Workflow
Sabre(SABR)
icon
Search documents
Sabre announces upcoming webcast of its first quarter 2025 earnings conference call
Prnewswire· 2025-04-28 18:00
SOUTHLAKE, Texas, April 28, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its first quarter 2025 earnings conference call on May 7, 2025 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com. A replay of the event will be available on the website for ...
Sabre enters into definitive agreement to sell its Hospitality Solutions business unit to TPG for $1.1 billion
Prnewswire· 2025-04-28 12:55
Core Viewpoint - Sabre Corporation has signed a definitive agreement to sell its Hospitality Solutions business to TPG for $1.1 billion in cash, allowing Sabre to focus on its core airline IT and travel marketplace platforms while optimizing its financial structure and pursuing sustainable growth [1][4][3]. Group 1: Transaction Details - TPG will acquire Sabre's Hospitality Solutions business for $1.1 billion, with expected net cash proceeds to Sabre of approximately $960 million after taxes and fees [1][3]. - The transaction will establish Hospitality Solutions as an independent technology company dedicated to the hospitality industry, providing software and solutions to over 40% of the world's leading hotel brands [2][4]. - The deal is expected to close by the end of the third quarter of 2025, pending customary closing conditions and regulatory approvals [7]. Group 2: Strategic Implications - The proceeds from the sale will primarily be used to pay down debt, improving Sabre's balance sheet and enabling a focus on its core business [3][4]. - This divestiture is part of a series of strategic financial moves by Sabre, including recent debt refinancings, aimed at achieving a long-term net leverage target of 2.5x to 3.5x [3][4]. - TPG's investment approach is expected to drive significant value for Hospitality Solutions' customers, leveraging TPG's experience in growing mission-critical software businesses [5][6]. Group 3: Business Operations - Hospitality Solutions provides an integrated system of record for reservation and guest information, enhancing operational accuracy and efficiency for hoteliers [2]. - The platform has evolved significantly since Sabre's acquisition of SynXis in 2005, with ongoing investments in capabilities and solutions [4]. - TPG aims to enhance and expand the Hospitality Solutions platform, positioning it as a comprehensive technology provider for the hospitality industry [5].
Kerzner International renews long-standing agreement with Sabre Hospitality to strengthen its commerce solutions within the SynXis® Booking Engine
Prnewswire· 2025-04-17 13:00
SOUTHLAKE, Texas and DUBAI, United Arab Emirates, April 17, 2025 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR) a leading global travel technology company, has announced a renewal agreement with Kerzner International, optimizing its distribution with retailing capabilities through Sabre's SynXis platform. By leveraging the SynXis Booking Engine, Kerzner will be offering ancillaries alongside room reservations. Additionally, Kerzner has renewed its agreement to distribute h ...
Sabre renews long-term strategic partnership with Preferred Hotels & Resorts to help drive revenue to member hotels, including addition of SynXis® Retailing and Gift Cards
Prnewswire· 2025-04-16 13:00
SOUTHLAKE, Texas, April 16, 2025 /PRNewswire/ -- Sabre Hospitality, a division of leading global travel technology company Sabre Corporation (NASDAQ: SABR), today announced a multi-year renewal of its strategic partnership with Preferred Hotels & Resorts, to now include SynXis Retailing and Gift Card & Vouchers. The partnership aims to help create additional revenue streams and attract new guests to Preferred Hotels & Resorts' member hotels. Preferred Hotels & Resorts is the world's largest independent hote ...
All You Need to Know About Sabre (SABR) Rating Upgrade to Buy
ZACKS· 2025-04-14 17:00
Investors might want to bet on Sabre (SABR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors often ...
Sabre's Radixx Powers BermudAir with Next-Generation Passenger Service System
Prnewswire· 2025-04-14 13:00
SOUTHLAKE, Texas, April 14, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, announced that BermudAir, Bermuda's airline, has successfully implemented Radixx®, Sabre's low-cost carrier (LCC) passenger service system (PSS), to support its growing operations. As part of a multi-year agreement, BermudAir deployed Radixx Res®, Radixx Insight®, and Radixx EzyCommerce®, enabling BermudAir to optimize reservations, streamline operations, and enhance the traveler ex ...
Sabre and CellPoint Digital Strengthen Airline Payments Ecosystem with Strategic Agreement
Prnewswire· 2025-04-08 13:00
The collaboration will provide airlines with improved payment solutions, enhance user experience, and reduce costsSOUTHLAKE, Texas, April 8, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, and CellPoint Digital, a global leader in payment orchestration, have entered into a new agreement aimed at reshaping the airline payments landscape. This deal gives airlines using SabreSonic and Radixx access to a wide range of payment methods and value-added services, s ...
SalamAir Renews Partnership with Sabre to Drive Operational Excellence through Radixx Solutions
Prnewswire· 2025-03-19 13:00
MUSCAT, Sultanate of Oman and SOUTHLAKE, Texas, March 19, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today announced that SalamAir, Oman's fastest-growing low-cost carrier, has extended its multi-year partnership with Sabre's Radixx solutions to support its continued growth and operational efficiency. This renewal will see SalamAir continue using Radixx Res for its reservation system and Radixx Insight for reporting, further reflecting the airline's co ...
British Airways' NDC content now live in Sabre's travel marketplace
Prnewswire· 2025-03-18 12:30
SOUTHLAKE, Texas, and LONDON, March 18, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today announced the launch of British Airways' New Distribution Capability (NDC) content in Sabre's travel marketplace. Starting today, Sabre-connected travel agencies worldwide can shop, book, and service NDC offers alongside traditional ATPCO/EDIFACT options.By activating NDC through Sabre, agencies will seamlessly manage British Airways' offers and orders via Sabre Re ...
Vietnam Airlines chooses Sabre's Network Planning and Optimization technology to support global growth
Prnewswire· 2025-03-12 13:00
SINGAPORE and HANOI, Vietnam, March 12, 2025 /PRNewswire/ -- Vietnam Airlines has selected Network Planning and Optimization technology from Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, as the airline sets its sights on global growth.   With big plans for international expansion, Vietnam's flag carrier has recently added routes to the US, Germany, India, Italy, and the Philippines, and is also exploring new destinations across Europe, the US, Canada, Australia, and Asia. "As ...