G.D.S. / C.R.S.
|January 14, 2016|
Sabre Completes Acquisition Of The Trust Group; Transaction Expands Sabre's Hospitality Customer Base By 30%
|Sabre Corporation today announced that it has completed its acquisition of the Trust Group, including Trust International, InnLink and Nexus. With this acquisition, Sabre Hospitality Solutions expands the portfolio of hotels it serves by more than 30 percent, totaling approximately 32,000 worldwide.|
A leading global central reservation, revenue management and hotel marketing provider, the Trust Group serves independent and small-to-mid-size chain hotels and has a strong presence in Europe, Africa and Asia-Pacific.
"The success of Sabre and Trust is based on our ability to deliver mission-critical technology solutions to help our customers achieve their revenue, operational and guest experience goals," said Tom Klein, president and chief executive officer of Sabre. "Together, we will help transform the hospitality industry through a combined SaaS platform offering the scale, depth and breadth that hoteliers of all sizes need for the future."
The Trust Group's broad capabilities and unique solutions along with its strong customer base in EMEA and Asia Pacific will help accelerate Sabre's global growth in the hospitality sector and strengthen its position in these key markets.
Sabre Corporation is the leading technology provider to the global travel industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than $120 billion of estimated travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.