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Sabre's first quarter 2025 earnings materials available on its Investor Relations website
Prnewswire· 2025-05-07 11:55
SOUTHLAKE, Texas, May 7, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended March 31, 2025. Sabre has posted its first quarter 2025 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov.As previously announced, Sabre will host a live webcast of its f ...
Sabre(SABR) - 2025 Q1 - Quarterly Results
2025-05-07 11:40
Sabre reports solid first quarter 2025 results Reaffirms FY 2025 double digit distribution bookings growth, high single digit revenue growth, and pro forma Free Cash Flow expectations Agreement to sell Hospitality Solutions for $1.1 billion Business Highlights: First Quarter 2025 Financial Results: SOUTHLAKE, Texas – May 7, 2025 – Sabre Corporation ("Sabre" or the "Company") (NASDAQ: SABR) today announced financial results for the quarter ended March 31, 2025. 1 • Financial performance in line with Q1 guida ...
Sabre expands NDC reach with Air France and KLM
Prnewswire· 2025-05-06 12:31
Core Insights - Sabre Corporation has integrated Air France and KLM's New Distribution Capability (NDC) content into its travel marketplace, enhancing travel agencies' access to exclusive fares and richer travel options [1][2][3] Group 1: NDC Integration - The integration of NDC content allows airlines to create personalized offers beyond traditional fare structures, providing richer content and competitive pricing in the indirect channel [2][4] - Travel agencies connected to Sabre can access this content seamlessly through various tools, including Sabre's Offer and Order APIs and Sabre Red 360 [2][3] Group 2: Benefits for Travel Agencies - Travel agencies benefit from improved fares, continuous pricing, exclusive promotions, and innovative offers, enhancing their ability to provide superior choices to travelers [3][4] - The multi-source content approach simplifies the comparison and booking process across different airline retail models, allowing agencies to manage a broader range of offers efficiently [3][4] Group 3: Sabre's Vision and Investment - Sabre's ongoing investment in expanding NDC capabilities aims to support the entire travel ecosystem, ensuring agencies can shop, compare, and book offers in a single workflow [4] - The collaboration with Air France and KLM reinforces Sabre's vision of a marketplace where airlines can distribute personalized offers at scale while agencies deliver value to travelers [4]
Aeromexico Expands Strategic Partnership with Sabre to Power Smarter Pricing Decisions
Prnewswire· 2025-05-05 12:30
Core Insights - Sabre Corporation has entered into a new agreement with Aeromexico to enhance its retailing capabilities through SabreMosaic, incorporating advanced AI-driven solutions for dynamic pricing and personalized ancillary offers [1][2][4]. Company Overview - Sabre Corporation is a leading global travel technology company headquartered in Southlake, Texas, serving customers in over 160 countries [5]. Partnership Details - The partnership between Aeromexico and Sabre has lasted 14 years, with Aeromexico relying on Sabre for technology support to achieve its strategic vision and growth objectives [2]. - Aeromexico will utilize SabreMosaic Air Price IQ for optimizing airfare pricing and SabreMosaic Ancillary IQ for personalizing ancillary offers, aimed at improving operational efficiency and enhancing customer value [2][3]. Technological Advancements - SabreMosaic is described as a revolutionary offer and order retailing platform for airlines, powered by Google's AI and Cloud architecture, allowing for flexibility and speed in creating personalized travel content [4]. - The collaboration between Sabre and Google focuses on bringing industry-first applications of Generative AI to market, enhancing the capabilities of airlines [4]. Aeromexico's Strategic Focus - Aeromexico aims to maintain operational excellence and enhance customer experience, having recently been recognized as the most punctual airline in 2024 and early 2025 [3].
Gray Dawes Group appoints Sabre as exclusive global distribution partner
Prnewswire· 2025-04-30 13:00
SOUTHLAKE, Texas, April 30, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today announced a multi-year partnership with Gray Dawes Group, one of the industry's largest independent travel management companies (TMCs). Under this partnership, Gray Dawes has selected Sabre as its sole global distribution platform partner.Gray Dawes will partner with Sabre to accelerate its next phase of growth, prioritizing investments in innovation to better serve clients wo ...
Sabre and Iberia enhance travel retailing with NDC Iaunch
Prnewswire· 2025-04-29 12:30
Core Insights - Sabre Corporation has activated Iberia's New Distribution Capability (NDC) content in its global distribution system, enhancing travel retailing and providing agencies with seamless access to Iberia's dynamic offers [1][2][3] - The collaboration aims to improve efficiency and transparency in comparing flight options, while supporting Iberia's strategy for more flexible and tailored fare choices for travelers [1][2] Group 1: Company Strategies - Iberia's activation of NDC through Sabre represents a significant step in its distribution strategy, leveraging Sabre's extensive network to deliver greater value and service to travelers worldwide [2] - Sabre's NDC approach focuses on broader content access and seamless integration into agency workflows, addressing evolving customer demands through real-time offer creation [2][3] Group 2: Market Impact - The partnership between Iberia and Sabre enhances the multi-source content platform, providing agencies with increased choice and flexibility, ultimately improving the overall travel experience [3] - The integration of Iberia's NDC content allows Sabre-connected agencies to efficiently shop, book, and service NDC offers alongside other content, reinforcing the commitment to advancing travel retailing and distribution [3]
氪星晚报 |匈牙利经济部长:“没看到能与中国媲美的美国投资潜力”,不会削弱与华经济联系;阿迪达斯第一季度净利润4.28亿欧元,市场预估3.764亿欧元
3 6 Ke· 2025-04-29 11:24
Group 1: Didi's Safety Measures - Didi has implemented safety reminders for the upcoming "May Day" holiday travel peak, focusing on risk assessment, emergency drills, and driver training [1] - The company is enhancing safety protocols and increasing technical and human resources to ensure efficient responses to emergencies [1] - Didi is utilizing big data and smart technology to monitor orders in real-time and provide risk alerts during the holiday [1] Group 2: Adidas Financial Performance - Adidas reported a first-quarter net profit of €428 million, exceeding market expectations of €376.4 million [2] - The company's gross profit for the quarter was €3.21 billion, also above the market forecast of €3.16 billion [2] - Adidas maintains its full-year operating profit forecast between €1.7 billion and €1.8 billion, lower than the market estimate of €2.04 billion [2] Group 3: NXP Semiconductors Earnings - NXP Semiconductors announced first-quarter revenue of $2.84 billion, slightly above market expectations of $2.83 billion [2] - The company experienced a year-over-year revenue decline of 9% [2] - Adjusted EPS for the quarter was $2.64, surpassing the market forecast of $2.60 [2] Group 4: Sabre's Business Sale - Sabre has agreed to sell its Hospitality Solutions business to TPG for $1.1 billion in cash [2] - The transaction will allow Hospitality Solutions to operate as an independent entity while benefiting from TPG's resources for growth [2] - TPG manages assets totaling $246 billion and will conduct the investment through its private equity platform [2] Group 5: Domino's Sales Decline - Domino's Pizza reported a 0.5% year-over-year decline in same-store sales in the U.S., falling short of analyst expectations for a 0.5% increase [3] - The decline is attributed to high inflation and economic uncertainty affecting consumer demand [3] - The company's gross margin for U.S. stores decreased from 17.5% to 16% due to rising food ingredient costs [3] Group 6: Sony's Semiconductor Business Split - Sony is considering a spin-off of its semiconductor division, potentially completing the process within the year [3] - The move aims to streamline operations and refocus on the entertainment sector [3] - Discussions are ongoing, and plans may change due to market volatility influenced by U.S. tariffs [3] Group 7: Investment Activities - "Yinshi Robot" has completed nearly 100 million RMB in B3 round financing, focusing on advanced technology development and global market expansion [4] - Anhui Wanzhi Construction Engineering Co., Ltd. secured 26 million RMB in Pre-A round financing to advance smart construction technology and low-carbon materials [5] - "Zhijing Jinchian" has received angel round financing, specializing in artificial intelligence computing power through blockchain technology [6] Group 8: New Product Launches - Midea Air Conditioning held its first "2025 Midea AI Technology Day," launching several AI-driven air conditioning products [7] - iQOO introduced the new iQOO Z10 Turbo series smartphones, starting at a price of 1,099 RMB, highlighting performance and battery life [8] Group 9: Economic Insights - Hungary's economy minister stated that Hungary will not weaken its economic ties with China, citing a lack of comparable investment potential from the U.S. [9] - The Hong Kong Stock Exchange and Securities and Futures Commission are preparing to assist Chinese companies wishing to return to the Hong Kong market [9] - South Korea's retail sales increased by 9.2% year-over-year in March, driven by strong online demand for food and daily necessities [10]
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
Core Insights - Sabre Hospitality has renewed its agreement with Kerzner International to enhance distribution and retailing capabilities through the SynXis platform [1][2] - Kerzner operates 23 properties globally, focusing on ultra-luxury hotels and innovative hospitality experiences [2][7] - The SynXis Booking Engine will allow Kerzner to offer ancillary services alongside room reservations, aiming to tap into new revenue streams [1][3] Company Overview - Sabre Corporation is a leading global travel technology company, providing solutions for airlines, hoteliers, and travel agencies [6] - Kerzner International is recognized for its development and operation of destination resorts and ultra-luxury hotels, with flagship brands including Atlantis and One&Only [7] Technology and Revenue Impact - The SynXis Central Reservation System (CRS) enables consistent distribution across various channels, enhancing decision-making and control for hoteliers [4] - Hotels utilizing SynXis Retailing have reported an average of $300 in additional revenue per booking, with top properties potentially exceeding $1 million in non-room revenue annually [5] - Kerzner experienced a nearly 97% increase in transaction growth from 2022 to 2024 through the use of SynXis CRS [5]