Sabre

Sabre announces upcoming webcast of fourth quarter and full year 2020 earnings conference call

Retrieved on: 
Tuesday, February 2, 2021
Travel technology, Engines, Travel, Technology, OpenTravel Alliance, Sabre Corporation, Sabre, Sabre, Webcast, Southlake, Texas

SOUTHLAKE, Texas, Feb. 2, 2021 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its fourth quarter and full year 2020 earnings conference call onFebruary 16, 2021 at9:00 a.m.

Key Points: 
  • SOUTHLAKE, Texas, Feb. 2, 2021 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its fourth quarter and full year 2020 earnings conference call onFebruary 16, 2021 at9:00 a.m.
  • Management will discuss the financial results, as well as comment on the impact of COVID-19 on the business.
  • The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com .
  • A live audio webcast of the session will be available on the Sabre website at investors.sabre.com .

Preferred Hotels & Resorts renews successful strategic partnership with Sabre to fuel future growth

Retrieved on: 
Wednesday, January 13, 2021
Travel, Preferred Hotels & Resorts, Articles, Sabre, Hospitality, OpenTravel Alliance

"Sabre has long been our brand's valued technology provider, and we are pleased to continue our partnership as we look to help fuel the recovery of the hospitality industry," said Michelle Woodley, President of Preferred Hotels & Resorts.

Key Points: 
  • "Sabre has long been our brand's valued technology provider, and we are pleased to continue our partnership as we look to help fuel the recovery of the hospitality industry," said Michelle Woodley, President of Preferred Hotels & Resorts.
  • "Preferred Hotels & Resorts is a marquee customer for Sabre Hospitality, representing some of the best hotel brands in the world," said Scott Wilson, president of Sabre Hospitality Solutions.
  • "We're delighted to announce our continued relationship with Preferred Hotels & Resorts, which is testament to the confidence that Preferred has in Sabre and affirms our long-lasting partnership," said Ben Alves, vice president & general manager Americas of Sabre Hospitality Solutions.
  • Preferred Hotels & Resorts is the world's largest independent hotelbrand, representing more than 750 distinctive hotels, resorts, residences, and unique hotel groups across 85 countries.

Travelgenio expands partnership with Sabre to tap into online recovery and fuel growth

Retrieved on: 
Monday, January 11, 2021
Travel technology, Sabre, Southlake, Texas, Sabre

Rolling out Sabre's automation and virtual payment technologies (Sabre Virtual Payments) is a cornerstone of Travelgenio's strategy to tap into the expected surge in leisure travel.

Key Points: 
  • Rolling out Sabre's automation and virtual payment technologies (Sabre Virtual Payments) is a cornerstone of Travelgenio's strategy to tap into the expected surge in leisure travel.
  • Operating in more than 50 countries worldwide, Travelgenio will now use Sabre's industry-leading technology to help boost its revenue and transform its business during the anticipated recovery period and beyond.
  • In addition to supporting its customers through the COVID-19 pandemic, Sabre is working to realize its long-term vision regarding personalized travel.
  • Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.

Sabre Corporation Announces Refinancing of Term A Loans and Redemption of Senior Secured Notes

Retrieved on: 
Thursday, December 17, 2020
Travel technology, Finance, Money, Travel, Mortgage, OpenTravel Alliance, Sabre Corporation, Sabre, Refinancing, Debt

SOUTHLAKE, Texas, Dec. 17, 2020 /PRNewswire/ --Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced a refinancing of a portion of its existing indebtedness, including the repayment in full of its Term Loan A credit facility and the satisfaction and discharge of Sabre GLBL Inc.'s 5.250% Senior Secured Notes due November 2023 (the "November 2023 Notes").

Key Points: 
  • SOUTHLAKE, Texas, Dec. 17, 2020 /PRNewswire/ --Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced a refinancing of a portion of its existing indebtedness, including the repayment in full of its Term Loan A credit facility and the satisfaction and discharge of Sabre GLBL Inc.'s 5.250% Senior Secured Notes due November 2023 (the "November 2023 Notes").
  • Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering certain interest, fees and expenses.
  • The refinancing has meaningfully improved Sabre's debt maturity profile and preserves its flexibility.
  • The New Facilityisguaranteed by Sabre Holdings Corporation and each subsidiary of Sabre GLBL that guarantees the Credit Agreement.

Lufthansa Group airlines and Sabre sign new industry-leading distribution agreement

Retrieved on: 
Wednesday, December 16, 2020
Airlines, Aviation, Articles, Lufthansa Group, Travel technology, Star Alliance, Airline tickets, Business software, Lufthansa, Global distribution system, Airline, Sabre

Under the agreement, which covers the carriers Austrian Airlines, Lufthansa, SWISS, Air Dolomiti and Brussels Airlines, Sabre will continue to distribute Lufthansa Group airlines' content through traditional connectivity to hundreds of thousands of travel agents and thousands of corporations through its global distribution system (GDS).

Key Points: 
  • Under the agreement, which covers the carriers Austrian Airlines, Lufthansa, SWISS, Air Dolomiti and Brussels Airlines, Sabre will continue to distribute Lufthansa Group airlines' content through traditional connectivity to hundreds of thousands of travel agents and thousands of corporations through its global distribution system (GDS).
  • In addition, the agreement enables the distribution of Lufthansa Group airlines' content via the New Distribution Capability (NDC) standard in the Sabre travel marketplace.
  • Lufthansa Group airlines and Sabre are working together intensely to bring Lufthansa Group airlines' offer live on NDC solutions.
  • The Network Airlines business segment includes the airlines Lufthansa German Airlines, SWISS, Austrian Airlines and Brussels Airlines.

Own the Night with SABRE'S 2-in-1 PepperLight™

Retrieved on: 
Monday, December 7, 2020
Engines, Flashlight, Pepper spray, Sabre, Sabre

Combining SABRE's industry-leading pepper spray with a high-powered 750-lumen flashlight with three modes (high, low, strobe), the new SABRE 2-in-1 PepperLight can illuminate any dark and potentially unsafe situation.

Key Points: 
  • Combining SABRE's industry-leading pepper spray with a high-powered 750-lumen flashlight with three modes (high, low, strobe), the new SABRE 2-in-1 PepperLight can illuminate any dark and potentially unsafe situation.
  • With the ability to shine up to 540 feet or the length of 1.5 football fields the PepperLight boasts the highest rated brightness and distance of any product in the category.
  • For more information on SABRE's array of personal safety products, including the 2-in-1 PepperLight Flashlight Pepper Spray, please visit SABREred.com .
  • SABRE, the leading brand in personal safety trusted worldwide, is family owned and operated with over four decades of experience.

LATAM implements Sabre's Select Shopping solutions

Retrieved on: 
Monday, December 7, 2020
Airlines, Aviation, Travel technology, OpenTravel Alliance, Sabre Corporation, Sabre, LATAM Airlines Group, LATAM Brasil, LATAM Chile, LATAM Paraguay, Airline, Delta Air Lines

SOUTHLAKE, Texas, Dec. 7, 2020 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, and LATAM Airlines, South America's largest and longest-serving airline, today announced the airline's successful implementation of Sabre's Select Shopping solutions on the carrier's website and call center.

Key Points: 
  • SOUTHLAKE, Texas, Dec. 7, 2020 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, and LATAM Airlines, South America's largest and longest-serving airline, today announced the airline's successful implementation of Sabre's Select Shopping solutions on the carrier's website and call center.
  • Sabre's Shopping solutions now power the consistent distribution of LATAM content across all of their channels, with incredible accuracy in pricing and availability down to the last seat.
  • Since the implementation, LATAM reports its website has experienced close to a 3% increase in passenger booking conversions.
  • "After several weeks of use, we can confidently say that adding Sabre's Select Shopping solutions to our suite of tools was a great choice.

Sabre Corporation Announces Refinancing of Term A Loans and Redemption of Senior Secured Notes

Retrieved on: 
Monday, December 7, 2020
Finance, Money, Weapons, Travel technology, Financial law, Sabre Corporation, Sabre, Credit, Revolving credit, Debt

SOUTHLAKE, Texas, Dec. 7, 2020 /PRNewswire/ --Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced a proposedrefinancing of a portion of its existing indebtedness.

Key Points: 
  • SOUTHLAKE, Texas, Dec. 7, 2020 /PRNewswire/ --Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced a proposedrefinancing of a portion of its existing indebtedness.
  • The proposed refinancing includes the borrowing by its wholly-owned subsidiary, Sabre GLBL Inc. ("Sabre GLBL"), under a new $637,000,000 million term loan B facility (the "New Facility") under the senior secured credit agreement (the "Credit Agreement") that governs its existing revolving credit facility, its existing term "A" loan facility (the "Term A Loans"), and its existing term "B" loan facility.
  • The New Facility would mature on the seventh (7th) anniversary of the closing date of the New Facility.
  • The New Facilitywill be guaranteed by Sabre Holdings Corporation and each subsidiary of Sabre GLBL that guarantees the Credit Agreement.

Gulf Air introduces new fares using Sabre's branded fares technology

Retrieved on: 
Wednesday, December 2, 2020
Travel technology, Airline tickets, Articles, Human activities, Sabre, Transport, Travel agency, Airline, Alternate air ticket purchasing order system

"With Sabre's branded fares, airlines can go beyond the basic fare rules," said Dino Gelmetti, Vice President EMEA, Sabre Travel Solutions.

Key Points: 
  • "With Sabre's branded fares, airlines can go beyond the basic fare rules," said Dino Gelmetti, Vice President EMEA, Sabre Travel Solutions.
  • Gulf Air has introduced a new price concept for all destinations effective Oct. 20, 2020, which travel agents can book through Sabre's GDS.
  • By marketing its "Boutique" fares through Sabre, Gulf Air will be giving its customers more control over their travel experiences, paying for the services that best meet their needs.
  • Gulf Air is one of a growing number of carriers using Sabre's technology.

Croatia Airlines and Sabre successfully achieve remote implementation of real-time revenue optimization solution

Retrieved on: 
Thursday, November 19, 2020
Travel technology, Articles, Travel, Revenue, Human activities, OpenTravel Alliance, Sabre Corporation, Revenue management, Sabre, Mathematical optimization, Airline

ZAGREB, Croatia and LONDON, Nov. 19, 2020 /PRNewswire/ -- Croatia Airlines and Sabre Corporation (NASDAQ: SABR), the software and technology company that powers the global travel industry, today announced the airline's successful technology migration to Sabre Revenue Optimizer, Sabre's leading revenue optimization solution.

Key Points: 
  • ZAGREB, Croatia and LONDON, Nov. 19, 2020 /PRNewswire/ -- Croatia Airlines and Sabre Corporation (NASDAQ: SABR), the software and technology company that powers the global travel industry, today announced the airline's successful technology migration to Sabre Revenue Optimizer, Sabre's leading revenue optimization solution.
  • Revenue Optimizer is a real-time revenue management solution that leverages intelligent decision support optimum pricing structures.
  • "The economic landscape is volatile and will probably remain so for the foreseeable future," said Kreimir Mlinar, Director Network & Revenue Management of Croatia Airlines.
  • So far, we provedSabre's Revenue Optimizer solution is an indispensable tool to realize every opportunity to maximize revenue.