Sabre has been granted a patent for a method that improves consumer satisfaction and increases revenue for hoteliers. The method allows consumers to select specific attributes and features for their hotel room, while avoiding those they do not value. Hoteliers can offer room-specific attributes and add-on features to generate additional revenue. The method also provides transparency to consumers regarding the available attributes and features, improving customer satisfaction. GlobalData’s report on Sabre gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
According to GlobalData’s company profile on Sabre, Shipping management systems was a key innovation area identified from patents. Sabre's grant share as of September 2023 was 20%. Grant share is based on the ratio of number of grants to total number of patents.
Method for booking hotel rooms with customizable attributes and pricing
A recently granted patent (Publication Number: US11755962B2) describes a method for operating a reservation system. The system includes a database associated with an object relational mapping system that is connected to a set of book servers. The database stores rate structures, room-specific attribute pricing structures, and add-on feature pricing structures for properties. The rate structures, attribute pricing structures, and add-on feature pricing structures stored in the database are variable structures based on inventory levels.
The method involves receiving a room request from a guest reservation system or a property management system, which includes request parameters such as room-specific attributes, add-on features, and a date range. The database is then analyzed to determine the availability of a room that satisfies the request parameters, as well as the availability of the add-on features. If a room and add-on feature are available, a rate is calculated for the requested room. A booking request is received, and the system selects a book server with a lower load to process the request. The database is updated to reflect the booking of the room and add-on feature.
The patent also describes additional features of the reservation system. These include storing property attributes for the properties, mapping room-specific attributes to individual rooms, and storing room inventory with the specific attributes. The system can also handle add-on features that are inventory controlled at a property level, such as event tickets. Additionally, the database includes inventory elements for each room and add-on feature, and the inventory is decremented when a booking request is received.
In summary, the granted patent outlines a method for operating a reservation system that efficiently handles room requests and add-on features. The system utilizes a database with variable rate structures and pricing structures based on inventory levels. It analyzes the database to determine availability and calculates rates for requested rooms. The system also includes features for managing property attributes, mapping room-specific attributes, and updating inventory.
To know more about GlobalData’s detailed insights on Sabre, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
