Sabre

Sabre Corp. is a technology solutions provider to the global travel and tourism industry. It provides data-driven business intelligence, mobile, distribution and software-as-a-service solutions. The firm operates through the following segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment provides global travel for suppliers and buyers through a business-to-business travel marketplace. The Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery models, to hoteliers around the world. The company was founded in December 2006 and is headquartered in Southlake, TX.

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Sabre reports solid Q4 earnings, eyes recovery challenges and growth

Sabre's Q4 2022 earnings call showcased a mix of strong performance, strategic partnerships, and challenges faced in late 2022. The company remains optimistic about recovery in 2023, despite acknowledging setbacks. Analyst inquiries focused on recovery impacts and tech savings targets, highlighting areas of concern and potential growth opportunities.

Sabre reports positive Q1 earnings, eyes growth amid cost savings

Sabre's Q1 2023 performance showed positive revenue growth and EBITDA, with a focus on achieving positive free cash flow for the full year.
Despite facing challenges in meeting guidance and cost reduction targets, the company remains confident in its strategic growth initiatives.
Opportunities lie in industry volume growth, strategic initiatives, and tech transformation progress, positioning Sabre for future growth.
Overall, Sabre's performance, strengths, challenges, and opportunities indicate a strategic focus on growth and efficiency in a dynamic market.

Sabre surpasses Q2 expectations, eyes growth amidst debt challenges

Sabre's Q2 performance exceeded expectations, with strong revenue growth and strategic progress.
The company faces challenges in managing debt, IT Solutions revenue, and maintaining booking fees.
Opportunities lie in industry growth, technology initiatives, revenue optimization, and debt refinancing.
Overall, Sabre's performance reflects a positive trajectory with a focus on long-term financial targets.

Sabre surpasses Q3 expectations with strong revenue growth and partnerships

Sabre's Q3 performance exceeded expectations, driven by revenue growth, margin expansion, and successful business wins in Travel and Hospitality Solutions.
The company's technology transformation to Google Cloud is on track, with significant financial benefits expected by 2024, while strategic priorities focus on sustainable growth and innovation.
Challenges include slower leisure travel recovery and the relatively small impact of NDC on average booking fees, but Sabre is well-positioned to capitalize on opportunities in NDC growth and IATA's one order agenda.
Overall, Sabre's strong financial performance, strategic partnerships, and technology advancements position the company for continued growth and value creation in the travel industry.

Sabre reports robust Q4 earnings, eyes growth in airline channels

Sabre's Q4 2023 Earnings Call highlighted strong financial performance, strategic priorities for growth, and investments in technology transformation. The company remains optimistic about future industry growth, positioning itself well in the GDS market.

Sabre exceeds Q1 guidance, eyes growth in NDC volumes

Sabre's Q1 2024 Earnings Call showcased strong financial performance, strategic wins, and progress in technology transformation. Despite challenges like higher wage rates impacting cost efficiency, the company is focused on maintaining liquidity and seizing growth opportunities. With a positive outlook for revenue, adjusted EBITDA, and free cash flow, Sabre is poised for continued success in 2024.

Sabre surpasses Q2 expectations, targets EBITDA growth amid partnerships

Sabre's Q2 2024 performance exceeded expectations, showcasing revenue growth, improved EBITDA, and positive free cash flow.
The company's strategic focus on doubling EBITDA by 2025 and securing key partnerships positions Sabre for sustained growth.
While facing industry challenges and uncertainties, Sabre's financial resilience and growth initiatives present opportunities for future success.

Sabre reports robust Q3 earnings, eyes growth in hotel distribution

Sabre's Q3 2024 Earnings Call showcased strong financial performance, progress on growth strategies, and positive outlook for the future. The company's focus on key strategic priorities and partnerships positions it well for sustained growth and market expansion.

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Sabre Corp. is a software and technology company, which engages in technology solutions to the global travel and tourism industry. It provides data-driven business intelligence, mobile, distribution, and software-as-a-service (SaaS) solutions. It operates through the Travel Solutions and Hospitality Solutions segments. The Travel Solutions segment provides global travel for suppliers and buyers through a business-to-business travel marketplace. The Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery models, to hoteliers around the world. The company was founded in December 2006 and is headquartered in Southlake, TX.

The addition of EVA Air advances Sabre's multi-source content strategy by expanding booking options for travel agencies SOUTHLAKE, Texas and SINGAPORE and TAIPEI CITY, Taiwan , Nov. 21, 2024 /PRNewswire/ --  Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced New Distribution Capability (NDC) connectivity from Star Alliance member and five-star SKYTRAX airline, EVA Air, through Sabre's global multi-source content platform. With this new connection, EVA Air's NDC content will be seamlessly integrated into Sabre's global distribution system (GDS), allowing travel agencies and corporate buyers to compare flight options with greater efficiency and transparency.

Taiwan's EVA Air activates NDC connection with Sabre

Why Sabre Stock Lost Altitude on Tuesday

After a successful pilot phase leading to sales growth for launch partner Internova Travel Group, Sabre Red Launchpad  is now being rolled out for new and independent travel agents SOUTHLAKE, Texas , Nov. 13, 2024 /PRNewswire/ --  Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, is launching Sabre Red Launchpad™  to simplify booking travel. Building on promising results from its pilot phase, the professional grade, user-friendly interface provides agents with easy access to AI-powered capabilities and multi-source content, without the need for deep Global Distribution System expertise.

Sabre Red Launchpad™, now available to travel agencies around the world

SOUTHLAKE, Texas , Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") today announced that Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, has commenced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") to exchange certain of its outstanding 11.250% Senior Secured Notes due 2027 (the "December 2027 Notes") and 8.625% Senior Secured Notes due 2027 (the "June 2027 Notes" and, together with the December 2027 Notes, the "Existing Notes" and each of them a "series" of Existing Notes) for up to $500 million (as such amount may be amended by Sabre GLBL in its sole discretion, the "Maximum Exchange Amount") in aggregate principal amount of Sabre GLBL's new 10.750% Senior Secured Notes due 2029 (the "New Notes" and together with the Existing Notes, the "Securities"), upon the terms and subject to the conditions described in the confidential offering circular, dated as of November 7, 2024, for the Exchange Offers (as it may be amended or supplemented, the "Offering Circular"). The primary purpose of the Exchange Offers is to improve the Company's maturity profile by extending the maturity date of the indebtedness represented by the Existing Notes from 2027 to 2029.

Sabre Corporation Announces Exchange Offers by Sabre GLBL Inc. for Certain Senior Secured Debt Securities

Collaboration brings SynXis® platform and global GDS/IDS connectivity and alternative distribution channels for up to 1,200 independent hotels and resorts globally with a focus on driving growth in the United Arab Emirates, Turkey, Qatar, and Saudi Arabia SOUTHLAKE, Texas and ISTANBUL , Nov. 7, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new partnership with BookLogic, a leading hotel & travel technology platform known for increasing accommodation revenues and profitability. This collaboration, which marks a significant step in expanding the global distribution and retailing capabilities of both companies, focuses on driving growth in the Middle East and Africa (MEA) regions, with particular emphasis on United Arab Emirates (UAE) and Turkey as well as Qatar and Saudi Arabia.

Sabre and BookLogic partner to advance retailing and distribution strategies across Turkey and the Middle East

Sabre-connected agencies can now book NDC content from India's flagship carrier SOUTHLAKE, Texas and SINGAPORE and NEW DELHI, India , Nov. 7, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a major milestone in air travel distribution for India, with the launch of New Distribution Capability (NDC) content for Air India, the country's flagship airline. As part of Air India's strategic modernization efforts, the introduction of NDC offers through Sabre will enhance the way Sabre-connected travel agents shop, book and service Air India reservations.

Air India advances partnership with Sabre with launch of NDC content

SOUTHLAKE, Texas , Nov. 4, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced the launch of SynXis Insights, an advanced data and analytics tool designed to empower hoteliers with actionable insights to drive decision-making and optimize performance. SynXis Insights simplifies decision-making by providing a holistic view of SynXis reservation data with ready-made visualizations and daily data updates.

Sabre Hospitality Unveils SynXis Insights: A Game-Changing Data and Analytics Tool for Hoteliers

SABR's third-quarter 2024 results reflect gains from the improvement in global air, hotel and other travel bookings.

Sabre Q3 Loss Wider Than Expected: Will Weak Results Drag Stock Down?

Sabre Corporation (NASDAQ:SABR ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Brian Evans - Senior Vice President, Investor Relations & Treasurer Kurt Ekert - President & Chief Executive Officer Mike Randolfi - Chief Financial Officer Conference Call Participants Josh Baer - Morgan Stanley Jed Kelly - Oppenheimer & Company Victor Cheng - Bank of America Operator Good morning and welcome to the Sabre Third Quarter 2024 Earnings Conference Call. My name is Riska and I will be your operator.

Sabre Corporation (SABR) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Sabre (SABR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Sabre (SABR) Q3 Earnings: A Look at Key Metrics

Sabre (SABR) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.06 per share a year ago.

Sabre (SABR) Reports Q3 Loss, Lags Revenue Estimates

SOUTHLAKE, Texas , Oct. 31, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2024. Sabre has posted its third quarter 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results.

Sabre's third quarter 2024 earnings materials available on its Investor Relations website

SOUTHLAKE, Texas and LISBON, Portugal , Oct. 30, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider in travel, and TAP Air Portugal, the main Portuguese airline, today announced an expanded distribution agreement. Sabre-connected travel agents can immediately start placing activation requests for NDC offers.

Sabre and TAP Air Portugal expand distribution agreement, enabling access to NDC content for travel agents and travel buyers

Ongoing collaboration will support joint strategic development, investment and commercial plans Upon closing, Serko will acquire GetThere, Sabre's corporate online booking tool SOUTHLAKE, Texas and AUCKLAND, New Zealand , Oct. 28, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) ("Sabre"), a leading software and technology company powering the travel industry, and Serko Limited (NZX & ASX: SKO) ("Serko"), a leading online travel technology company, announced today that they have entered into a definitive agreement, pursuant to which Serko will acquire GetThere L.P. ("GetThere"), Sabre's powerful business travel management solution.

Sabre and Serko Announce Partnership to Foster Innovation in Corporate Travel

Sabre (SABR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sabre (SABR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Over 900 Premier Inn Hotels in the UK, Ireland, and Germany Now Available through Sabre's Content Services for Lodging Platform SOUTHLAKE, Texas and LONDON , Oct. 24, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has announced a new distribution agreement with Premier Inn, the UK's largest hotel brand, ensuring travel buyers worldwide have access to Premier Inn's expansive lodging content. With over 900 properties and more than 85,000 rooms across the UK and Ireland, as well as 10,500 rooms in Germany, Premier Inn's properties are now available through Sabre's GDS.

Sabre Expands Global Lodging Content with New Agreement to Add Premier Inn Properties

World Travel's commitment to superior customer service bolstered with Sabre's robust NDC infrastructure within a multi-source content platform  SOUTHLAKE, Texas , Oct. 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year distribution agreement with World Travel, Inc., one of the top 10 largest Travel Management Companies (TMC) in the United States. The new agreement will allow thousands of World Travel agents to access the robust travel content available via Sabre's travel marketplace including NDC offers that are easy to shop, compare, book, and service alongside traditional EDIFACT content.

World Travel, Inc. selects Sabre as its primary GDS partner

SOUTHLAKE, Texas , Oct. 17, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its third quarter 2024 earnings conference call on October 31, 2024 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook.

Sabre announces upcoming webcast of its third quarter 2024 earnings conference call

Technology industry executive, Eric L. Kelly, to join its Board of Directors SOUTHLAKE, Texas , Oct. 16, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading travel technology company, today announced that Technology industry veteran, Eric L.

Sabre Announces New Board Appointment

South Korea's largest hotel group is deploying an extensive suite of Sabre Hospitality technology across its brands to further enhance distribution, reservation management, and guest experience capabilities SINGAPORE and SEOUL, South Korea , Oct. 14, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, is now the primary reservation platform for LOTTE HOTELS & RESORTS. This migration marks a major milestone for LOTTE HOTELS & RESORTS as they transition to the advanced capabilities of Sabre's SynXis Central Reservation System (CRS).

LOTTE HOTELS & RESORTS migrates to Sabre SynXis Central Reservations System

Saudi Arabia's newest flagship airline will deploy Sabre's AI-powered solutions at the forefront of the industry's transition to a more modern retailing approach RIYADH, Saudi Arabia and SOUTHLAKE, Texas , Oct. 10, 2024 /PRNewswire/ -- Riyadh Air, poised to become one of the most forward-thinking airlines globally, has entered into a strategic agreement with Sabre Corporation (NASDAQ: SABR), a global leader in software and technology powering the travel industry. Through this partnership, Riyadh Air will adopt comprehensive SabreMosaic™ Offer Optimization technology that provides the intelligence to enable the airline's ambition to be the first carrier to operate on offer- and order-based technology across the entire retail spectrum from its first day of operations in 2025.

Riyadh Air Selects SabreMosaic™ to Power Next-Gen Retailing and Offer Optimization

Sabre's revenue and cash flow have improved since 2020, but the stock trades at March 2020 levels. Interest payments remain high, but refinancing pushed maturities to 2028. Headwinds in the air bookings market, with a 1% YoY decline in bookings, while its competitor, Amadeus, gained 3%, signaling market share loss.

Sabre: Undervalued And Ready For Takeoff

The multi-year agreement will allow the airline to strengthen the distribution of its flight inventory through Sabre's global network of travel buyers. SOUTHLAKE, Texas , Oct. 3, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading provider of software and technology that powers the global travel industry, announced today a multi-year distribution agreement with the Dominican flag carrier Arajet.

Sabre and Arajet sign long-term distribution agreement to expand reach and boost sales

Travel technology company announces submission of commitment letter on setting Science Based Targets and focuses on a three-pillar strategy to drive positive impact SOUTHLAKE, Texas , Sept. 30, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced the release of its 2024 Sustainability Report.

Sabre releases 2024 Sustainability Report, introducing new Travel Positive strategy

Unlocking sustainability insights: Sabre first to apply Travel Impact Model for past emissions SOUTHLAKE, Texas , Sept. 24, 2024 /PRNewswire/ --  Sabre Corporation (NASDAQ; SABR), a leading software and technology company that powers the global travel industry, and Google have joined forces to use the Google's  Travel Impact Model (TIM) for the first time in calculating past emissions from business travel.

News for Sabre Stock (SABR)