Sabre Corp. said Wednesday that it expects better sequential revenue performance in the second quarter relative to the first quarter as the travel landscape improves. The company, which makes software for the travel industry, issued an outlook calling for $400 million to $420 million in second-quarter revenue, while the three analysts surveyed by FactSet were expecting $391 million on average. Sabre cited "higher travel volumes" in its Wednesday filing with the Securities and Exchange Commission
Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and Virgin Australia have reaffirmed their long-standing relationship with the renewal of their global distribution agreement.
Sabre's (SABR) partnership with GOPASS will help travel agents within its global distribution system see the biosecurity risk of each travel option stemming from the COVID-19 pandemic.