Limited Corporate Travel Growth Is Sabre’s Biggest Issue in North America
Photo Credit: Empty cabs lined up in New York City. Sabre's CEO called out the flat corporate travel market during the company's Q1 earnings call. Flickr / vonderauvisuals
Skift Take
Companies are spending less on travel. It remains to be seen if the downturn is just a blip on the radar or an indication of a coming downturn in the U.S. economy overall.
Sabre Corp. executives reported that corporate travel bookings were essentially flat in the first quarter of 2016, and there's no evidence yet of stronger growth to come this year.
"The corporate market has been generally flat," said Sabre CEO Thomas Klein, on the company's first quarter earnings call. "The
