Malaysia Airlines selects Sabre's PRISM to optimize the experience for corporate travelers
Rhea-AI Summary
Sabre (NASDAQ: SABR) announced that Malaysia Airlines has selected PRISM to optimize its corporate travel segment. PRISM offers advanced data analytics, providing real-time insights and trends to create customized travel solutions for business customers. The tool ingests data from over 5,000 sources globally, processing more than 200 million corporate flight bookings in 2023.
Key features of PRISM include:
- Contract profit modeling and performance reporting
- Over 350 preformatted reports
- Weekly data submissions with API option for daily updates
- Enhanced user analytics powered by Google Cloud
- API connections to airline CRM systems
PRISM aims to help Malaysia Airlines optimize sales processes, drive business growth, and enhance revenue while improving the corporate travel experience.
Positive
- Malaysia Airlines selects Sabre's PRISM for corporate travel optimization
- PRISM processes data from 5,000+ sources and 200+ million corporate bookings
- Offers 350+ preformatted reports and contract profit modeling
- Provides daily corporate booking trend data and enhanced user analytics
- Compliant with GDPR and global data privacy regulations
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SABR gained 2.54%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
A truly global tool with international customers and data sources, PRISM ingests data from more than 5,000 sources internationally with more than 200 million individual corporate flight bookings in 2023. PRISM provides uniquely valuable insights and analytics, including robust contract profit modelling and performance reporting, along with more than 350 preformatted reports containing thousands of different data configurations.
In addition to being fully hosted on Google Cloud, PRISM now supports weekly data submissions from its data sources. Those opting for the API option will benefit from automated daily data submissions. PRISM offers daily corporate booking trend data, enhanced user analytics driven by Google Cloud's BigQuery and Looker capabilities, API connections to link to airline CRM systems, and enhanced user tools to streamline sales collaboration with partner airlines and commercial clients.
"Selecting the right business intelligence solution is essential for enhancing our corporate travel offerings, driving business growth, and boosting revenue while elevating the travel experience for our customers. This is why we've chosen Sabre PRISM, to help us achieve these goals by optimizing and streamlining our sales processes," said, Ahmad Luqman Mohd Azmi, Chief Executive Officer of Airlines from Malaysia Aviation Group.
With PRISM, airlines gain a comprehensive view of corporate travel while ensuring compliance with GDPR and other global data privacy regulations. It is the only solution that offers a built-in analytics tool, on-demand reporting, and API connectivity. Additionally, Sabre offers PRISM customers 24/7 self-service access to analytics and reporting, as well as in-house technical and development support. This support ensures accurate and timely data files and enabling custom development support for customers. PRISM ensures competitive corporate account management and enhances the customer experience through better offers based on their unique corporate travel requirements.
"Airlines around the world rely on PRISM for actionable data and analytics and intuitive on-demand reporting to help maximize the value and profitability of the corporate travel segment," said Rakesh Narayanan, Vice President, Airline Sales and Account Management, Sabre. "By choosing PRISM as its decision support solution for corporate travel, Malaysia Airlines can benefit from powerful global insights and contract optimization, leading to opportunities for improved ROI."
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About Sabre Corporation
Sabre Corporation is a software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel. The Company connects travel suppliers and buyers around the globe and across the ecosystem through innovative products and next-generation technology solutions. Sabre harnesses speed, scale and insights to build tomorrow's technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas,
About Malaysia Airlines
Malaysia Airlines is the national carrier of
SABR-F
Media Contacts:
Kristin Hays
Kristin.hays@sabre.com
Heidi Castle
heidi.castle@sabre.com
Investors
Brian Roberts
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation
