Type | Private |
---|---|
Industry | Travel technology Travel services |
Founded | 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.
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Other key Sabre Holdings brands include the following:
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]