Sabre Corp ( (SABR) ) has released its Q4 earnings. Here is a breakdown of the information Sabre Corp presented to its investors.
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Sabre Corporation is a leading technology company operating in the travel industry, providing solutions for airlines, hoteliers, and travel agencies worldwide. Headquartered in Southlake, Texas, Sabre leverages technology to empower travel businesses across over 160 countries.
Sabre Corporation reported significant financial improvements for the year 2024, meeting its revenue and Adjusted EBITDA targets. The company launched SabreMosaic, a new platform, and secured partnerships with Virgin Australia and Riyadh Air, setting a strong foundation for future growth.
Key financial highlights include a 4% increase in total revenue to $3.03 billion and a notable improvement in operating income to $286 million. Despite a net loss of $279 million for the year, this represents an improvement from the previous year. Adjusted EBITDA rose to $517 million, driven by revenue growth and cost savings from cloud migrations. Sabre also successfully refinanced $1.9 billion in debt, enhancing its financial stability.
In 2024, Sabre’s Travel Solutions division saw a 4% revenue increase, largely due to higher bookings and favorable supplier mix rates. The Hospitality Solutions segment also performed well, with an 8% rise in revenue and improvements in central reservation system transactions. These results underscore Sabre’s strategic focus on expanding its travel commerce platform.
Looking forward, Sabre Corporation anticipates continued growth in 2025, with expectations of double-digit increases in distribution bookings and CRS transactions. The company remains committed to leveraging its technology and partnerships to drive long-term value for stakeholders.
