connect with us
Greece's latest tourism industry news by Greek Travel Pages

Worldspan and Sabre Global Distribution Systems Sold

Sabre Holdings was sold last month to two private equity firms in the U.S. for $4.45 billion. Although Sabre is considered the leading global distribution systems (GDS), analysts say the buyout centered more on the importance of the company's subsidiary units, Travelocity and...

Sabre Holdings Bought in Five Billion Dollar Deal

Sabre Holdings was bought out last month by two private equity groups, Silver Lake Partners and Texas Pacific Group (TPG) for $32.75 per share in cash.

Sabre Purchases Lastminute.com

Sabre Inc. reached an agreement last month to acquire lastminute.com for an estimated $1.1 billion. Sabre said the addition of lastminute.com, with its well-established consumer brands, is expected to provide Sabre's Travelocity unit with greater scale and the leading position in...