SabreNASDAQ: SABR

Why Sabre Stock Lost Altitude on Tuesday

After a successful pilot phase leading to sales growth for launch partner Internova Travel Group, Sabre Red Launchpad  is now being rolled out for new and independent travel agents SOUTHLAKE, Texas , Nov. 13, 2024 /PRNewswire/ --  Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, is launching Sabre Red Launchpad™  to simplify booking travel. Building on promising results from its pilot phase, the professional grade, user-friendly interface provides agents with easy access to AI-powered capabilities and multi-source content, without the need for deep Global Distribution System expertise.

Collaboration brings SynXis® platform and global GDS/IDS connectivity and alternative distribution channels for up to 1,200 independent hotels and resorts globally with a focus on driving growth in the United Arab Emirates, Turkey, Qatar, and Saudi Arabia SOUTHLAKE, Texas and ISTANBUL , Nov. 7, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new partnership with BookLogic, a leading hotel & travel technology platform known for increasing accommodation revenues and profitability. This collaboration, which marks a significant step in expanding the global distribution and retailing capabilities of both companies, focuses on driving growth in the Middle East and Africa (MEA) regions, with particular emphasis on United Arab Emirates (UAE) and Turkey as well as Qatar and Saudi Arabia.

SABR's third-quarter 2024 results reflect gains from the improvement in global air, hotel and other travel bookings.

Sabre (SABR) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.06 per share a year ago.

SOUTHLAKE, Texas , Oct. 31, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2024. Sabre has posted its third quarter 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results.

SOUTHLAKE, Texas and LISBON, Portugal , Oct. 30, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider in travel, and TAP Air Portugal, the main Portuguese airline, today announced an expanded distribution agreement. Sabre-connected travel agents can immediately start placing activation requests for NDC offers.

Ongoing collaboration will support joint strategic development, investment and commercial plans Upon closing, Serko will acquire GetThere, Sabre's corporate online booking tool SOUTHLAKE, Texas and AUCKLAND, New Zealand , Oct. 28, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) ("Sabre"), a leading software and technology company powering the travel industry, and Serko Limited (NZX & ASX: SKO) ("Serko"), a leading online travel technology company, announced today that they have entered into a definitive agreement, pursuant to which Serko will acquire GetThere L.P. ("GetThere"), Sabre's powerful business travel management solution.

World Travel's commitment to superior customer service bolstered with Sabre's robust NDC infrastructure within a multi-source content platform  SOUTHLAKE, Texas , Oct. 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year distribution agreement with World Travel, Inc., one of the top 10 largest Travel Management Companies (TMC) in the United States. The new agreement will allow thousands of World Travel agents to access the robust travel content available via Sabre's travel marketplace including NDC offers that are easy to shop, compare, book, and service alongside traditional EDIFACT content.