Sabre Corporation is an American technology company specializing in travel and tourism solutions. It was founded in 1960 as American Airlines' data processing subsidiary. Headquartered in Southlake, Texas, Sabre is a publicly traded company listed on the NASDAQ Stock Exchange under the ticker symbol SABR.

Sabre provides various products and services to the travel and tourism industry globally. Its main offerings include global distribution systems (GDS), airline and airport operations solutions, hospitality solutions, and travel network services. The company's GDS enables travel agents and companies to access real-time information on flights, accommodations, car rentals, and other travel-related services.

Operating on a global scale, Sabre has established several noteworthy subsidiaries, joint ventures, and partnerships. It owns Travelocity, an online travel agency, and Farelogix, a provider of airline technology solutions. Sabre also collaborates with airlines, hotels, car rental companies, and travel agencies worldwide to enhance its offerings.

Sabre holds a strong market position in the travel and tourism industry, being one of the leading GDS providers globally. It competes against other major players like Amadeus and Travelport. The company's global sales have consistently grown over the years, driven by its strong technology infrastructure and extensive customer base.

In terms of major events, in 2018, Sabre acquired Farelogix to expand its airline technology capabilities. This acquisition allowed Sabre to offer enhanced airline merchandising and retailing solutions. Additionally, Sabre has continually focused on innovative technologies, such as artificial intelligence and big data, to improve its products and services.

As of the latest updates, Sabre continues to innovate and adapt to the changing travel industry landscape. It has been investing in technology developments to provide personalized and seamless travel experiences. Sabre's focus remains on strengthening its partnerships and expanding its customer base globally.

In conclusion, Sabre Corporation is a leading technology company in the travel and tourism industry. With its comprehensive portfolio of solutions, global operations, and notable partnerships, Sabre is well-positioned to meet the needs of the evolving travel industry and maintain its position as a key player