Sabre Enhances SynXis Concierge.AI with Advanced AI for Hotel Bookings
The SynXis Concierge.AI operates from a unified inbox and offers powerful insights that help boost conversions, increase website engagement, and streamline hotel operations. Early adopter testing of the new SynXis Concierge.AI functionality within the SynXis Booking Engine began in June, with self-service capabilities via the Community Portal becoming available to customers in July. Hotels can configure the solution at the chain, brand, or individual property level to ensure consistency and control.
An international traveler consulting the company's app on their smartphone, illustrating their successful online marketplace.
The updated SynXis Concierge.AI offers several key features, such as the 'Booking Agent,' which is an AI-powered chatbot embedded directly into the SynXis Booking Engine. The chatbot can communicate in 50+ languages and delivers personalized responses, which can reduce booking abandonment rates and secure direct bookings that might otherwise be lost to online travel agencies (OTAs).
Sabre Corporation (NASDAQ:SABR) is a software and technology company for the travel industry internationally. It operates in two segments: Travel Solutions and Hospitality Solutions.
While we acknowledge the potential of SABR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the .
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Disclosure: None. This article is originally published at Insider Monkey.
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San Francisco Chronicle
13 minutes ago
- San Francisco Chronicle
Russia's Far East 'land of fire and ice' avoids major damage from earthquake and tsunami
MOSCOW (AP) — A powerful earthquakes struck Wednesday off Russia's Far East coast, flooding a fishing port with waves from a tsunami, cutting power to a few areas and sending some panicked residents fleeing buildings but causing only a few injuries. Regional authorities say they were prepared for the 8.8-magnitude quake and the subsequent waves, and moved quickly to keep residents safe. They introduced a state of emergency in some areas, but said there was no major damage. Here is what to know about the Russian areas hit by the quake and tsunami: Kamchatka peninsula Dubbed the 'land of fire and ice,' Kamchatka is one of the most active volcanic regions on Earth. It has about 300 volcanoes, with 29 of them still active, according to NASA's Earth Observatory. Quakes and tsunamis regularly strike the peninsula that lies close to an ocean trench where two tectonic plates meet. The 1,200-kilometer (750-mile)-long peninsula nine time zones east of Moscow faces the Pacific Ocean on its east and the Sea of Okhotsk along its west coast. Kamchatka and a few nearby islands have a population of about 290,000 with about 162,000 of them living in the regional capital of Petropavlovsk-Kamchatsky in Avacha Bay on the peninsula's southeast. There are few roads on the peninsula, and helicopters are the only way to reach most areas. Fishing is the main economic activity. A major base for Russian nuclear submarines is located in Avacha Bay. The tallest volcano is Klyuchevskaya Sopka (4,750 meters or 15,584 feet), the largest active volcano in the Northern Hemisphere. Observers heard explosions and saw streams of lava on its western slopes, according to the Kamchatka branch of the Russian Academy of Sciences' geophysical service. Scientists have anticipated the eruption for some time, with the volcano's crater filling with lava for weeks and the mountain emitting plumes of ash. It last erupted in 2023. The Kuril islands The four volcanic islands, known in Russia as the Kurils, stretch between Kamchatka and the Japanese island of Hokkaido. The islands were captured by the Soviet Union from Japan in the closing days of World War II. Japan asserts territorial rights to the islands it calls the Northern Territories, and the dispute has kept the countries from signing a peace treaty The islands have a population of about 20,000, and the local economy is based on fishing. The Russian military has bolstered its presence in the area, refurbishing a Soviet-era air base and other outposts. The impact of the quake and tsunami The authorities on Kamchatka and the Kurils said they have been prepared for a major quake for a long time and acted quickly to protect the population. The 8.8-magnitude quake, centered about 120 kilometers (75 miles from Petropavlovsk-Kamchatsky, struck at 11:24 a.m. local time (2324 GMT Tuesday, 7:24 p.m. EDT Tuesday) at a depth of about 21 kilometers (13 miles), according to the U.S. Geological Survey. Multiple aftershocks as strong as 6.9 magnitude followed. The earthquake appeared to be the strongest on record since the 9.0 magnitude earthquake off northeastern Japan in March 2011 that caused a massive tsunami. Only a few stronger earthquakes have ever been measured anywhere. Regional authorities on Kamchatka said several people were injured, but they didn't elaborate. Regional health department chief Oleg Melnikov a few injuries occurred during evacuations, including a hospital patient injured while jumping out of a window. All were in satisfactory condition, he said. Video from Russian media showed doctors on Kamchatka holding a patient and medical equipment as an operating room shook during surgery. The quake damaged a kindergarten in Petropavlovsk-Kamchatsky, but no children were in the building, which was closed for renovation. Municipal workers inspected about 600 apartment buildings and said no evacuations were needed. Petropavlovsk-Kamchatsky was protected from big tsunami waves by its location on Avacha Bay. Emergency workers evacuated about 60 tourists from a beach of black volcanic sand on the Pacific side. Tsunami waves could have been as high as 10 to 15 meters (30 to 50 feet) in some sections of the Kamchatka coast, Russia's Oceanology Institute said, noting the biggest were under 6 meters (about 19 1/2 feet) near populated areas of the peninsula and the nearby Kuril islands. Severo-Kurilsk Mayor Alexander Ovsyannikov said tsunami waves flooded the fishing port along with a fish factory and swept fishing boats out to sea. Power was cut by the flooding, with authorities inspecting the damage.

Los Angeles Times
13 minutes ago
- Los Angeles Times
Along with a strong second quarter rebound for the economy, some red flags
The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump's trade wars. Still, details of the report suggested that U.S. consumers and businesses are wary about the economic uncertainty arising from Trump's radical campaign to restructure the American economy by slapping big taxes — tariffs — on imports from around the world. 'Headline numbers are hiding the economy's true performance, which is slowing as tariffs take a bite out of activity,' Nationwide chief economist Kathy Bostjancic wrote. America gross domestic product — the nation's output of goods and services — rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported Wednesday. The first-quarter drop, the first retreat of the U.S. economy in three years, was mainly caused by a surge in imports — which are subtracted from GDP — as businesses scrambled to bring in foreign goods ahead of Trump's tariffs. The bounceback was expected but its strength was a surprise: Economists had forecast 2% growth from April through June. From April through June, a drop in imports — the biggest since the COVID-19 outbreak — added more than 5 percentage points to growth. Consumer spending registered lackluster growth of 1.4%, though it was an improvement over the first quarter's 0.5%. Private investment fell at a 15.6% annual pace, biggest drop since COVID-19 slammed the economy. A drop in inventories — as businesses worked down goods they'd stockpiled in the first quarter — shaved 3.2 percentage points off second-quarter growth. A category within the GDP data that measures the economy's underlying strength weakened in the second quarter, expanding at a 1.2% annual pace, down from 1.9% from January through March and the weakest since the end of 2022. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending. Federal government spending and investment fell at a 3.7% annual rate on top of a 4.6% drop in the first quarter. Wednesday's GDP report showed inflationary pressure easing in the second quarter. The Federal Reserve's favored inflation gauge – the personal consumption expenditures, or PCE, price index – rose at an annual rate of 2.1% in the second quarter, down from 3.7% in the first. Stripping out volatile food and energy prices, so-called core PCE inflation rose 2.5%, down from 3.5% in the first quarter. On his Truth Social media platform, Trump heralded the GDP gain and stepped up his pressure on the Federal Reserve to cut interest rates: '2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! 'Too Late' MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!'' Trump sees tariffs as a way to protect American industry, lure factories back to the United States and help pay for the massive tax cuts he signed into law July 4. But mainstream economists — viewed with disdain by Trump and his advisers — say that his tariffs will damage the economy, raising costs and making protected U.S. companies less efficient. They note that tariffs are paid by importers in the United States, who try to pass along the cost to their customers via higher prices. Therefore, tariffs can be inflationary — though their impact so far has been modest. Wiseman writes for the Associated Press.


The Hill
13 minutes ago
- The Hill
Lutnick: ‘plenty of horse-trading left to do' with EU on trade deal
Commerce Secretary Howard Lutnick said during a recent interview that there is still 'plenty of horse-trading left to do' when it comes to certain aspects of the trade framework between the U.S. and the European Union (EU). 'And do I expect to continue to be talking to the European Commission's trade people? Yeah, they called me this morning to talk about, what are other things to talk about, digital services, taxes and the attack on our tech companies. That is going to be on the table. It wasn't on the table today,' Lutnick said during his Tuesday appearance on CNBC's 'Squawk Box.' 'There are other things that they would like, like steel and aluminum that were not included in this deal, that will be on the table. There's plenty of horse-trading still to do, but the fundamentals of their $20 trillion economy are set. We sell to them without a tariff. They sell to us for 15 percent, but they protect themselves on autos, they protect themselves on pharma. They protect themselves on semiconductors.' President Trump and the European Commission President Ursula von der Leyen outlined a trade deal over the weekend, with most EU goods being hit with a 15 percent tariff. Trump said the EU will buy $750 billion in American energy and the EU agreed to invest $600 billion into the U.S. Previously, Trump threatened to impose a 30 percent tariff on EU goods. The U.S.-EU trade pact was criticized by France as an act of 'submission' by the EU. Lutnick said 'protections' on automobiles, pharmaceuticals and semiconductors were 'fundamental' for the European Commission and argued that 'anybody who picks on them is going to learn over the next two weeks why the people who did that deal were really smart to get the deal done with Donald Trump.'