Sabre signals strong growth

Growth in GDS industry bookings and strong performance in Hospitality Solutions highlighted for Q4 and the full year of 2023

Feb 16, 2024

Sabre reported robust financial results for the fourth quarter and full year of 2023, with significant revenue growth and margin expansion. With a strong performance in its Hospitality Solutions segment and growth in GDS industry bookings, Sabre is optimistic about the future of air travel and its positioning in the evolving travel marketplace.

Key takeaways

  • The company reported significant revenue growth, margin expansion, and increases in adjusted EBITDA and operating cash flow for Q4 and the full year of 2023;
  • While corporate travel has not fully recovered - currently at about 75% of pre-COVID levels - Sabre is positive on the future recovery of corporate travel and the GDS industry as a whole;
  • Despite a slowdown in corporate travel in Q4, Sabre anticipates healthy growth in passenger traffic over the next five years.

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