From Yahoo Finance: 2025-04-28 10:22:00

TPG’s private equity arm to acquire Sabre’s hospitality solutions business for $1.1 billion in cash, allowing Sabre to focus on its core airline IT and travel marketplace platforms. Sabre expects to receive about $960 million in net proceeds for debt reduction. The division provides software and solutions to dozens of hotel brands with 5 million hotel rooms. Sabre’s recovery has been slow due to the pandemic’s impact on business travel. The sale will help Sabre focus on its core business of providing global distribution and passenger system services to airlines. The deal is expected to close by September, pending regulatory approval.



Read more at Yahoo Finance: Sabre to Sell Hotel Reservations Platform for $1.1 Billion