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Sabre Corporation

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$2.98

-0.01 (-0.17%)

Live

Previous Close

$2.99

Day Range

$2.96 - $3.09

Previous Day Range

$2.915 - $3

Market Cap

$1.1 billion USD

Day Vol.

1.6 million

Previous Day Vol.

2.8 million

Currency

USD

Primary Exchange

Nasdaq

Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2024 revenue, split between distribution (79% of segment sales) and airline IT solutions (21%) reven...

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Recent News

Akanksha Bakshi - Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction

Sabre Corporation announced the sale of its Hospitality Solutions business to TPG Inc. for $1.1 billion in cash. Sabre plans to use the net proceeds of around $960 million to reduce debt and strengthen its capital structure, allowing it to focus on its core airline IT and travel marketplace operations.

Related tickers: SABR, TPG.

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Qks Group - ICT Adoption in Travel & Hospitality Set to Accelerate, Projected to Grow at 7.9% CAGR by 2030

The travel and hospitality industry is projected to grow at a 7.9% CAGR through 2030, driven by the increasing adoption of information and communication technology (ICT) to enhance guest experiences, operational efficiency, and revenue management.

Related tickers: AMADY, SABR, CRM, ADBE, MSFT, AMZN, GOOG, GOOGL, IBM, CSCO, SAP, INFY, PTEL, FRSH, NOW.

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