Software and technology company Sabre has acquired hospitality e-commerce provider Techsembly to expand and expedite its hospitality retailing solutions.
Financial terms of the deal were not disclosed by the companies.
Techsembly provides a completely automated e-commerce solution, which allows hotels across the world to manage their multiple online property stores, logistics and products on a centralised platform.
It also supports the sale of global gift cards and experiences for guest use at any property.
The SynXis Retail Studio of Sabre Hospitality allows hoteliers to retail many products and services along with the reservation of rooms.
This helps in creating additional revenue streams for the hoteliers and increases guest satisfaction.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSabre plans to integrate Techsembly’s e-commerce marketplace and gift card capabilities with SynXis Retail Studio to create a single destination for providing several products used at all stages of the guest journey.
This will replace the need for hoteliers to manage multiple sites and sell anything from on-property policies, services, goods and experiences to partnering with local businesses, the company said.
Sabre Hospitality president Scott Wilson said: “Sabre’s agreement with Techsembly reaffirms our position as a leading global hotel commerce and distribution platform in the hospitality industry.
“Not only will this acquisition accelerate our product roadmap via Techsembly’s marketplace and gift card capabilities, but it also enables us to come together and offer the most robust and effective suite of integrated retailing solutions designed to meet the retailing needs of today’s modern hoteliers.”