Sabre Corporation - SABR STOCK NEWS

Sabre Corporation (NASDAQ: SABR) announced a new partnership with Cathay Pacific Airways aimed at enhancing strategic pricing and intelligent offer creation in the evolving travel market. The agreement will utilize Sabre's AirVision Fares Manager and Fares Optimizer, which automate fare management and integrate competitor fare benchmarking. This will enable Cathay Pacific to react swiftly to market conditions and improve its pricing strategies. The collaboration aligns with the industry's recovery efforts and emphasizes the importance of advanced technology for competitive fare offerings.

Sabre Corporation (SABR) reported its fourth quarter and full year 2021 financial results, now available on the Investor Relations webpage. The earnings conference call is scheduled for today at 9:00 a.m. ET, where management will share insights on financial performance and future outlook. Sabre, a leading software and technology company in the travel sector, manages over $260 billion in global travel spend. With operations in 160 countries, it provides solutions to enhance efficiency and revenue for travel companies.

Sabre Corporation (NASDAQ: SABR) has announced an expanded strategic partnership with Hopper, a fast-growing online travel agency. This renewed collaboration, effective for the next three years, positions Sabre as Hopper's primary global GDS and technology partner, building on a successful relationship that began in 2012. The partnership aims to enhance customer experience through innovative technology solutions. Sabre's systems, including low fare shopping APIs and post booking automation, have been critical in managing travel disruptions and delivering savings to Hopper's users.

Sabre Corporation (NASDAQ: SABR) has declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. This dividend will be paid on March 1, 2022 to shareholders on record as of the close of business on February 15, 2022. With a focus on the travel industry, Sabre delivers software and technology solutions that empower airlines, hoteliers, and travel agencies, managing over $260B in global travel spend annually.

Sabre Corporation (SABR) will host a live webcast for its fourth quarter and full year 2021 earnings on February 15, 2022, at 9:00 a.m. ET. Management will review the financial results and provide a forward outlook during this approximately one-hour event. The webcast can be accessed via the Investor Relations section of their website. A replay will be available for at least 90 days post-event. Sabre is a key technology provider for the global travel industry, managing over $260 billion in annual travel spend.

Sabre Corporation (NASDAQ: SABR) has expanded its SafePoint travel risk management product to include global travel restriction tracking, catering to a recovering travel industry post-COVID-19. This enhancement allows travel agencies and corporate clients to monitor entry restrictions, health requirements, and quarantine rules in real-time using multiple data sources. The update aims to aid decision-making for safer travel, addressing the need for timely information in a rapidly changing environment. SafePoint supports Sabre's commitment to traveler safety as the industry rebounds.

Sabre Corporation (NASDAQ: SABR) has signed a multi-year preferred GDS agreement with Colombia's Aviatur, enhancing its technological partnership to support Aviatur's growth and efficiency goals. The agreement is part of Aviatur's ongoing transformation and investment in technology to adapt to market changes. Aviatur, a leading travel agency in Latin America, aims to leverage this partnership to bolster its omnichannel retail strategy. The 11-year agreement marks a significant commitment to personalized travel solutions and innovation in the travel and tourism sectors.

Sabre Corporation (NASDAQ: SABR) has successfully partnered with Air Serbia to implement its Dynamic Availability software, enabling the airline to optimize pricing and respond to market changes effectively. This machine-learning tool enhances revenue opportunities by analyzing traveler behavior and providing real-time recommendations. Air Serbia is also considering collaboration on Sabre's new Sabre Price IQ product to further refine revenue management. The integration of AI and machine learning is expected to significantly improve pricing strategies and enhance the traveler experience.

Nok Air has signed long-term agreements with Sabre Corporation and its subsidiary Radixx to enhance its business strategy. The partnership will provide Nok Air with a comprehensive suite of digital products aimed at expanding distribution and revenue sources as it targets premium and value-based travelers. Key solutions include Radixx's passenger service system, e-commerce capabilities, and Sabre’s Global Distribution System to facilitate international market access. These initiatives are part of Nok Air's broader plans to launch new routes and improve operational efficiency.