Sabre Rides on Growing Clientele & Strong Product Portfolio
Summary
Sabre has beaten the Zacks Consensus Estimate in each of the trailing four quarters, the average positive surprise being 11.57%.Increase in global bookings, new business wins and conversions are driving its Travel Network segment.Apart from growing number of key clients, Sabre is gaining from its continued product launches.Recently, the company unveiled the Sabre Commercial Platform with Aeroflot, Etihad and Ethiopian Airlines as initial launch partners.Moreover, Sabre generates part of its revenues from the Software-as-a-Service (SaaS)-based offerings of its Airline and Hospitality Solutions.
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industries
Hospitality
applications
Transportation, Logistics & Inventory
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