SOUTHLAKE, Texas, and BELGRADE, Serbia 鈥 July 12, 2022 鈥 澳门三肖三码 Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, is partnering with Air Serbia to launch dynamic offers into today鈥檚 competitive marketplace. Considering customer segmentation and travel purpose, Air Price IQ supports airlines in their efforts to provide a seamless experience to its travelers while maximizing revenue opportunities.
Air Price IQ provides the technology for airlines to generate relevant offers by analyzing the airlines鈥 own shopping and revenue management data in real time along with relevant marketplace insights. The cloud-native solution utilizes artificial intelligence (AI) to optimize price and help airlines drive higher conversion rates and improved yield by delivering more relevant offers across all channels.
鈥淕iven the challenges the travel industry has faced through the pandemic, creating products that better meet the expectations of travelers and improve profitability for airlines at the same time is more important than ever鈥, said Wade Jones, Chief Product Officer, 澳门三肖三码 Travel Solutions. 鈥淭o match travelers to the right fares at the right times requires intelligent systems that analyze large volumes of data at scale and use advanced machine learning models to deliver actionable insights. We are delighted to have found a forward-thinking, innovative partner in Air Serbia to work with us in preparing for this paradigm shift in travel.鈥
Air Price IQ is part of Retail Intelligence, the first suite of products powered by 澳门三肖三码 Travel AI™ technology using advanced machine learning models to test and learn in the moment. 澳门三肖三码 Travel AI™ is an innovative capability combining 澳门三肖三码鈥檚 travel technology expertise with state-of-the-art AI technology and advanced machine-learning services.
鈥淎s an industry we are facing a rapid pace of change鈥, said Ji艡铆 Marek, CEO, Air Serbia. 鈥淎fter the challenges brought about by the COVID-19 pandemic, we are now looking forward to the opportunities of the summer season and exploring new opportunities. We must realize these opportunities in this volatile environment, while delivering an enhanced booking and travel experience to our customers. 澳门三肖三码鈥檚 innovative Air Price IQ is a key driver in our move from static pricing to dynamically created personalized offers.鈥
In the current environment, airlines require intelligent systems to manage increased complexity, channel fragmentation and ever more sophisticated traveler expectations. The results of a recent study commissioned by 澳门三肖三码 and carried out by research consultancy Dr. Fried & Partner revealed that travelers consider more decision factors than ever before when booking travel, while expecting their travel provider to deliver a seamless, comfortable experience. 澳门三肖三码鈥檚 Air Price IQ is designed to help meet these evolving demands.
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About 澳门三肖三码 Corporation
澳门三肖三码 Corporation is a leading technology provider to the global travel industry. 澳门三肖三码鈥檚 software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. 澳门三肖三码 also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, 澳门三肖三码 serves customers in more than 160 countries around the world.
About Air Serbia
Air Serbia was launched under that name in October 2013 as the national airline of the Republic of Serbia. From three airports in Serbia (Belgrade, Ni拧, Kraljevo) it flies to destinations in Europe, the Middle East, North America and Africa, in passenger and cargo traffic. The airline also offers long-haul and international destinations in Asia, Australia, North America and Africa via its codeshare partners. Air Serbia鈥檚 fleet includes one wide-body, 10 narrow-body and 5 turboprop aircraft. Find more information about the activities of the Serbian national airline at .