Sabre Holdings, a global technology company for the travel industry, today announced the acquisition of SoftHotel, the largest provider of web-based property management solutions for the hospitality industry with over 4,500 installations. This acquisition moves Sabre closer to a Hotel Enterprise Solution (HES), a fully integrated web-based solution that combines distribution, marketing and operations into a single platform for customers.
SoftHotel will become part of Sabre Hospitality Solutions, the industry’s leading global hospitality technology company, and division of Sabre Holdings. This strategic convergence will bring Property Management System (PMS), Customer Relationship Management (CRM), Revenue Management System (RMS) and Central Reservation System (CRS) functionality into an easy to use HES. This solution will reduce system complexity and drive down IT costs for hotels globally.
“Our customers want a single provider with a complete solution to manage everything from hotel bookings through to marketing campaigns,” said Felix Laboy, president of Sabre Hospitality Solutions. “Sabre will lead this industry trend, with a web-based solution that reduces IT costs while providing the latest in hotel management technology. The acquisition of a web-based PMS solution gives Sabre Hospitality Solutions the final component necessary in our pursuit to become a fully integrated Hotel Enterprise Solution.”
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