|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||193.61 - 195.16|
|52 Week Range||82.96 - 211.10|
|Beta (5Y Monthly)||2.30|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||6.50 (3.30%)|
|Ex-Dividend Date||Feb 11, 2021|
|1y Target Est||N/A|
Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, and JetBlue Airways, a major carrier in the U.S., today announced the airline's successful technology migration to Sabre's Revenue Optimizer solution.
Sabre (SABR) will support the recovery of the travel industry in the Middle East with its powerful technology via its extended partnership with Kanoo Travel.
Travel company Sabre Corp. said Monday it has seen some continued improvement in key volume metrics as the COVID-19 vaccine program gains pace. The company said air bookings, passengers boarded and hotel reservation system transactions for March showed sequential improvement from January and February. Metrics remain sharply lower compared with 2019, the year before the pandemic ground business to a halt. Gross air bookings were down about 70% and net air bookings were down about 68% in March compared with March of 2019, the company said in a regulatory filing. Passengers boarded were down about 54% in the period. "The strongest improvement remains in hotel bookings, with gross hotel central reservation system transactions down approximately 34% in March 2021 versus March 2019," said the filing. Shares were up 0.7% premarket and have gained 27% in the year to date, while the S&P 500 has gained 7%.