January 27, 2015 8:20 AM ET

Hotels, Restaurants and Leisure

Company Overview of Sabre Travel Network

Company Overview

Sabre Travel Network provides technology solutions to the travel industry. The company operates Sabre global distribution system, a travel marketplace that connects travel buyers and sellers. Its travel marketplace offers travel agencies, travel management companies, and travel professionals with access to airlines, hotel properties, car rental brands, rail providers, and cruise lines; helps corporations to simplify complex travel sourcing; enables suppliers or brands to reach travel sellers; and provides customized solutions for government agencies and travel management companies serving the public sector to access proprietary government booking tools. Sabre Travel Network also equips third...

3150 Sabre Drive

Southlake, TX 76092

United States

Founded in 1960

Phone:

682-605-1000

Fax:

682-605-9044

Key Executives for Sabre Travel Network

Chief Executive Officer
President
Age: 47
Head of Solutions Consulting
Managing Director of Airline Distribution
Senior Vice President and General Manager of Asia Pacific
Compensation as of Fiscal Year 2014.

Sabre Travel Network Key Developments

Travel Network Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Travel Network reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported operating income of $165,597,000 and adjusted EBITDA of $197,971,000 against operating income of $162,071,000 and adjusted EBITDA of $188,237,000 for the same period a year ago. The company's revenue also increased, rising 1.3% to $462 million from $456 million for the same period of 2013. For the six months, the company reported operating income of $350,114,000 and adjusted EBITDA of $412,814,000 against operating income of $346,970,000 and adjusted EBITDA of $398,540,000 for the same period a year ago.

Sabre Travel Network Middle East Signs Agreement with Al Tayyar Group

Sabre Travel Network Middle East and Al Tayyar Group have recently signed an agreement. Al Tayyar Group will be, under the agreement, allowed to have direct access to Sabre's Global Distribution System and its vast portfolio of technology products and solutions.

Sabre Partners with TripAdvisor

Sabre has partnered with TripAdvisor to bring the most in-depth, up-to-date seat and in-flight amenity information to agents via a new Sabre Red App. The SeatGuru Red App will help agents make the best seat selection for their customers by allowing them to explore seat maps as well as specific seat information and reviews submitted by actual travelers. In addition, agents will have access to information on in-flight amenities including entertainment options, Wifi access, power and USB ports and meals.

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