Sabre Corporation, a technology provider to the global travel industry, has opened an Innovation Lab in Boston that will be new headquarters for its research and development team.
The Innovation Lab will serve as the headquarters for Sabre Labs, the company’s global research and development arm that explores the 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.
“Sabre has a long history of technology leadership in retailing, distribution, and fulfillment of the $1.7 trillion travel marketplace,” said CEO Sean Menke in a statement. “Over the past two years, we have focused on reinvigorating and transforming Sabre to continue to accelerate innovation to the market. Today we take an important step in that journey by opening our Innovation Lab in Boston, where we look forward to exciting developments that will result from partnerships with our customers and technology partners.”
Sabre’s technologies produced $3.9 billion in revenue in 2018, focused on travel and technology. Sabre operates the world’s largest travel marketplace and processes more than $120 billion in travel spend annually. Its range of SaaS solutions, from baggage tracking solutions to 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.
The Innovation Lab is located at 321 Summer Street. “Boston was an obvious choice for the location of our Innovation Hub,” said Sundar Narasimhan, president of Sabre Labs and Product Strategy, in a statement. “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.”