Sabre Corp Stock Price, News & Analysis

Berg-Hansen, the largest travel management company in the Nordics, has signed a multi-year agreement with Sabre Corporation (NASDAQ: SABR) to enhance its technology capabilities. The partnership aims to improve customer experiences through advanced shopping options and revenue growth by utilizing Sabre's technology, including Native APIs. This collaboration is part of Berg-Hansen's strategy to invest in technology for future growth, as highlighted by CEO Per Arne Villadsen. Sabre is focused on creating a new marketplace for personalized travel using AI and machine learning.

On March 1, 2021, Kiwi.com and Sabre Corporation announced a strategic partnership aimed at expanding Kiwi.com’s market reach and enhancing customer experiences. Kiwi.com, an innovative online travel agency, will leverage Sabre's global distribution system to access unique content and competitive pricing, facilitating its growth in the travel industry. This collaboration aims to provide an integrated travel experience through advanced technology, including AI and machine learning. Both companies share a vision of personalized travel, setting the stage for recovery in the travel sector post-pandemic.

Radixx, a Sabre company, has signed a multi-year technology agreement with Air Moldova. The partnership will enhance Air Moldova's capabilities through Radixx' merchandising, distribution, and cloud-hosted passenger service systems, aiming to increase revenue and improve customer experience. Key implementations include Radixx ezyCommerce for better retailing and Radixx Go for streamlined airport operations. This collaboration is part of Air Moldova's post-COVID-19 recovery strategy, expected to yield significant savings in technology operating expenses.

Sabre Corporation (NASDAQ: SABR) announced a strategic long-term technology partnership with Louvre Hotels Group, Europe's second-largest hotel group, on February 16, 2021. This collaboration aims to enhance Louvre's operational efficiency and global distribution through Sabre's SynXis Central Reservations, connecting to nearly 900,000 travel agents and 700 online channels. The partnership will support Louvre's expansion plans while providing advanced technology solutions. Sabre's hospitality solutions aim to boost operational performance and guest engagement in an evolving travel landscape.

Sabre Corporation (NASDAQ: SABR) announced its fourth quarter and full-year 2020 financial results on February 16, 2021. The earnings release and related materials are available on its Investor Relations webpage. A live webcast discussing the results and the impact of COVID-19 will occur at 9:00 a.m. ET today. Sabre is a leading technology provider in the global travel industry, facilitating over $260 billion in annual travel spend across more than 160 countries.

Sabre Corporation (NASDAQ: SABR) declared a $1.625 dividend per share on its 6.50% Series A Mandatory Convertible Preferred Stock. The dividend will be paid to eligible shareholders on March 1, 2021, with a record date of February 15, 2021. Sabre operates within the global travel industry, providing software solutions to airlines, hotels, and travel agencies. Its technology platform manages over $260 billion in global travel spend annually, servicing customers in more than 160 countries.

Sabre Corporation (NASDAQ: SABR) will host a live webcast of its fourth quarter and full year 2020 earnings call on February 16, 2021, at 9:00 a.m. ET. The call will cover financial results and the impact of COVID-19 on the business. A replay will be available post-event for 90 days. Known for powering the global travel industry, Sabre manages over $260 billion in travel spend annually, serving clients across more than 160 countries. Investors can access the webcast at investors.sabre.com.

Sabre Corporation (NASDAQ: SABR) has announced an expanded partnership with WestJet Airlines, renewing their SabreSonic passenger service system agreement. This multi-year deal includes the adoption of Sabre's Dynamic Availability, Digital Connect, and Intelligence Exchange solutions, aimed at enhancing WestJet's operational efficiency and flexibility. The collaboration is expected to help WestJet adapt to changing market conditions, drive revenue growth, and improve customer insights. Sabre's AI-driven technology, including the new Smart Retail Engine, will further bolster their capabilities in personalized travel solutions.

Sabre Corporation (NASDAQ: SABR) has renewed its strategic partnership with Preferred Hotels & Resorts, ensuring access to Sabre's hospitality solutions for over 750 hotels globally. This long-term agreement aims to enhance the I Prefer Hotel Rewards program and improve distribution of Preferred Residences. Key offerings will include Sabre's SynXis Central Reservations and Booking Engine, which will help hoteliers manage reservations effectively and increase booking conversions. This partnership reflects the confidence Preferred Hotels has in Sabre's technology amidst the travel industry's recovery.