the agreement with Sabre Corporation ensures that Wyndham Hotels & Resorts will continue to benefit from efficient pricing, inventory management, and global distribution connectivity. This is likely to support Wyndham's operational efficiency and competitive positioning.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80