Kanoo Travel, a travel management company based in Saudi Arabia, has formed a joint venture with Sabre Corporation to expand its business services and travel booking technology. The partnership will enable Kanoo Travel to access Sabre’s global distribution system, which offers more than 400 airlines and 750,000 hotel properties worldwide. With this, Kanoo Travel will be able to provide its clients with advanced travel booking tools and access to a wide variety of travel products. The joint venture will also allow Kanoo Travel to better serve the growing corporate travel sector, which has been rapidly growing in Saudi Arabia in recent years.
The joint venture with Sabre is expected to create new opportunities for Kanoo Travel in the areas of corporate travel management, online booking, and mobile solutions. Sabre is a leading technology solutions provider for the travel industry, and its global distribution system is widely used by travel agents, corporate travel managers, and other travel bookers. The partnership will enable Kanoo Travel to leverage Sabre’s technology and expertise to offer its clients a more efficient and streamlined travel booking process.
Kanoo Travel has been providing travel management services in Saudi Arabia for over 70 years, and has a strong reputation for delivering high-quality travel services to its clients. The company has a wide range of clients, including government agencies, large corporations, and individual travelers. With the new joint venture, Kanoo Travel will be able to improve its service offerings and increase its market share in the competitive travel industry.
Saudi Arabia has been investing heavily in its tourism sector in recent years, with a focus on attracting more international travelers to the country. The government has launched several initiatives to boost the tourism industry, including the creation of new tourist destinations, the expansion of airport facilities, and the introduction of visa-free travel for citizens of certain countries. As a result, travel and tourism have become a key growth sector for the Saudi economy, with many companies looking to capitalize on this trend.
The partnership between Kanoo Travel and Sabre is just one example of the growing interest in the Saudi travel industry, as companies seek to expand their business in this fast-growing market. With a strong economy, a growing population, and a thriving tourism industry, Saudi Arabia offers many opportunities for companies in the travel industry. As the country continues to invest in its tourism sector and attract more international visitors, the demand for travel and related services is expected to continue to grow.
In conclusion, the joint venture between Kanoo Travel and Sabre is a significant development for the travel industry in Saudi Arabia, and is expected to greatly benefit both companies. Kanoo Travel will be able to expand its service offerings and better serve the growing corporate travel sector, while Sabre will be able to gain access to a new market and leverage its technology to provide advanced travel booking tools to Kanoo Travel’s clients. The partnership is a testament to the potential of the Saudi travel industry, and demonstrates the growing interest in this dynamic and fast-growing market.