Sabre Corp Stock Price, News & Analysis

Delta Air Lines and Sabre have signed a global distribution agreement aimed at transforming their partnership and enhancing value for the travel ecosystem. This multi-year agreement introduces a new model that focuses on modern retailing, providing improved access to Delta's offerings for Sabre-connected travel buyers. Delta's omni-channel strategy emphasizes customer-centric services, while Sabre's New Airline Storefront will streamline travelers' shopping experiences. Both companies anticipate substantial improvements in booking processes and traveler satisfaction.

Sabre Corporation (NASDAQ: SABR) has declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. This dividend will be paid on June 1, 2021, to shareholders on record by the close of business on May 15, 2021. As a key player in the global travel industry, Sabre provides essential technology solutions that manage over $260 billion in travel spend annually, serving more than 160 countries.

Sabre Corporation (NASDAQ: SABR) announced plans for a live webcast of its 2021 Annual Meeting of Stockholders on April 28, 2021, at 10:30 a.m. ET, accessible via its Investor Relations website. Additionally, a first-quarter earnings conference call is set for May 4, 2021, at 9:00 a.m. ET, where management will discuss financial results and the impact of COVID-19. Both sessions will be available for replay for 90 days. Sabre serves the global travel industry, managing over $260B in travel spend annually.

Sabre Corporation (NASDAQ: SABR) announced that JetBlue Airways has successfully migrated to its Revenue Optimizer solution. This technology upgrade comes at a time when COVID-19 has significantly altered travel demand, making traditional data less reliable. The Revenue Optimizer offers real-time market insights, aiding JetBlue's revenue management. With advanced decision support and demand forecasting, this scalable cloud solution positions JetBlue to enhance pricing strategies and revenue potential, aligning with Sabre's goal of personalized travel by 2025.

Kanoo Travel has renewed its 25-year partnership with Sabre Corporation (NASDAQ: SABR) through a new multi-year agreement. This collaboration aims to enhance Kanoo's operations and customer experience using Sabre's advanced technology, including the integration of Kanoo Krystal with Sabre Red 360. This partnership is expected to generate additional revenue opportunities and prepare Kanoo for increased travel demand post-COVID-19. Additionally, Kanoo Travel will implement Sabre Virtual Payments, providing improved control over transactions.

Sabre (NASDAQ: SABR) has launched a new airline storefront, an innovative capability for travel retailers to streamline the airline shopping experience. Available through Sabre's shopping APIs, this feature allows for effective comparison of complex airline offers. It supports airlines by presenting diverse product options and enhances travelers' decision-making. Initial pilot results show improved upsell opportunities, signaling a significant step toward a personalized travel marketplace. Sabre continues to provide solutions that enhance efficiency and revenue for travel companies.

On March 17, 2021, Sabre Corporation (NASDAQ: SABR) announced significant advancements in its New Distribution Capability (NDC) solutions. Key highlights include:

• NDC content is now bookable through GetThere, Sabre's corporate booking tool.
• Sabre achieved NDC Level 4 certification from IATA, enhancing its offer and order management capabilities.
• Expanded availability of Singapore Airlines’ NDC offers through Sabre's global distribution system (GDS) to qualified agencies.

These developments are designed to improve personalized travel experiences and operational efficiency for airlines and travel agencies.

Sabre Corporation (NASDAQ: SABR) announced the nomination of Phyllis Newhouse and Wendi Sturgis as independent directors for election at its 2021 Annual Meeting on April 28, 2021. Both nominees bring extensive technology and cybersecurity expertise, expected to enhance the board's strategic direction. This follows the retirement of four board members, showcasing a proactive approach to board composition. Sabre aims to maximize shareholder value by incorporating diverse skills and perspectives to navigate future challenges in the travel technology sector.