The company makes a new attempt to offload its hospitality software business, which powers over 40% of global hotels, amid ongoing efforts to reduce $4.5 billion debt
Apr 1, 2025
Sabre Corporation, a major player in travel technology, is considering the sale of its hospitality software division, SynXis, in a potential deal valued at over $1 billion. The move is aimed at easing the company’s substantial debt burden, which stood at approximately $4.5 billion at the end of 2023. Sabre has engaged investment bank Evercore to explore interest from potential buyers, including private equity firms and software competitors.
Key takeaways
- Potential sale value: Sabre is exploring the sale of its SynXis hospitality software unit in a deal that could exceed $1 billion.
- Strategic purpose: The potential sale would help Sabre reduce its significant debt load, which is around $4.5 billion.
- Financials: SynXis generates approximately $300 million in annual revenue.
- Buyer interest: Investment bank Evercore is assisting in identifying potential buyers, including private equity and software rivals.
- Market reaction: Sabre’s stock rose 3.4% in after-hours trading following news of the possible sale.
- Industry position: SynXis provides software to over 40% of global hotels, including high-profile brands like Four Seasons, Mandarin Oriental, and Hyatt.
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