Texas-based Sabre Corporation, a leading technology provider to the global travel industry, hosted a ribbon cutting ceremony on August 27, to mark the grand opening of its Boston Innovation Lab.
The Innovation Lab will serve as the headquarters for Sabre Labs, Sabre’s global research and development arm that explores novel uses of big data, machine learning, AI and other emerging technologies to shape the future of travel. Sabre strategically selected Boston’s popular Seaport District and plans to draw upon the city’s innovation economy powered by its world-renowned research institutions and community of leading technology companies.
“Boston was an obvious choice for the location of our Innovation Hub,” said Sundar Narasimhan, president of Sabre Labs and Product Strategy. “It has a vibrant technology community and access to talent from the nation’s foremost technical universities. In this Lab, our team of software engineers will work in close collaboration with Sabre’s product development teams and customers to accelerate ideas into next-generation solutions that reimagine the business of travel.”
Sabre’s technologies produced US$3.9 billion in revenue in 2018, reflecting longstanding strengths in travel and technology. Sabre operates the world’s largest travel marketplace and processes more than US$120 billion in travel spend annually. Its range of SaaS solutions, from baggage tracking solutions to intelligent retailing offerings serve hundreds of airlines, over 42,000 hotel properties, thousands of travel agencies, and many more players throughout the travel industry including car rental companies and cruise lines.