Sabre Corporation is a leading technology provider to the global travel and tourism industry, based in Southlake, Texas, United States. The company was founded in 1960 as an airline reservations system, initially called American Airlines Sabre. It was a collaboration between American Airlines and IBM to develop a computerized system to handle reservation, inventory, and departure control operations.

Over the years, Sabre has evolved and expanded to become a comprehensive technology provider for the travel industry. Currently headquartered in Southlake, Texas, Sabre operates globally with a presence in more than 160 countries. The company serves airlines, hotels, travel agencies, and other travel intermediaries with a range of products and services.

Their main offerings include airline reservations systems, revenue management, travel agency solutions, airline distribution, and hospitality solutions. Sabre's advanced technology platforms enable travel companies to manage and optimize their operations, improve customer experience, and drive revenue growth. Sabre operates through various subsidiaries, joint ventures, and partnerships to enhance its offerings and expand its global reach.

One of its notable subsidiaries is Sabre Holdings, which operates the Travelocity and lastminute. com brands. Additionally, Sabre has joint ventures with other companies like Airline Solutions LLC, Primera Travel Group, and Hahn Air.

In terms of market position, Sabre is a major player in the global travel technology industry. It competes with other technology providers like Amadeus and Travelport. Sabre's global sales reach billions of dollars annually, and the company has maintained a strong market presence due to its innovative solutions and comprehensive product portfolio.

Over the years, Sabre has achieved several milestones and made strategic changes to fuel its growth. In 2018, the company announced a new strategy called the Transformation Plan that aimed to optimize operations, drive growth, and increase shareholder value. Sabre has also made acquisitions and investments to enhance its capabilities, including the acquisition of Farelogix, a provider of airline retailing solutions.

As of the latest available information, Sabre continues to innovate and adapt to the evolving travel industry. The company constantly releases updates and new features to its products and services, focusing on areas like artificial intelligence, personalization, and mobile solutions. Sabre's current status reflects its position as a leading technology provider in the global travel and tourism industry