Sabre said last month that it plans to sell its business-travel booking tool, GetThere. And in September, we reported that the company is trying for a second time to sell its hospitality arm.
But for now, Sabre CEO Kurt Ekert says he’s focused on the growth of all the company’s divisions, particularly the two IT businesses for airlines and hotels.
Sabre’s core business is its global distribution system (the intermediary between airlines and travel agents), which makes up around 70% of revenue.
Ekert, who spoke Wednesday at the Phocuswright conference in Phoenix, did not comment on the potential sale of Sabre Hospitality, whose flagship product helps hotels manage pricing and reservations.
“That business next year, based on what we’ve talked about publicly, will be $100 million better on an EBITDA basis than it was just in 2022. So over a three-year period, a massive turnaround in transformation of…
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