Latest news with #SabreHospitality
Skift
08-07-2025
- Business
- Skift
TPG Completes Acquisition of Sabre Hospitality Solutions, Gets Investment From Hotel Operator
Key Points TPG has completed its $1.1 billion acquisition of Sabre Hospitality, rebranding it as Hospitality Solutions. Hotel operator MCR has joined as a strategic minority investor, with its CEO Tyler Morse becoming vice chairman of the new board. Teresa Mackintosh, former CEO of Trintech, is the new CEO of Hospitality Solutions, replacing Scott Wilson. Summary TPG has finalized its $1.1 billion purchase of Sabre Hospitality, rebranding the company as Hospitality Solutions and bringing in hotel operator MCR as a strategic minority investor. MCR's CEO, Tyler Morse, will serve as vice chairman of the board, while Teresa Mackintosh, formerly of Trintech, takes over as CEO. The acquisition allows Sabre to concentrate on its core airline and travel agency businesses while positioning Hospitality Solutions for growth amid a broader digital transformation in hospitality.
Yahoo
24-06-2025
- Business
- Yahoo
Sabre Enhances SynXis Concierge.AI with Advanced AI for Hotel Bookings
Sabre Corporation (NASDAQ:SABR) is one of the best small cap tech stocks with biggest upside potential. On June 16, Sabre Hospitality announced advancements to its SynXis which integrates advanced AI capabilities into the SynXis Booking Engine. The enhancement aims to improve the guest experience while driving conversions through immediate, intelligent responses across various communication channels, such as hotel websites, emails, social media platforms, and voice interactions. The SynXis operates from a unified inbox and offers powerful insights that help boost conversions, increase website engagement, and streamline hotel operations. Early adopter testing of the new SynXis functionality within the SynXis Booking Engine began in June, with self-service capabilities via the Community Portal becoming available to customers in July. Hotels can configure the solution at the chain, brand, or individual property level to ensure consistency and control. An international traveler consulting the company's app on their smartphone, illustrating their successful online marketplace. The updated SynXis offers several key features, such as the 'Booking Agent,' which is an AI-powered chatbot embedded directly into the SynXis Booking Engine. The chatbot can communicate in 50+ languages and delivers personalized responses, which can reduce booking abandonment rates and secure direct bookings that might otherwise be lost to online travel agencies (OTAs). Sabre Corporation (NASDAQ:SABR) is a software and technology company for the travel industry internationally. It operates in two segments: Travel Solutions and Hospitality Solutions. While we acknowledge the potential of SABR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
14-05-2025
- Business
- Associated Press
Hospitality Plus renews Sabre Hospitality suite of products to further innovation, increase revenue and expand distribution globally
SOUTHLAKE, Texas, May 14, 2025 /PRNewswire/ -- Sabre Hospitality and global distribution partner Hospitality Plus today announced the multi-year renewal of their strategic partnership. The renewed collaboration will continue to include SynXis Booking Engine, SynXis Retailing, Gift Cards & Vouchers, GDS Distribution, OTA distribution, and Digital Marketing. Existing new hotel partners connected to Hospitality Plus services will also stand to benefit from the SynXis Platform's distribution and retailing solutions. Hospitality Plus is a global partner that specializes in the Indian Ocean region serving over 60 percent of accommodation providers – including Mauritius, the Maldives, Seychelles, Madagascar, and French-speaking Africa – with the aim of improving profitability for its hotelier customers. 'We are pleased with Sabre Hospitality's commitment to innovation at a time when speed, agility, turnkey solutions and improved revenue streams matter more than ever before in an ever-evolving travel ecosystem,' said Philip Taylor, owner of of Hospitality Plus. 'The SynXis suite of products are paramount to our improved bookings, increased revenue streams, and excellence in customer satisfaction.' 'Hospitality Plus signing a multi-year renewal speaks volumes about the positive results Sabre Hospitality technology and its expert teams brings to the table,' said Frank Trampert, Senior Vice President, Global Managing Director at Sabre Hospitality. 'As a Global Partner in the Indian Ocean region for many years, Hospitality Plus offers its customers premium customer reservation systems and retailing solutions within a leading network of distributors.' As part of Sabre Hospitality's Global Partners network, Hospitality Plus extends Sabre's presence to help hotel properties optimize revenue and expand partner hotels while leveraging the most advanced technology solutions driven by the SynXis platform. About Sabre Corporation Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre harnesses speed, scale, and insights to build tomorrow's technology today – empowering airlines, hoteliers, agencies, and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, with employees across the world, Sabre serves customers in more than 160 countries globally. For more information visit About Hospitality Plus Hospitality Plus is engaged in providing a menu of digital solutions to the hospitality industry with the aim of sustainably improving the hotel profitability. Our services include reservations & distribution solutions, revenue management outsourced service, CRM & e-marketing tools, re-marketing & re-engagement solutions to improve website performances, revenue management & marketing intelligence tools, online reputation management solutions, hotel applications and websites. SABR-F Media Contacts: Cassidy Smith-Broyles [email protected] Chandra Moyse [email protected] Investors Brian Evans [email protected] View original content to download multimedia: SOURCE Sabre Hospitality Solutions
Skift
12-05-2025
- Business
- Skift
After Sabre's $1.1 Billion Hotel Tech Sale: CEO Explains What's Next
The sale further shrinks Sabre compared to its larger competitor, Amadeus. But it will benefit from less debt and more focus on its distribution business. Sabre will be slimmed down and more focused after the sale of its hotel tech unit to TPG for $1.1 billion. About 1,000 employees are moving along with it, Sabre CEO Kurt Ekert told Skift. That business 'will largely move intact,' he said. That includes Scott Wilson, president of Sabre Hospitality, and the other executives, and brings Sabre's workforce to about 5,500. Ekert had put a lot of effort into building the hotel tech unit since he started as CEO in 2023. But Sabre had over $5 billion in debt, and reducing that level has been one of Ekert's top goals. Most of the sale proceeds – about $960 million after taxes and fees – will go toward debt reduction. 'On one hand, this business has tremend
Trade Arabia
27-04-2025
- Business
- Trade Arabia
Sabre sets pace for travel innovation at ATM 2025
Sabre, a global travel technology company, will be presenting at Arabian Travel Market (ATM) 2025, showcasing its commitment to transforming the future of travel through intelligent retailing, hyper-personalisation, AI-driven innovation, and sustainable practices. The company will participate in five high-impact panel sessions, showcasing how its technologies are redefining the travel and hospitality landscape. As a sponsor of ATM Future Stage, Sabre continues to lead the industry dialogue on the transformation of travel retailing, operational efficiency, and the smarter adoption of emerging technologies across airlines, hotels, and travel sellers. 'ATM is a key platform for Sabre to share our vision for a smarter, more connected travel ecosystem,' said Ramzi Al Qassab, Managing Director, Sabre Travel Network Middle East. 'From AI and automation to personalised offers and seamless servicing, our focus is on helping travel businesses in the region grow stronger, more agile, and be future-ready.' One of the featured sessions is "Turning Fragmentation into Opportunity for Smarter Retailing," where senior leaders from Saudia, Jumeirah, and Almatar will discuss how collaboration and innovation can turn complexity into opportunity, delivering seamless and connected travel experiences. 'Today's guests are no longer just booking rooms—they're booking experiences,' said Frank Trampert, Global Managing Director, Community Sales, Sabre Hospitality. 'At Sabre Hospitality, we're empowering hoteliers to rethink how they retail, personalise, and engage with travelers across the journey.' Another session is "Selling More Than Just a Room: The Impact of Experience on Hoteliers in the Middle East," where Frank Trampert and Ramzi Al Qassab will explore how intelligent retailing is enabling hoteliers to curate personalised, value-added experiences, enhancing guest satisfaction and opening new revenue generation avenues. Amy Read, Vice President of Innovation at Sabre Hospitality, will speak on "Human-Centric Technologies Changing the Face of Travel Tech," discussing Sabre's SynXis an intelligent automation tool that delivers real-time, personalised guest support while maintaining the essential human touch in hospitality.
