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Sabre is set to sell its hospitality solutions business to alternative asset management firm TPG for $1.1 billion in cash. TPG will invest in Hospitality Solutions, which provides software and ...
Sabre Corp. (NASDAQ:SABR) is a travel technology company which operates a global distribution system ("GDS"). The GDS markets and distributes tickets primarily for transportation companies such as ...
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for $1.1 billion to TPG, as it looks to address its debt pile and refocus ...
The private equity arm of TPG will acquire Sabre's hospitality solutions business for $1.1 billion in cash, the companies said Monday. "This divestiture positions Sabre to focus on our core ...
April 28 (Reuters) - Sabre Corp (SABR.O), opens new tab said on Monday it will sell its hospitality software platform to asset manager TPG (TPG.O), opens new tab for $1.1 billion and use the cash ...
Sabre will use approximately $960 million in net proceeds from the sale to reduce debt and strengthen its capital structure. TPG plans to grow Hospitality Solutions as a standalone platform ...
MUSCAT, Sultanate of Oman and SOUTHLAKE, Texas, June 2, 2025 /PRNewswire/ -- Sabre Corporation, a leading global travel technology company, announced a new agreement with SalamAir, Oman's leading ...
Despite near-term reduced consumer saving rates and long-term corporate travel demand uncertainty, we expect Sabre to maintain its position in global distribution systems over the next 10 years.
Sabre's sale of its hotel reservations tech should help the travel tech company focus on its core airline business. It's notable that a PE firm rather than a rival player, such as Oracle or Cendyn ...