Significant Margin Expansion and EBITDA Growth
Sabre Corporation achieved a 53% year-on-year increase in adjusted EBITDA, totaling $517 million for the year, surpassing initial guidance of greater than $500 million. The company also expanded its margin by 550 basis points.
Strong Revenue Growth in Hospitality Solutions
Hospitality Solutions reached an all-time high in total revenue, driven by increased CRS transactions and new customer deployments. This resulted in a $25 million increase in adjusted EBITDA for the segment.
Successful Technology Transformation
Sabre Corporation completed its technology transformation with over 99% of compute capacity migrated to the cloud, achieving more than $150 million in cost benefits compared to 2019 and 2023.
Double-Digit Growth in Hotel and Air Distribution Bookings
The company saw double-digit year-on-year growth in hotel distribution bookings and an increase in air distribution bookings, indicating strong commercial progress.
Strong Financial Guidance for 2025
For 2025, Sabre Corporation expects high single-digit year-on-year revenue growth, adjusted EBITDA of greater than $700 million, and free cash flow of greater than $200 million.