SOUTHLAKE, Texas - April 11, 2024 - Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, and Consolid Global Travel Solutions, a leading travel agency and tourism company in Latin America, announced today Consolid has adopted Sabre Direct Pay and Sabre-distributed NDC content through its developer affiliate Starlings. Sabre Direct Pay will help Consolid propel its payment strategy and support its growth in the region and beyond.

Sabre Direct Pay, formerly known as Sabre Virtual Payments, is a secure one-stop travel payments hub that provides an extensive list of financial partners, automated reconciliation and data reporting across multiple banks, helping grow revenue by maximizing rebates or utilizing all credit options, offsetting surcharges and reducing Foreign Exchange (FX) costs. It also offers the widest range of virtual card options using Conferma technology, with more than 50 currencies in 90 markets.

"I'm very excited that Consolid can now offer the best packages and fares available to its customers from Sabre NDC airlines. We also implemented Sabre Direct Pay and are already processing transactions with great success. It allows us to manage the end-to-end travel payment process more efficiently, while having a positive impact in our revenue," said Joaquín Navasal, founder and CEO of Consolid Global Travel Solutions and CEO of Starlings. "This implementation empowers us to improve travel agent service with better tools, continuing our quest to connect passengers with incredible experiences and make each trip and accommodation worthwhile," added Navasal.

As a Sabre authorized developer, Starlings integrated Sabre Direct Pay API and Sabre NDC APIs, providing Consolid access to book Sabre-distributed NDC content as well as process its payments.

Founded in 2010 and headquartered in Buenos Aires, Argentina, Consolid Global Travel Solutions specializes in corporate travel, events and global consolidation, with a presence in 15 countries in Latin America and the United States. Besides Buenos Aires, Consolid has offices in Dubai and Miami, as well as representatives in major cities in Latin America.

"Consolid and Sabre have been long-time partners. I am thrilled that they have selected Sabre Direct Pay so travel agents across the region can optimize their payments process by utilizing our tech, our partnerships and our expertise" said Patricio Boccardo, Head of Sabre Direct Pay.

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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, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.

About Consolid Global Travel Solutions

Consolid Global Travel Solutions was founded in 2010 and is a travel and tourism company specializing in corporate travel, events and global consolidation in 15 countries in Latin America and the United States. Their expertise in the travel industry has made them top producers of leading airlines operating in the region, with major airlines agreements across the globe. With offices in Buenos Aires, Dubai, and Miami and representatives in key Latin American cities, they are committed to providing exceptional travel solutions to their clients. For more information visit www.consolidglobal.com/.

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Sabre Corporation published this content on 11 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2024 19:42:03 UTC.