Topic: How To Invest

Spinoffs & Takeovers Hotline – Friday, March 31, 2023

Article Excerpt

SABRE CORP., $4.29, symbol SABR on Nasdaq, provides technology to the global travel and tourism industry. Its software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage their critical operations. That includes passenger and guest reservations, flight schedules, networks and crew management. Headquartered in Southlake, Texas, the company operates offices in 160 countries around the world. On March 22, 2023, Sabre announced that it was partnering with Capillary Technologies, a cloud-based platform for loyalty management programs. Capillary’s technology incorporates artificial intelligence (AI) to interpret data, with the aim of letting hotel and airline customers gather real-time insights into customer preferences to improve the customer experience. For Sabre Hospitality customers, the Capillary hospitality platform will be integrated with Sabre Hospitality’s SynXis applications, including Central Reservations, Property Hub, Voice Agent, and Booking Engine. For airlines, Capillary’s loyalty management solution can be integrated with SabreSonic, Customer Insights, Payment, and Dynamic Rewards products. Sabre’s shares are now down almost 38% since…