Sabre Corp (NASDAQ:SABR)
North American company
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Market Info - SABR
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Company Info - SABR
- Market Cap$3.971bn
- SymbolNASDAQ:SABR
- IndustryTechnology
- SectorInformation Technology Services
- Currency
- ISINUS78573M1045
Company Profile
Sabre holds the number-two share of global distribution system air bookings (38.8% as of the end of 2019 versus 37.1% in 2018). The global distribution system segment represented 73% of total 2019 revenue. The company also has a growing IT solutions division (27% of revenue) that focuses on the airline, hospitality, and travel agent end markets. Transaction fees, which are tied to volume and not price, account for the bulk of revenue and profits.Sabre Corp is a travel technology company. It primarily engages in the air global distribution system market. The company also has an IT solutions division that focuses on the airline and travel agent end markets.
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