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Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (NASDAQ : SABRP) Stock

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**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.


Description


Sabre holds the number-two share of global distribution system air bookings (40.9% as of the end of 2020 versus 38.8% in 2019; 2021 booking share was not provided). The travel solutions segment represented 89% of total 2021 revenue, split between distribution (two thirds of segment sales) and airline IT solutions (one third) revenue. The company also has a growing hotel IT solutions division (11% of revenue). Transaction fees, which are mosty tied to volume and not price, account for the bulk of sales and profits.


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Last Trade Date Time:12/31/1969 07:00:00 pm

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**MWN-AI FAQ is based on asking OpenAI questions about Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock (NASDAQ: SABRP).

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