Debt Reduction and Balance Sheet Strengthening
Sabre has reduced total debt by more than $1 billion, approximately 20%, using cash from the balance sheet and proceeds from the sale of Hospitality Solutions, aiming to reduce year-end 2025 net leverage by approximately 50% versus year-end 2023.
Growth in AI-Powered Solutions
Sabre's AI-powered offer management suite of IQ products continues to gain traction, with 9 airlines utilizing SabreMosaic Offer Management products, including Avelo Airlines, the first low-cost carrier to adopt Ancillary IQ.
Digital Payments Expansion
Sabre's digital payments business saw Q2 gross spend of $5 billion, marking a 44% increase year-on-year.
Hotel Distribution Bookings Growth
Hotel distribution bookings grew by 2% in the quarter, with the attachment rate to air bookings improving by 100 basis points to 34%.