Sabre | Latest News & Updates - Nov 11, 2024 Release

On November 7, 2024, Sabre announced that its subsidiary Sabre GLBL Inc. started exchange offers for up to $500 million of new 10.750% Senior Secured Notes due 2029, replacing certain existing notes...


Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡


Sabre

🌎 sabre.com

Sabre is a global technology company that provides innovative software and technology solutions to the travel industry. Headquartered in Southlake, Texas, Sabre partners with airlines, hotels, travel agencies, and corporate customers to enhance the travel experience and streamline operations. The company is known for its unmatched technology and data-driven solutions that help clients grow their businesses and transform traveler experiences. Sabre has pioneered various travel technologies, including online travel agencies and corporate booking tools.


Sabre - Latest News and Updates

  • On November 7, 2024, Sabre announced that its subsidiary Sabre GLBL Inc. started exchange offers for up to $500 million of new 10.750% Senior Secured Notes due 2029, replacing certain existing notes.
  • On November 7, 2024, Sabre launched New Distribution Capability (NDC) content for Air India, enhancing booking options for Sabre-connected travel agents.
  • On November 7, 2024, Sabre Hospitality partnered with BookLogic to enhance retailing and distribution strategies for up to 1,200 independent hotels in the UAE, Turkey, Qatar, and Saudi Arabia using the SynXis platform.
  • SeerBit announced a strategic partnership with Sabre to address payment challenges in the airline industry.
  • Sabre will showcase its latest Network Planning and Optimization suite at the IATA Slot Conference in Singapore next week.
  • Sabre's Q3 distribution revenue grew 5% year over year, driven by a 3-4% increase in corporate travel air bookings and a 1% rise in average booking fees, while IT Solutions revenue declined 5% due to de-migrations.
  • Sabre is participating in the World Travel Market London with five panels on November 5-7, focusing on topics like net positive tourism and AI in travel marketing.
  • Jacek Madej, former Director of Software Engineering at Sabre, is seeking new job opportunities.
  • Penny L Truttmann has joined Sabre as Principal Strategic Partnerships Manager in the United States, previously serving as Entertainment Marketing and Business Development Advisor at a Confidential company.
  • Joe DiFonzo, CIO of Sabre, discussed technology's role in managing global flights and the travel industry's sustainability efforts in a CIO Leadership Live episode.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.