Welcome to our dedicated page for Sabre news (Ticker: SABR), a resource for investors and traders seeking the latest updates and insights on Sabre stock.
Sabre Corporation (SABR) drives innovation in travel technology through its global distribution systems and enterprise solutions. This news hub provides investors and industry professionals with essential updates about the company’s strategic initiatives, technological advancements, and market position.
Access real-time announcements including earnings reports, partnership developments, and product launches. Our curated collection simplifies tracking Sabre’s progress in enhancing airline operations, hotel revenue management, and travel agency tools through AI-driven platforms.
Key updates cover airline IT modernization, hotel cloud solutions, and distribution network expansions. Stay informed about Sabre’s role in shaping next-generation travel commerce, including New Distribution Capability (NDC) implementations and data analytics innovations.
Bookmark this page for streamlined access to verified Sabre Corporation developments. Check regularly for updates on critical travel technology trends directly impacting global distribution networks and digital transformation initiatives.
Sabre Corporation (NASDAQ: SABR) has completed the sale of its Hospitality Solutions business to TPG for $1.1 billion, resulting in net proceeds of $960 million after taxes and fees. The company plans to use the majority of the proceeds to reduce its debt and decrease net leverage.
CEO Kurt Ekert emphasized that this divestiture represents a significant milestone in Sabre's transformation strategy, aimed at optimizing its portfolio and fostering sustainable growth.
Sabre Corporation (NASDAQ: SABR) has announced the pricing of an upsized offering of $1.325 billion Senior Secured Notes due 2030, increased from the initially planned $975 million. The notes, issued by subsidiary Sabre GLBL Inc., will carry an interest rate of 11.125% paid semi-annually and will mature on July 15, 2030.
The proceeds will be used to prepay outstanding borrowings under an intercompany loan agreement with Sabre Financial Borrower, LLC, and to prepay, redeem, or repurchase other debt. Additionally, Sabre GLBL plans to launch tender offers for certain existing senior secured notes, with a maximum aggregate purchase amount of $336.375 million. The notes are being offered privately to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
Sabre Corporation (NASDAQ: SABR) and Avelo Airlines have renewed their multi-year partnership for Sabre's Radixx platform, while also announcing Avelo as the first low-cost carrier to implement SabreMosaic Ancillary IQ. This AI-powered solution, part of the SabreMosaic Offer Management suite, uses machine learning models powered by Sabre Travel AI™ to optimize ancillary offers in real-time.
The partnership enhances Avelo's retailing capabilities through Radixx's passenger services system (PSS) and introduces personalized offer optimization. The technology aims to improve timing and pricing of ancillary services, helping Avelo maximize revenue while delivering better customer experiences. Operating from secondary airports, Avelo continues to focus on providing affordable, reliable travel services while leveraging technology for growth and market differentiation.