The integration seamlessly blends NDC content with existing booking functionalities within Spotnana's Travelas-a-Service platform. TMCs can effortlessly compare and book NDC offers alongside traditional options, streamlining the entire booking process. Spotnana's platform also supports comprehensive NDC servicing capabilities, ensuring a smooth post-booking experience. About Sabre SABR-F Investor Contact: SOURCE Sabre Corporation SOUTHLAKE, Texas and NEW YORK, June 20, 2024 /PRNewswire/ -- Sabre Corporation ...

The company's SynXis platform has been adopted by major hotel chains, including Hyatt Hotels Corporation (H) , Staywell, SunSiyam Resort, Cinnamon Hotels and Resort, Fraser Hospitality and Habitas Group, in the past year. Moreover, Sabre's airline solutions, such as the Sabresonic Reservation system, AirCenter and AirVision, and other products like Sabre Red Workspace, have witnessed strong growth. At present, 17 airlines all over the world, including United Airlines (UAL) , have partnered with Sabre to off ...

SynXis Concierge.AI represents Sabre Hospitality's first deployment of Generative AI, a technology that generates new content from inputs such as text, images, and code. Drawing on Sabre's extensive data resources, Concierge.AI provides immediate, detailed, and accurate responses to specific queries, ensuring that effectiveness is no longer solely dependent on support agent knowledge and experience. "Generative AI represents a monumental leap in technology for the hospitality industry," said Amy Read, VP of ...

Sabre Corporation (SABR) has been witnessing the growing adoption of its solutions across the airlines and hospitality industries. Most recently, its SynXis Retailing platform has been selected by Fraser Hospitality to streamline its retail merchandising business. Fraser Hospitality, which has been a partner of Sabre since 2009, has been using SABR's Booking Engine. The expansion of collaboration on SynXis Retailing will enable Fraser Hospitality to enhance the overall service by offering guests a more pers ...

Core Insights - Sabre Hospitality and Frasers Hospitality have announced a strategic partnership to implement SynXis Retailing, aimed at enhancing guest experiences and driving revenue growth [6][10] - The collaboration emphasizes the importance of hospitality retailing in providing personalized experiences and ancillary services tailored to guest preferences [1][2] Company Overview - Sabre Corporation is a leading software and technology provider in the global travel industry, connecting travel suppliers and buyers through innovative products and technology solutions [7] - Frasers Hospitality, part of Frasers Property, operates over 100 properties across more than 20 countries, specializing in serviced apartments and hotel residences [12] Partnership Details - The partnership builds on a long-standing relationship established in 2009, with Frasers Hospitality enrolling a property in the Preferred Launch Partnership program to leverage SynXis Retailing [10] - The pilot program has reportedly exceeded expectations, leading to a significant increase in ancillary revenue for the participating property [10] Product Features - SynXis Retailing allows hospitality companies to "sell anything," providing flexibility to enhance guest offerings, including services, food and beverage options, and third-party activities [2] - The solution complements the existing SynXis Booking Engine, which aims to deliver a more personalized guest experience and seamless booking process [10]

Proprietary, intelligent end-to-end platform enables airlines to fully transform and modernize their retailing strategies Powered by Google's industry-leading AI and Google Cloud architecture, SabreMosaic is built for flexibility and speed through a modular and open technology structure SOUTHLAKE, Texas, May 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the travel industry, today introduced SabreMosaicTM, a new intelligent, modular and open tec ...

Sabre Corporation (NASDAQ:SABR) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Brian Evans - Senior Vice President of Investor Relations and Treasurer Kurt Ekert - President and Chief Executive Officer Mike Randolfi - Chief Financial Officer Scott Wilson - Executive Vice President and President of Hospitality Solutions Conference Call Participants Jed Kelly - Oppenheimer James Lee - Mizuho Brett Knoblauch - Cantor Fitzgerald Dan Wasiolek - Morningstar Alex Irving - Bernstein V ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Sabre Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 001-36422 20-8647322 (Commission File Number) (I.R.S. E ...

Financial Performance - Sabre reported Q1 2024 revenue of $783 million, a 5% increase from $743 million in Q1 2023[4] - Operating income for Q1 2024 was $98 million, compared to a near break-even operating loss in Q1 2023, resulting in a 13 percentage point improvement in operating margin[2][5] - Adjusted EBITDA for Q1 2024 was $142 million, a significant increase of 145% from $58 million in Q1 2023[7][12] - Net loss attributable to common stockholders decreased to $71 million in Q1 2024 from $104 million in Q1 2023, with diluted net loss per share improving to $0.19 from $0.32[6][12] - Revenue for Q1 2024 was $782.886 million, an increase of 5.7% compared to $742.695 million in Q1 2023[30] - Operating income for Q1 2024 was $98.085 million, a significant improvement from a loss of $0.213 million in Q1 2023[30] - Net loss attributable to Sabre Corporation for Q1 2024 was $71.483 million, compared to a net loss of $98.934 million in Q1 2023, representing a reduction of 27.8%[30] - Basic net loss per share attributable to common stockholders was $0.19 for Q1 2024, unchanged from Q1 2023[30] - Adjusted Net Loss from continuing operations for Q1 2024 was $5,739,000, compared to $58,301,000 in Q1 2023, representing a significant improvement[46] - Adjusted EBITDA for Q1 2024 was $142,306,000, up from $58,062,000 in Q1 2023, indicating a year-over-year increase of 144.5%[46] - Adjusted EBITDA Margin for Q1 2024 was 18.2%, compared to 7.8% in Q1 2023, reflecting a substantial increase in operational efficiency[46] Revenue Breakdown - Travel Solutions revenue increased by 5% to $714 million, driven by favorable rate impacts and an increase in global bookings[13] - Hospitality Solutions revenue rose by 7% to $79 million, supported by a 5% increase in central reservation system transactions[13] Cash and Debt Management - Sabre ended Q1 2024 with a cash balance of $650 million and refinanced over $300 million of 2025 debt maturities, increasing liquidity by approximately $70 million[2][12] - Total current assets increased to $1.227 billion as of March 31, 2024, up from $1.159 billion at the end of 2023[32] - Long-term debt rose to $4.985 billion as of March 31, 2024, compared to $4.829 billion at the end of 2023[32] - Cash and cash equivalents decreased to $629.137 million from $648.207 million at the end of 2023[32] - Cash used in operating activities for Q1 2024 was $68.090 million, slightly improved from $72.409 million in Q1 2023[34] - The company reported a loss on extinguishment of debt amounting to $37.994 million in Q1 2024[30] - Interest expense, net for Q1 2024 was $124,747,000, up from $99,784,000 in Q1 2023, suggesting increased borrowing costs[48] Future Guidance - For Q2 2024, Sabre expects revenue of approximately $750 million and Adjusted EBITDA of around $115 million[15] - Full-year 2024 revenue guidance is raised to approximately $3,040 million, with Adjusted EBITDA expected to be around $520 million[15] - Free Cash Flow is projected to be positive for both Q2 2024 and the full year 2024[15] Shareholder Impact - Total diluted weighted-average common shares outstanding increased to 379,774,000 in Q1 2024 from 328,928,000 in Q1 2023, reflecting a dilution effect[46] - Free Cash Flow for Q1 2024 was $(95,766,000), slightly worse than $(90,519,000) in Q1 2023, indicating ongoing cash usage in operations[47] - Acquisition-related amortization for Q1 2024 was $9,622,000, compared to $9,934,000 in Q1 2023, indicating a slight decrease in amortization expenses[46]

Sabre Corporation (NASDAQ:SABR) Q4 2023 Earnings Conference Call February 15, 2024 9:00 AM ET Company Participants Brian Evans - SVP, IR and Treasurer Kurt Ekert - CEO and President Michael Randolfi - CFO and EVP Scott Wilson - EVP and President, Hospitality Solutions Conference Call Participants Josh Baer - Morgan Stanley Jed Kelly - Oppenheimer Dan Wasiolek - Morningstar Alex Irving - Bernstein Victor Cheng - Bank of America Operator Good morning and welcome to the Sabre's Fourth Quarter and Full Year 202 ...