Sabre Holdings
| Type | Private |
|---|---|
| Industry | Travel technology Travel services |
| Founded | 1960 |
| Headquarters | Southlake, Texas, USA |
| Key people | Michael S. (Sam) Gilliland, Chairman, President & CEO Jeffery M. Jackson, Exec. VP Mark K. Miller, CFO |
| Products | Travelocity GetThere IgoUgo lastminute.com Sabre Airline Solutions Sabre Travel Network TRAMS, Inc. |
| Revenue | US$2.9 billion (2008)[1] |
| Owner(s) | Silver Lake Partners TPG Capital |
| Employees | 9,000 (2008)[2] |
| Website | www.sabre-holdings.com |
Sabre Holdings or Sabre, Inc. (TSG) is an American privately held travel technology company, encompassing several brands in three global distribution system channels: travel agency, airline, and direct to consumer. These areas are serviced by TSG's three main business groups. Divisions within each of these groups also service the business or corporate travel market.
Contents |
[edit] Brands
- Sabre Travel Network (STN) makes use of the Sabre reservations system to sell airline trips, hotel stays, car rentals, cruises, and tour packages through travel agencies.
- Sabre Airline Solutions (SAS) provides software and services to airlines and other travel providers.
- Travelocity (TVLY) is Sabre's own online agency, selling travel products direct to travellers.
- Sabre Hospitality Solutions"[3]
Other key Sabre Holdings brands include the following:
- Sabre Hotel RFP (formerly BidStork)[4]
- GetThere
- holiday autos
- IgoUgo
- MyZebra
- lastminute.com
- Nexion
- ShowTickets.com
- Site59
- SynXis
- Travelocity Business
- World Choice Travel
- TRAMS, Inc.
- TravelStudios
- cubeless
- BidStork
- VirtuallyThere
[edit] History
Sabre Holdings grew out of American Airlines and spun off with an IPO on March 15, 2000. It now employs approximately 9,000 people worldwide.[2] It is headquartered in Southlake, Texas.
On December 12, 2006, private-equity firms TPG Capital and Silver Lake Partners announced a deal to buy Sabre Holdings Corp. for about $4.5 billion in cash, plus the assumption of $550 million in debt. Sabre joined its three primary GDS competitors, Galileo, Amadeus, and Worldspan, as being privately owned.
On June 6, 2007, Sabre Holdings acquired Bethesda-based E-site Marketing, which specializes in online business applications for the hospitality industry.
On September 28, 2010, Sabre Holdings acquired Austrian Flight planning company f:wz aviation software GmbH.[5]
[edit] References
- ^ "TSG - Sabre Holdings 2008 Earnings Conference Call". Thomson StreetEvents. Thomson Financial. 5 March 2009. p. 4. http://www.sabre-holdings.com/investor/financial/pdfs/Sabre_Earnings_Call_Transcript.4Q08.pdf. Retrieved 11 October 2009.
- ^ a b "Sabre Holdings Company Overview". Hoover's. 2009. http://www.hoovers.com/sabre-holdings/--ID__52078--/free-co-factsheet.xhtml. Retrieved 11 October 2009.
- ^ http://sabrehospitality.com
- ^ http://sabrehotelrfp.com
- ^ Sabre Holdings acquires flight planning company f:wz
