Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides software and technology solutions for the travel industry worldwide. It operates in two segments, Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments. This segment also provides a portfolio of software technology products and solutions through software-as-a-service (SaaS) and hosted delivery models to airlines and other travel suppliers. Its products include reservation systems for carriers, commercial and operations products, agency solutions, and data-driven intelligence solutions. The Hospitality Solutions segment provides software and solutions to hoteliers through SaaS and hosted delivery models. Sabre Corporation was incorporated in 2006 and is headquartered in Southlake, Texas.
SOUTHLAKE, Texas and RIYADH, Saudi Arabia , May 7, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and Taiba Investments, a leading Saudi hospitality company with an extensive record in managing, developing, and operating hotels and residential compounds across the Kingdom of Saudi Arabia, announced the signing of a strategic technology agreement at the Arabian Travel Market event in Dubai . This collaboration will see the adoption of Sabre Hospitality's SynXis platform across multiple hotel brands within Taiba Investments' portfolio, including Makarem and Nur.
Sabre's (SABR) first-quarter 2023 performance reflects the gains from solid growth in global air, hotel and other travel bookings combined with higher average booking fees and an improved cost structure.
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 Victor Cheng - Bank of America Ryan Bressner - Morgan Stanley Operator Good morning and welcome to the Sabre First Quarter 2024 Earnings Conference Call. My name is Gerald and I will be your operator.
Although the revenue and EPS for Sabre (SABR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sabre (SABR) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.18 per share a year ago.
SOUTHLAKE, Texas , May 2, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended March 31, 2024. Sabre has posted its first quarter 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results.
More than 5,000 Wyndham hotels now on Sabre SynXis Property Hub, nearly one year ahead of schedule SOUTHLAKE, Texas , May 1, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading technology provider that powers the global travel industry, today announced a multi-year renewal with Wyndham Hotels & Resorts, following the hotel franchisor's highly successful adoption of SynXis Property Hub, Sabre Hospitality's property management system (PMS). With seamless integration to SynXis Central Reservation System as a single source of truth, SynXis Property Hub increases operational efficiency by reducing the time to execute routine tasks and allows hoteliers to access their property from anywhere through cloud-native technology.
SOUTHLAKE, Texas and AUCKLAND, New Zealand , April 29, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, today announced that Serko has launched Sabre NDC content in Zeno, the online travel platform for the business travel market. The activation makes Sabre the first GDS to provide NDC content through Zeno.
SOUTHLAKE, Texas , April 25, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year agreement with National Travel, a global travel agency ranked among the Top 25 Travel Management Companies in the United States by Business Travel News. The new agreement gives National Travel, which books a considerable amount of government travel, access to the robust travel content in the Sabre travel marketplace, helping to drive efficiencies and support its revenue growth goals.
SOUTHLAKE, Texas , April 19, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) announced plans to host a live webcast of its 2024 Annual Meeting of Stockholders on April 24, 2024 at 10:30 a.m. ET. The webcast will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com, and a replay of the event will be available on the website for at least 90 days following the event.
Renewed commitment marks a new chapter in Air Serbia's strategic and operational efficiency The airline adopts Sabre's advanced analytics for strategic decision-making and competitive advantage LONDON , April 16, 2024 /PRNewswire/ -- Air Serbia, Serbia's national airline, which offers an extensive flight network across Europe, the US, and China, has reaffirmed its partnership with Sabre Corporation (NASDAQ: SABR), by signing a multi-year early renewal. This signifies the carrier's commitment to continue its successful partnership with Sabre, and also marks a significant milestone with the adoption of Sabre's Pricing and Revenue Optimization suite of solutions into Air Serbia's strategy.