Sabre Holdings

Sabre Holdings Corporation
Type Private
Industry Travel technology
Travel services
Founded 1960 (1960)
Headquarters Southlake, Texas, USA
Key people Michael S. (Sam) Gilliland, Chairman, President & CEO
Jeffery M. Jackson, Exec. VP
Mark K. Miller, CFO
Products Travelocity
GetThere
IgoUgo
lastminute.com
Sabre Airline Solutions
Sabre Travel Network
TRAMS, Inc.
Revenue US$2.9 billion (2008)[1]
Owner(s) Silver Lake Partners
TPG Capital
Employees 9,000 (2008)[2]
Website www.sabre-holdings.com

Sabre Holdings or Sabre, Inc. (TSG) is an American privately held travel technology company, encompassing several brands in three global distribution system channels: travel agency, airline, and direct to consumer. These areas are serviced by TSG's three main business groups. Divisions within each of these groups also service the business or corporate travel market.

Contents

Brands

Other key Sabre Holdings brands include the following:

History

Sabre Holdings grew out of American Airlines and spun off with an IPO on March 15, 2000. It now employs approximately 9,000 people worldwide.[2] It is headquartered in Southlake, Texas.

On December 12, 2006, private-equity firms TPG Capital and Silver Lake Partners announced a deal to buy Sabre Holdings Corp. for about $4.5 billion in cash, plus the assumption of $550 million in debt. Sabre joined its three primary GDS competitors, Galileo, Amadeus, and Worldspan, as being privately owned.

On June 6, 2007, Sabre Holdings acquired Bethesda-based E-site Marketing, which specializes in online business applications for the hospitality industry.

On September 28, 2010, Sabre Holdings acquired Austrian Flight planning company f:wz aviation software GmbH.[5]

References

External links