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 declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. This dividend will be paid on June 1, 2021, to shareholders on record by the close of business on May 15, 2021. As a key player in the global travel industry, Sabre provides essential technology solutions that manage over $260 billion in travel spend annually, serving more than 160 countries.
Sabre Corporation (NASDAQ: SABR) announced plans for a live webcast of its 2021 Annual Meeting of Stockholders on April 28, 2021, at 10:30 a.m. ET, accessible via its Investor Relations website. Additionally, a first-quarter earnings conference call is set for May 4, 2021, at 9:00 a.m. ET, where management will discuss financial results and the impact of COVID-19. Both sessions will be available for replay for 90 days. Sabre serves the global travel industry, managing over $260B in travel spend annually.
Sabre Corporation (NASDAQ: SABR) announced that JetBlue Airways has successfully migrated to its Revenue Optimizer solution. This technology upgrade comes at a time when COVID-19 has significantly altered travel demand, making traditional data less reliable. The Revenue Optimizer offers real-time market insights, aiding JetBlue's revenue management. With advanced decision support and demand forecasting, this scalable cloud solution positions JetBlue to enhance pricing strategies and revenue potential, aligning with Sabre's goal of personalized travel by 2025.
Kanoo Travel has renewed its 25-year partnership with Sabre Corporation (NASDAQ: SABR) through a new multi-year agreement. This collaboration aims to enhance Kanoo's operations and customer experience using Sabre's advanced technology, including the integration of Kanoo Krystal with Sabre Red 360. This partnership is expected to generate additional revenue opportunities and prepare Kanoo for increased travel demand post-COVID-19. Additionally, Kanoo Travel will implement Sabre Virtual Payments, providing improved control over transactions.
Sabre (NASDAQ: SABR) has launched a new airline storefront, an innovative capability for travel retailers to streamline the airline shopping experience. Available through Sabre's shopping APIs, this feature allows for effective comparison of complex airline offers. It supports airlines by presenting diverse product options and enhances travelers' decision-making. Initial pilot results show improved upsell opportunities, signaling a significant step toward a personalized travel marketplace. Sabre continues to provide solutions that enhance efficiency and revenue for travel companies.
On March 17, 2021, Sabre Corporation (NASDAQ: SABR) announced significant advancements in its New Distribution Capability (NDC) solutions. Key highlights include:
- NDC content is now bookable through GetThere, Sabre's corporate booking tool.
- Sabre achieved NDC Level 4 certification from IATA, enhancing its offer and order management capabilities.
- Expanded availability of Singapore Airlines’ NDC offers through Sabre's global distribution system (GDS) to qualified agencies.
These developments are designed to improve personalized travel experiences and operational efficiency for airlines and travel agencies.
Sabre Corporation (NASDAQ: SABR) announced the nomination of Phyllis Newhouse and Wendi Sturgis as independent directors for election at its 2021 Annual Meeting on April 28, 2021. Both nominees bring extensive technology and cybersecurity expertise, expected to enhance the board's strategic direction. This follows the retirement of four board members, showcasing a proactive approach to board composition. Sabre aims to maximize shareholder value by incorporating diverse skills and perspectives to navigate future challenges in the travel technology sector.
OYO Hotels & Homes has successfully integrated over 80 UK hotels into Sabre's SynXis Central Reservations System, following a global partnership. This integration connects more than 2,500 rooms to major Global Distribution Systems (GDS), enhancing booking capabilities for corporate clients, travel agents, and management companies. OYO's hotels span diverse locations and price points, catering to both leisure and business travelers. The partnership aims to boost revenue opportunities as additional OYO properties will be added in the UK as travel restrictions are lifted.
Berg-Hansen, the largest travel management company in the Nordics, has signed a multi-year agreement with Sabre Corporation (NASDAQ: SABR) to enhance its technology capabilities. The partnership aims to improve customer experiences through advanced shopping options and revenue growth by utilizing Sabre's technology, including Native APIs. This collaboration is part of Berg-Hansen's strategy to invest in technology for future growth, as highlighted by CEO Per Arne Villadsen. Sabre is focused on creating a new marketplace for personalized travel using AI and machine learning.
