Sabre Hospitality Is For Sale … Again
Photo Credit: A king bedroom at the Hyatt Regency Irvine. Hyatt is deploying Sabre's Synxis central reservations system in many of its properties in 2024. Hyatt
Skift Take
If Sabre sells its hospitality unit this time around, it can use some of the proceeds to pay off debt, and then refocus on its core airline and travel agency business.
Sabre's hotel tech unit is up for sale two years after a similar effort failed to yield a deal, according to an industry source. Evercore is running the sales process, the source said.
Private equity firms are expected to be among the potential buyers.
Sabre declined to confirm or deny that a sales process was underway. “We do not comment on market rumors or speculation," a spok