Sabre hopes to achieve double-digit growth in distribution bookings and central reservation system transactions in 2025, the company said as it reported fourth quarter and full-year results for 2024.
The company posted revenue of $715 million for Q4 up from $687 million in Q4 2023. Revenue for the full year was $3 billion versus $2.9 billion in 2023.
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Operating income hit $57 million for the quarter and $286 million for the full year. Net loss was $75 million in Q4 compared to $96 million year over year. Full year net loss of $279 million for the full year was an improvement on 2023’s figure of $542 million.
Adjusted EBITDA for the quarter was $115 million up from $96 million year over year. Full-year EBITDA was $517 million, up from $337 million in 2023.
The company attributed gains to factors including growth in air and hotel bookings,…
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