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Search results for “Sabre”
Private equity firm Accel-KKR’s latest fix: hotel enterprise software
09/03/2019
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6:38:01 PM
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Combining many services might lead to significant profits years from now when Accel-KKR cashes out. It may want to sell a rollup to a platform giant like Amadeus, Oracle, and Sabre.
Sabre revenue rises 7.3% to $900.6 million in Q3 2017
10/31/2017
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10:38:17 PM
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Sabre reiterated its full-year guidance in the third-quarter report of 2017. Revenue increased 7.3% to $900.6 million in the quarter.
Sabre develops new platform for broader display of hospitality offerings
09/30/2017
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3:57:38 PM
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The platform's content will draw from Sabre GDS, non-GDS, non-traditional sources and alternative accommodations providers. It looks to provide an environment for true comparison shopping.
Still in stealth mode, Duffel raises $21.5M in Series A from Benchmark
06/20/2019
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3:32:31 PM
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Duffel will launch a B2B offering, allowing individual travel agents at large online travel companies and tour operators to offer a “seamless travel experience” to their end customers.
Travelport finally goes private this week in $4.4 billion deal
05/30/2019
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4:01:51 PM
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Analysts believe that Travelport should maintain their higher leverage relative to peers to allow them to continue investment behind their platform to maintain share.
Sabre cutting 900 jobs
08/02/2017
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4:22:48 PM
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Sabre is to cut around 900 of its 10,000 workforce, including certain open positions. The company reported net loss attributable to common stockholders of USD 6.5 million in the second quarter of 2017.
Sabre revenue rises 6.6% to $900.7 million in Q2 2017
08/01/2017
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8:38:00 PM
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Sabre reiterated its full-year 2017 guidance in the second-quarter report of 2017. Revenue rose 6.6% to USD 900.7 million in the quarter.
TravelSky’s monopoly in China helps boost annual revenues
04/02/2019
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11:33:36 AM
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Like its foreign counterparts, TravelSky has become more profitable on average than the airlines it serves.
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