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Tripadvisor Launches Redesigned Traveler-First Map Experience Powered by Mapbox
Prnewswire· 2025-09-04 23:06
SAN FRANCISCO, Sept. 4, 2025 /PRNewswire/ -- Mapbox, the location technology platform, today announced that Tripadvisor has adopted Mapbox for its redesigned 'traveler-first' map experience on web and mobile. Tripadvisor is the world's largest travel guidance platform, helping hundreds of millions of travelers find the best hotels, restaurants, and activities. The new Tripadvisor maps are built with the Mapbox Maps SDKs and showcase the latest features of the Mapbox Standard 3D basemap. The new map experien ...
阿里商旅发布AI商旅解决方案
Xin Lang Cai Jing· 2025-08-29 04:13
8月29日消息,智通财经获悉,阿里商旅发布一站式AI商旅解决方案。据官方介绍,阿里商旅AI包括员 工差旅智能体和企业管理智能体两大模块,分别服务于员工的智能差旅推荐、预订、行中服务,以及企 业差旅管理部门的智能决策。目前,阿里商旅AI已开启内测。 ...
Tripadvisor Announces Updated Conference Participation Date
Prnewswire· 2025-08-19 20:05
Group 1 - Tripadvisor, Inc. announced a change in participation date for a conference where CEO Matt Goldberg will engage in a fireside chat [1] - The Goldman Sachs Communacopia + Technology Conference is now scheduled for 1:45 p.m. PT on September 8, 2025, in San Francisco [1] - A live webcast of the event will be available on the Investor Relations website, with a replay also accessible [1] Group 2 - Tripadvisor, Inc. aims to be the world's most trusted source for travel and experiences, connecting people to shareable experiences [2] - The company utilizes its brands, technology, and capabilities to connect a global audience with partners through rich content and travel guidance [2] - Tripadvisor, Inc. includes a portfolio of travel brands such as Tripadvisor, Viator, and TheFork [2]
Sabre(SABR) - 2025 Q2 - Earnings Call Transcript
2025-08-07 14:00
Financial Data and Key Metrics Changes - For Q2 2025, the company reported revenue of $687 million, a decrease of 1% year on year [19] - Normalized adjusted EBITDA increased by 6% year on year, with a normalized adjusted EBITDA margin improvement of approximately 120 basis points to around 19% [21] - Total debt was reduced by over $1 billion, or nearly 20%, and the company expects to reduce year-end 2025 net leverage by approximately 50% compared to year-end 2023 [7][25] Business Line Data and Key Metrics Changes - Air distribution bookings declined by 1% year on year, with growth strategies contributing eight points of growth offset by a nine-point decline in the base business [8][9] - Hotel distribution bookings grew by 2% in the quarter, with the attachment rate to air bookings improving by 100 basis points to 34% [10] - In IT Solutions, passengers boarded increased by 1% year on year, contributing to normalized adjusted EBITDA growth of 6% [11] Market Data and Key Metrics Changes - The operating environment remains challenging, particularly affecting air distribution bookings, which fell short of expectations [8] - The GDS industry experienced a decline in corporate bookings relative to leisure, impacting overall GDS volumes [9] - The company has a higher exposure to corporate and government travel, which has underperformed compared to leisure travel [41][62] Company Strategy and Development Direction - The company is focused on generating free cash flow and deleveraging the balance sheet while driving sustainable growth through innovative technology solutions [5][18] - The transformation into a modern, open travel marketplace is underway, with significant progress in multi-source content and NDC connections [12][55] - The company anticipates a six-month delay in launching a new multi-source low-cost carrier solution due to execution delays [16][56] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the incremental industry weakness observed in June and July, leading to a revised outlook for air distribution bookings growth [14][15] - The company expects the GDS industry trends to stabilize over time, despite current challenges [14] - Management remains optimistic about the long-term growth potential, citing strong demand for new business initiatives [18][60] Other Important Information - The company closed the sale of its Hospitality Solutions business on July 3, 2025, with proceeds primarily used to pay down debt [22][25] - Pro forma free cash flow was reported as negative $2 million for the quarter, with cash on the balance sheet exceeding $600 million post-sale [22][25] Q&A Session Summary Question: Why was the prior guidance so optimistic given the consistent headwinds? - Management noted that while growth strategies remained constant, market conditions changed, leading to a more cautious outlook [34][35] Question: Is the middle scenario of guidance considered the base case? - Management indicated that they have not provided a weighting on the scenarios but believe the current trading environment aligns more with the middle scenario [36][37] Question: What factors are causing the decline in GDS bookings? - Management highlighted that corporate travel impacts GDS bookings more significantly than leisure travel, and current market conditions are temporary rather than structural [40][41] Question: What is the strategy for NDC agreements and growth? - The company has 38 live NDC connections and is focused on integrating various content types to enhance its offerings [54][67] Question: How does the company expect to manage operating costs moving forward? - Management emphasized strong cost discipline and anticipated reductions in technology expenses due to ongoing transformation initiatives [47][49]
Sabre's second quarter 2025 earnings materials available on its Investor Relations website
Prnewswire· 2025-08-07 11:55
Core Insights - Sabre Corporation announced its financial results for the second quarter of 2025, which are available on its Investor Relations webpage and the SEC's website [1] - A live webcast for the first quarter 2025 earnings conference call is scheduled, where management will discuss financial results and future outlook [2] - Sabre is a leading technology company in the travel industry, providing solutions for airlines, hoteliers, and agencies globally [3] Company Overview - Sabre Corporation is headquartered in Southlake, Texas, and operates in over 160 countries, focusing on technology solutions for the travel sector [3] - The company aims to address complex challenges in travel by leveraging speed, scale, and insights [3] Investor Communication - Important investor information is routinely posted on Sabre's Investor Relations section, LinkedIn, and X account, ensuring compliance with disclosure obligations [4]
Information overload: Sabre's global travel agency survey finds content fragmentation is driving up agency costs and undermining customer experience
Prnewswire· 2025-07-22 12:00
SabreMosaic™ Travel Marketplace unites the world's travel content in one platform to simplify operations and streamline travel selling SOUTHLAKE, Texas, July 22, 2025 /PRNewswire/ -- Travel agencies are facing growing pressure from fragmented content systems that are increasing operational costs and making it harder to deliver a consistent customer experience. A new global study1 commissioned by Sabre (NASDAQ: SABR) reveals that more than 91% of agencies operate with four or more booking systems, and over h ...
WEBUY GLOBAL LTD. Launches Groundbreaking AI Travel Assistant Device Powered by DeepSeek V3 Model and Espressif's ESP32-C
GlobeNewswire News Room· 2025-07-21 11:00
Core Insights - WEBUY GLOBAL LTD. has launched an innovative AI Travel Assistant, a wearable device designed to enhance the travel experience for global travelers [1][3]. Group 1: Product Features - The AI Travel Assistant weighs 30 grams and is powered by DeepSeek's V3 AI model, providing real-time multilingual support in 21 languages [3]. - It features a single-button interface allowing users to communicate in their native language and receive instant responses in their preferred language [3]. - The device is integrated with Webuy's SkyBear ERP system, offering personalized itinerary updates, destination insights, and real-time alerts [4]. Group 2: Strategic Collaborations - Webuy is collaborating with China Tourism Group to improve global travel standards and create an AI-driven service ecosystem for travelers and service providers [5]. Group 3: Technological Infrastructure - The AI Travel Assistant utilizes the ESP32-C SoC chip from Espressif Systems, ensuring robust global performance with 5G and WiFi connectivity [6]. Group 4: Future Developments - Webuy plans to enhance the AI Travel Assistant with built-in camera functionality and IoT sensors for richer contextual interactions throughout the travel journey [7]. Group 5: Company Overview - WEBUY GLOBAL LTD. focuses on transforming community e-commerce and travel in Southeast Asia, utilizing predictive AI and personalized recommendations to improve user experiences [8].
WEBUY GLOBAL LTD. Launches Groundbreaking AI Travel Assistant Device Powered by DeepSeek V3 Model and Espressif’s ESP32-C
Globenewswire· 2025-07-21 11:00
Core Insights - WEBUY GLOBAL LTD. has launched an innovative AI Travel Assistant, a wearable device designed to enhance the travel experience for global travelers [1][3]. Group 1: Product Features - The AI Travel Assistant weighs 30 grams and is powered by DeepSeek's V3 AI model, providing real-time multilingual support in 21 languages [3]. - It features a single-button interface allowing users to communicate in their native language and receive instant responses in their preferred language [3]. - The device is integrated with Webuy's SkyBear ERP system, offering personalized itinerary updates, destination insights, and real-time alerts [4]. Group 2: Strategic Collaborations - Webuy is collaborating with China Tourism Group to improve global travel standards and create an AI-driven service ecosystem for travelers and service providers [5]. Group 3: Technological Advancements - The AI Travel Assistant utilizes the ESP32-C SoC chip from Espressif Systems, ensuring robust global performance with 5G and WiFi connectivity [6]. - Future enhancements will include built-in camera functionality and IoT sensors to provide richer contextual interactions throughout the travel journey [7]. Group 4: Company Overview - WEBUY GLOBAL LTD. focuses on transforming community e-commerce and travel in Southeast Asia, utilizing predictive AI and personalized recommendations [8].
Sabre announces upcoming webcast of its second quarter 2025 earnings conference call
Prnewswire· 2025-07-17 15:00
Group 1 - Sabre Corporation will host a live webcast for its Q2 2025 earnings conference call on August 7, 2025, at 9:00 a.m. ET [1] - The management will discuss financial results and provide insights on the forward outlook during the webcast, which is expected to last approximately one hour [1] - A replay of the event will be available on Sabre's website for at least 90 days following the event [1] Group 2 - Sabre Corporation is a leading technology company focused on the travel industry, providing solutions for airlines, hoteliers, and travel agencies [2] - The company is headquartered in Southlake, Texas, and serves customers in over 160 countries globally [2] - Sabre aims to empower its partners by leveraging speed, scale, and insights to build advanced technology for travel [2] Group 3 - Important investor information is routinely posted on Sabre's Investor Relations section of its website, LinkedIn account, and X account [3] - The company intends to use these platforms for disclosing material, non-public information and complying with disclosure obligations under Regulation FD [3] - Investors are encouraged to monitor these channels along with press releases, SEC filings, and public conference calls for updates [3]
Christopherson Business Travel selects Sabre as its primary distribution technology partner
Prnewswire· 2025-07-17 13:00
Core Insights - Sabre Corporation has entered into a multi-year agreement with Christopherson Business Travel, establishing Sabre as Christopherson's primary technology partner, aimed at modernizing travel retailing through AI-powered solutions [1][4] - Christopherson Business Travel, ranked 30th on Travel Weekly's 2025 Power List, focuses on smart growth and operational discipline, enhancing client service and technology [2][8] - The partnership will leverage Sabre's content aggregation and automation capabilities to improve Christopherson's travel management platform, Andavo, enhancing operational efficiency and traveler engagement [3][5] Company Overview - Sabre Corporation is a leading technology provider in the travel industry, serving customers in over 160 countries and focusing on building advanced technology solutions for airlines, hoteliers, and travel agencies [6][7] - Christopherson Business Travel, established in 1953, is a certified woman-owned company that specializes in corporate travel management, serving more than 1,000 organizations with tailored travel programs [8] Technology and Solutions - Christopherson will utilize a suite of Sabre solutions, including Sabre Red 360 for customizable shopping, Sabre APIs for secure content retrieval, and automated services for post-booking management [3][5] - The partnership emphasizes the need for a platform that can integrate multi-source content and automate workflows, enhancing operational control and adaptability to client needs [4][5] - Sabre's cloud-native infrastructure and AI-driven capabilities are designed to simplify operations and enhance service delivery for Christopherson [4][5]