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Sabre Corporation information


Sabre Corporation
Company typePublic
Traded as
  • Nasdaq: SABR
  • S&P 600 component
ISINUS78573M1045
IndustryTravel
Founded1960; 64 years ago (1960)
Headquarters
Southlake, Texas
,
United States
Key people
  • Karl Peterson (Executive chair)[1]
  • Sean Menke (CEO)
  • Kurt Ekert (President)
ProductsSabre Global Distribution System
RevenueIncrease US$2.908 billion (2023)
Operating income
Increase US$0.047 billion (2023)
Net income
Negative increase US$(0.528) billion (2023)
Total assetsDecrease US$4.672 billion (2023)
Total equityNegative increase US$(1.376) billion (2023)
Number of employees
Decrease 6,232 (2023)
Websitesabre.com
Footnotes / references
Financials as of December 31, 2023.
References:[2]

Sabre Corporation, a travel technology company headquartered in Southlake, Texas, is the largest global distribution systems (GDS) provider for air bookings. The company's primary product, the Sabre Global Distribution System, and others like it, act as neutral intermediaries, connecting travel suppliers like airlines and hotels with travel sellers like agencies. They offer real-time availability and pricing, making them important for corporate travel management.

Founded by American Airlines in 1960, Sabre was spun off and became an independent company in 2000. In 2007, Texas Pacific Group and Silver Lake Partners acquired Sabre Holdings, the company's former name. Sabre then went public on the NASDAQ stock exchange in 2014.

Sabre's primary competitors are Amadeus IT Group, which operates the Amadeus CRS and Travelport, which operates the Galileo GDS.

  1. ^ Driskill, Matt (15 January 2020). "Sabre Corporation names new chairman | Asian Aviation | Magazine". Asian Aviation. Retrieved 1 July 2020.
  2. ^ "Annual report Form 10-K 2023 Sabre Corporation". 15 February 2024. Retrieved 2 May 2024.

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