Sabre Corporation (SABR) provides technology solutions to the travel and tourism industry worldwide.
It operates in two segments: Travel Network, and Airline and Hospitality Solutions.
The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators, with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments.
The Airline Hospitality Solutions segment offers a portfolio of software technology products and solutions through software-as-a-service and hosted delivery models to airlines, hotel properties, and other travel suppliers. It offers software solutions related to managing sales and customer service across an airlines diverse touch points; strategic airline commercial planning solutions; and strategic solutions for planning and management of airline, airport, and customer operations. This segments hospitality solutions comprise distribution through its SynXis central reservation system; property management through Sabre Property Management System; and marketing and consulting services related to distribution and marketing.
The company serves travel suppliers; a network of travel buyers; travelers and other sellers of travel and consumers of travel information; airlines, including hybrid carriers and low-cost carriers, global network carriers, and regional network carriers; and other customers, such as airports, corporate aviation fleets, governments, and tourism boards.
Shares are heading higher in an upward trading channel. Higher share prices are expected for this stock.
52-Weeks Trading Range: $14.86 - $29.06
Entry Point: $27.50
Stop Loss: $26.00
Target Price: $30.25
SABR closed at $28.60 after its 30 days expired!