Sabre.com - The Sabre® system was an American Airlines investment, first installed on two IBM 7090 computers in 1960 to combine a passenger name record with a seat inventory. Widening its scope to encompass other airlines and offer a growing portfolio of technology products, Sabre expanded into Canada in 1983, and Europe in 1985.
In 1996 it launched Travelocity.com into the online travel arena, and 1998 saw the establishment of a joint venture with ABACUS to serve the Asia/Pacific travel market. Headquartered in Southlake, Texas, the company has approximately 7,000 employees in 45 countries. In 2001 the company reported revenues of $2.1 billion.
Sabre has four main business units: Travel Marketing and Distribution, Airline Solutions, Consulting and Emerging Businesses. Key facts include:
More than $75 billion in travel booked annually
Approximately 40% of all reservations made in the world are processed through the Sabre system
More than 400 million bookings made annually
50 million reservations housed in the system, approximately 1.25 million daily
Offers travel services from more than 440 airlines, more than 50,000 hotel properties, more than 50 car rental companies, railroads, tour operators, ferry companies, cruise lines, travel insurance agencies, events vendors, limousines and ground transportation.
Sabre owns Travelocity.com and GetThere.com , the world's leading provider of Web-based travel reservation systems for corporations and travel suppliers. It is an S&P 500 company, traded on the New York Stock Exchange (NYSE: TSG), and more information is available at www.sabre.com .