Croatia Airlines and Sabre Corporation, a leading technology provider to the global travel industry, recently announced the renewal of their long-standing partnership to increase the carrier’s revenue and yield.
Following the renewal of the partnership, the Croatian flag carrier will upgrade to Sabre AirVision Revenue Optimizer, Sabre’s industry-leading revenue optimization solution, after using Sabre’s revenue management product for more than four years.
Sabre’s revenue optimization suite of technology solutions helps airlines to take a 360-degree approach to forecasting, analyzing, and optimizing their revenue streams, by providing real-time visibility into the total revenue for every flight, every market and every departure date.
According to Sabre, the product offering is designed to allow airlines to make the most of their inventory and help break down data silos that may exist across the airline enterprise.
At the core of the holistic product bundle is Revenue Optimizer, a real-time revenue management solution that leverages intelligent decision support to recommend availability, based on segmentation, customer choice-based demand forecasting and competitive intelligence.
Sabre studies have shown that Revenue Optimizer can increase revenue by up to five percent, as well as bringing a significant reduction in processing time.
Revenue Optimizer offers real-time data insight through seamless integration with inventory, fares, and pricing optimization solutions. Complementing the revenue optimization package, is Sabre AirVision Revenue Integrity, which helps airlines drive additional revenue by limiting problem bookings and increasing aircraft seat utilization.
Celebrating its 30th anniversary in 2019, Croatia Airline maintains a flight network of 38 destinations across 24 countries. In 2018, the carrier flew a record number of 2,168,863 passengers – an increase of two percent compared to 2017.