Sabre buys hotel technology provider Genares
First major post-IPO activity for Sabre as it joins its rivals in targeting growth in the sector hospitality by buying tech platform Genares.
Terms of the acquisition were not disclosed.
Genares provides a central reservation system, revenue management tools and marketing systems to around 2,300 independent and hotel chains around the world.
The business and staff will immediately become part of Sabre’s Hospitality Solutions division, a statement says.