Sabre Extends Hotel Reservations Capabilities In $154 Million Acquisition of Trust International
Photo Credit: Sabre agreed to acquire Trust International, a deal that will enhance Sabre Hospitality's central reservations and revenue management capabilities. Trust International
Skift Take
Hospitality solutions is a significant yet still relatively small portion of Sabre's business but it will trend upwards in coming years with acquisitions such as the one for Trust International. The travel agent business is still where Sabre makes 70 percent of its dough.
Chalk up another hotel-tech acquisition for one of the large global distribution system companies, Sabre.
Sabre agreed to acquire the Trust Group of Companies, including Trust International, InnLink and Nexus, from Battery Ventures for $154 million using cash on hand and proceeds from notes that Sabre recently issued. The deal, which would add some $40 million in revenue in 2016 to Sabre's coffers, is expected to close in the first q
