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Articles tagged “sabre”

Online Travel

Travelocity Trying to Sell Underperforming Lastminute.com

Lastminute.com will remain the last man standing of what was once Travelocity -- but only until Sabre can find a buyer in a fire sale because keeping it makes no sense at this juncture.

Dennis Schaal, Skift | 11 years ago

Travelocity Trying to Sell Underperforming Lastminute.com

Online Travel

Orbitz Worldwide Gets New Agreements and Flexibility in Upcoming Battles

Orbitz Worldwide gets new flexibility in who it can be friends with in the future in a series of new contracts that go into effect in 2015. And, Orbtiz Worldwide's enhanced relationships with Amadeus and Sabre mean consumers may be able to access additional ancillary services such as premium seats.

Dennis Schaal, Skift | 11 years ago

SkiftX

Sabre Took Losses on Four out of Six Asset Sales in 2012 and 2013

Sabre has been an active acquirer over the years, but in 2013 it sold three businesses -- Travelocity Business, Holiday Autos and Zuji -- all at a loss. Sabre wanted to execute a successful IPO, and it had plenty of things to tidy up.

Dennis Schaal, Skift | 11 years ago

Airlines

American Airlines Antitrust Settlement Cost Sabre $222 Million

Neither American Airlines nor Sabre got exactly what they wanted in their protracted lawsuits, but Sabre was clearly the loser. American didn't obtain an edict that the global distribution industry is an anticompetitive monopoly, but it forced Sabre to cease its hostile acts and picked up a $200 million settlement in the bargain.

Dennis Schaal, Skift | 11 years ago

Online Travel

Expedia Is Now Selling Travelocity’s Hotels Under 8-Year Agreement

Now that the Expedia-Travelocity agreement's implementation has begun, we can expect to hear about some of the financial benefits to Expedia during its upcoming Q4 earnings call. The agreement is being phased in, and the rollout is taking place somewhat faster than expected.

Dennis Schaal, Skift | 11 years ago

Expedia Is Now Selling Travelocity’s Hotels Under 8-Year Agreement

Online Travel

Sabre Files For IPO, Reveals Years of Financial Losses

A Sabre IPO has been long anticipated as it has shed assets, off-loaded Travelocity North America operations, trimmed staff levels and brought in new management in anticipation of going public.

Dennis Schaal, Skift | 11 years ago

Sabre Files For IPO, Reveals Years of Financial Losses

Online Travel

Sabre Lays Off More Than 200 Employees In Addition To Job Cuts at Travelocity

By bringing in former Continental chairman and CEO Larry Kellner as Sabre chairman, and installing Tom Klein as the new CEO, Sabre is signaling that it is readying a strategic move, possibly an IPO, in the near future. The Travelocity deal with Expedia, Travelocity divestments of zuji and Travelocity Business, and these layoffs may all be pieces of the puzzle.

Dennis Schaal, Skift | 11 years ago

Sabre Lays Off More Than 200 Employees In Addition To Job Cuts at Travelocity

Online Travel

Travelocity Fires More Employees As Prelude To Expedia Deal

The Travelocity-Expedia deal is widely seen as a way for Travelocity's parent, Sabre Holdings, to trim expenses before a possible IPO in 2014.

Dennis Schaal, Skift | 11 years ago

Hotels

Customers Don’t Care About Green Hotels, One Way or Another

The hotel operators worry whether going green means sacrificing their service standards at times, and this study show it surely won't hurt. And there are bigger benefits beyond bookings, including energy savings and tax credits from local municipalities, among others.

Rafat Ali, Skift | 11 years ago

Customers Don’t Care About Green Hotels, One Way or Another

Online Travel

Sabre Ousts Chairman and Brings in Former Continental CEO

Sabre is smart to bring in Kellner and to make a break with the Gilliland era in taking steps toward an IPO. But, private company or not, Sabre handled the transition very clumsily.

Dennis Schaal, Skift | 11 years ago