12 December 2022, etc.venues Monument, London
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Sabre has reported strong growth in North America and EMEA for the first quarter of 2016.
The GDS firm focuses on two lines of business and reports results in those categories: Travel Network and Airline and Hospitality Solutions.
In North America Travel Network revenue increased by 23 per cent, while bookings rose 28 per cent compared to the same period in 2015.
Sabre said growth was driven by last year’s Abacus acquisition and bookings growth across much of the world, driving global market share up 1.7 points to 37.4 per cent
In the Airline and Hospitality Solutions business, revenue increased 16 per cent. 183 million passengers were boarded using the SabreSonic reservations system – a growth of 45 per cent year-over-year. The American Airlines migration in Q4 2015 and Air Seychelles SabreSonic migration in March 2016 contributed to this increase
Outside of North America, the company reported that Travel Network bookings increased 12 per cent, which Sabre claims is more than five times the overall GDS market growth in the region.
U.S.-based Sabre is headquartered in the greater Dallas-Fort Worth region of Texas, and processes more than US$120 billion of estimated travel spend annually, serving customers in more than 160 countries around the world. It has nearly 10,000 employees globally.
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