Friday, March 1, 2024
Travalyst, the non-profit organization established by Prince Harry, The Duke of Sussex, is pleased to announce the inclusion of Sabre and Mastercard into its coalition.
Sabre Corporation (NASDAQ: SABR) and Mastercard are now part of the Travalyst coalition, joining esteemed travel and technology brands such as Amadeus, Booking.com, Expedia Group, Google, Skyscanner, Travelport, Trip.com Group, Tripadvisor, and Visa. Together, these industry leaders boast a combined market capitalization of nearly $3 trillion. The primary objective of the coalition is to promote sustainability awareness and provide accessible information to empower travelers to make more environmentally conscious choices. With the addition of Mastercard and Sabre, Travalyst aims to further expedite its mission.
Brad West, Head of Partnerships, Travalyst said, “The addition of Mastercard and Sabre aligns with our partnerships strategy and adds further scale to our mission. Bringing a payments technology leader on board, as well as enhancing our presence among key technology providers to the travel industry, means we are strategically poised to deliver on our mission to mainstream sustainability information within the travel industry to help drive change.”
“At Mastercard, we envision a world where each swipe, click or tap provides businesses and consumers with the opportunity to make more sustainable choices,” said Chad Wallace, global head of Commercial Solutions, Mastercard. “By joining the Travalyst coalition, we can further activate the power of our global network, insights and technologies to empower travelers to better understand the environmental impact of their business and leisure trips.”
Kristin Hays, Chief Communications and Sustainability Officer, Sabre said, “We’re committed to taking on the biggest opportunities and solving the most complex challenges in travel, so we’re thrilled to be joining forces with Travalyst and our peers in the industry to help drive more sustainable travel decisions.”
Consumers are increasingly prioritizing sustainable travel, a trend mirrored in the corporate travel sector. Travalyst is dedicated to furnishing accessible and reliable sustainability data on a large scale, empowering individuals to make informed travel decisions. For instance, flight emission estimates are now uniformly available across most of Travalyst’s partner platforms, allowing users to identify lower-emission options and minimize their environmental footprint.
Consistency in sustainability information is crucial for fostering trust among travelers. The endeavor to transition the travel industry towards sustainability is a collaborative effort, and both Mastercard and Sabre are firmly committed to Travalyst’s mission of providing transparent sustainability information to travelers.
Sunday, April 28, 2024
Sunday, April 28, 2024
Sunday, April 28, 2024
