Sabre Corporation’s (SABR – Free Report) shares rallied 6% on Wednesday after its latest update on key performance metrics reflected the accelerating recovery in bookings from the mayhem of the pandemic.
In a filing with the Securities and Exchange Commission (“SEC”), Sabre disclosed that gross bookings in August 2022 recovered to approximately 55% of the pre-pandemic level in August 2019.
The company reported an approximately 56% improvement in…