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The Latest Breaking News from Sabre

Sabre plans ‘large incremental multi-million dollar’ investment in India: Kurt Ekert

NEW DELHI: American travel tech giant Sabre Corporation president Kurt Ekert has planned an “incremental” multi-million dollar investment in India to tap the country’s vast potential in both its airlines and hotels. Sabre currently runs a tech centre at Bengaluru where it employs about 1,500 people. Since India’s post-Covid travel…

The Times of India

Direct Line issues profit warning as inflation drives up cost of claims

Direct Line issues profit warning as inflation drives up cost of claims

Insurer’s shares fall as higher used car prices, costlier parts and longer repair times weigh on business

The Guardian - UK

Amazon, Microsoft, Google Strengthen Grip on Cloud

Amazon, Microsoft, Google Strengthen Grip on Cloud

The pandemic period has been a boon for the trio of companies that dominate cloud computing. Now as the economy enters another tumultuous phase, Amazon.com Inc., Microsoft Corp. and Google appear poised to extend their strength.

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Benzinga's Top Ratings Upgrades, Downgrades For July 6, 2022

Sabre, Cathay Pacific Airways Extend Partnership On NDC Content

Sabre Corp (NASDAQ:SABR) has extended its partnership with Cathay Pacific Airways Ltd (OTC:CPCAF) for New Distribution Capability (NDC) content. The partnership will allow Saber-connected travel agencies to access dynamic New Distribution Capability (NDC) content from Cathay Pacific through the Sabre travel marketplace. The deal enables Cathay Pacific to create additional airline retailing opportunities. “NDC is…

The U.S. forced tech companies to spy on Russian hacker using legal loophole

The All Writs Act of 1789 allowed the government to receive weekly reports from at least two major tourist information databases.

Sabre Expands Partnership With This Brisbane-Cased Carrier

Sabre Corp (NASDAQ:SABR) has expanded its business agreement with Virgin Australia to deploy its Dynamic Availability solution to help the airline enhance its operations. Under the agreement, Virgin Australia will migrate to Sabre's Revenue Optimizer tool enabling a 360-approach to forecast, analyze, and optimize revenue streams. This new deal is another step in Virgin Australia's…

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Should You Buy Sabre Corp. on the Dip?

Should You Buy Sabre Corp. on the Dip?

The shares of travel-based tech company Sabre Corporation (SABR) have failed to gain momentum despite a rebound in travel activities globally. Also, the stock is down in price even after the company posted strong revenue growth in its last quarterly release. So, let's evaluate if it is worth betting on…

Sabre Unlocks New Opportunities For Hoteliers - Read How

Sabre Unlocks New Opportunities For Hoteliers - Read How

Sabre Corp (NASDAQ:SABR) has agreed to acquire Nuvola, a provider of hotel service optimization and guest engagement software to hoteliers, for an undisclosed sum. The transaction includes Nuvola technology and guest enablement software and the integration of Nuvola employees to Sabre. Nuvola equips hotels with cloud-based solutions, including task management capabilities, guest messaging…

Why Sabre Shares Are Trading Lower Today

Why Sabre Shares Are Trading Lower Today

Sabre Corp (NASDAQ:SABR) reported first-quarter FY22 revenue growth of 79% year-on-year to $584.9 million, beating the consensus of $536.4 million. Revenue growth was driven by higher global air, hotel, and other travel bookings reflecting continued recovery from the pandemic. Travel Solutions revenue rose 85% Y/Y to $534 million, and the corresponding operating income…

Recap: Sabre Q1 Earnings

Recap: Sabre Q1 Earnings

Sabre (NASDAQ:SABR) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:55 AM. Here's what investors need to know about the announcement.

How To Attend Sabre Q1 2022 Earnings Conference Call

How To Attend Sabre Q1 2022 Earnings Conference Call

Sabre (NASDAQ:SABR) will host a conference call at 09:00 AM ET on May 3, 2022, to discuss Q1 2022 earnings results. How to Attend Sabre (SABR) Conference Call Follow this link to access the live webcast.

Bear Luxe Japan Inks New Deal With Sabre To Increase Geographic Reach

Bear Luxe Japan Inks New Deal With Sabre To Increase Geographic Reach

Sabre Corp (NASDAQ:SABR) has signed an agreement with Japan-specific luxury travel platform and business-to-business membership portal Bear Luxe Japan. Bear Luxe will use Sabre's services to better connect its hoteliers to global markets. The partnership will cement Sabre's footprint in Japan and open up further access for Bear Luxe member hoteliers consisting of independent…

Sabre Partners With eRoam Travel Technology

Sabre Partners With eRoam Travel Technology

Sabre Corp (NASDAQ:SABR) has partnered with Business to Business leisure sales platform eRoam Travel Technology to provide leisure segment solution. Through the partnership, eRoam will expand Sabre's partner ecosystem by providing an AI-enabled leisure travel platform to Sabre's network. The platform enables agencies to create tailor-made packages quickly and efficiently and also identify…

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Here's How Analysts View Sabre Post Q4

Analysts raised their price targets on Sabre Corp (NASDAQ:SABR) post Q4 beat. Mizuho analyst Matthew Broome raised the price target to $11 from $10 (6% downside) and reiterated a Neutral. The analyst says the company is making incremental progress despite the omicron setback. Morgan Stanley analyst Josh Baer maintained Sabre with an Equal-Weight and raised the…

Why Are Sabre Shares Soaring Today

Sabre Corp (NASDAQ:SABR) reported fourth-quarter FY21 revenue growth of 60% year-on-year to $501 million, beating the consensus of $497 million. Due to continued recovery from the pandemic, higher global air, hotel, and other travel bookings drove the increase. Travel Solutions revenue rose 63% Y/Y to $450.9 million. The operating loss improved 91% Y/Y…

Sabre: Q4 Earnings Insights

Sabre (NASDAQ:SABR) reported its Q4 earnings results on Tuesday, February 15, 2022 at 07:55 AM. Here's what investors need to know about the announcement.

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