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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, 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 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 ...
Photo Credit: A king bedroom at the Hyatt Regency Irvine. Hyatt is deploying Sabre's Synxis central reservations system in many of its properties in 2024. Hyatt If Sabre sells its hospitality unit ...
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.
At Routes Americas 2024 in Bogota, representatives from Texas-based software and technology company Sabre spoke to Routes about how changes in route development have led to the need for more ...
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 ...