Sabre Corporation history, company profile (overview) and corporate video
Sabre Corporation is a global technology company headquartered in Southlake, Texas, United States.
HISTORY
It all began in 1953 when C.R. Smith, president of American Airlines, and R. Blair Smith, a senior sales representative for IBM, met on an American Airlines flight from Los Angeles to New York. Their conversation about the travel industry sparked the idea for a data processing system that could create and manage airline seat reservations and instantly make that data available electronically to any agent at any location.
American Airlines and IBM announced their plans to develop a Semi-Automated Business Research Environment, better known as Sabre. The revolutionary system was the first real-time business application, enabling American Airlines to replace the handwritten passenger reservations system of the 1950s with the automated reservations system for the future.
Six years later, Sabre was founded in 1960 by American Airlines.
In 2000, Sabre was spun off from American Airlines.
In 2007, the company was acquired by Texas Pacific Group and Silver Lake Partners.
In 2014, Sabre Corporation was listed on the NASDAQ Stock Market.
OPERATIONS
Sabre Corporation operates through two business sectors: Sabre Travel Solutions and Sabre Hospitality Solutions.
Products
- Customer Touchpoints;
- Data & Analytics;
- Departure Control;
- Developer Experience;
- Hospitality Solutions;
- Inventory Management;
- Network Planning & Optimization;
- Offer Optimization;
- Offer Sourcing;
- Order Management;
With more than 10,000 employees, Sabre Corporation is considered one of the Largest Public Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and www.sabre.com.
**Video published on YouTube by “Sabre Corporation“
