Buy tech sell-off, Wedbush’s Ives says: ’this is a 1996 moment, not 1999’
SOUTHLAKE, Texas - World Travel, Inc. (WTI) has expanded its strategic partnership with Sabre Corporation (NASDAQ:SABR) through a new multi-year agreement to utilize SabreMosaic Travel Marketplace, according to a press release statement issued Tuesday. Sabre, currently trading at $1.82, has seen its stock decline nearly 50% year-to-date, according to InvestingPro data.
The expanded partnership will provide WTI with consolidated access to traditional, NDC, and low-cost carrier content within a single environment. This follows WTI’s migration of the majority of its business to Sabre in 2024, with the remainder now being moved to the platform.
WTI, a top-10 U.S. travel management company serving global mid-market corporate clients, has reported year-over-year business growth exceeding 10%.
"As the travel industry continues to evolve, our commitment to staying at the forefront of technology and content is unwavering," said Liz Mandarino, CEO of World Travel, Inc.
The SabreMosaic platform introduces automation features that reduce manual tasks and supports agents with AI-driven recommendations. According to Todd Arthur, Senior Vice President at Sabre, this technology enables "higher productivity, lower operating costs and the ability to deliver a more consistent experience" to corporate clients.
The agreement extends collaboration across distribution, automation and retailing capabilities between the two companies. WTI, a 100% employee and woman-owned travel management company founded in 1983, specializes in serving global mid-market clients through its headquarters in Exton, Pennsylvania.
Sabre Corporation, headquartered in Southlake, Texas, provides software and technology solutions for the global travel industry, including retailing, distribution, and fulfillment services.
In other recent news, Sabre Corporation revealed its financial results for the second quarter of 2025, which showed a significant shortfall in both earnings per share (EPS) and revenue compared to forecasts. The company reported an EPS of -0.02, missing the anticipated 0.01, and posted revenue of $687 million, falling short of the expected $718.2 million. Despite these disappointing results, Bernstein SocGen Group upgraded Sabre’s stock rating from Market Perform to Outperform. The firm lowered its price target to $3.00 from $4.00 but challenged the market’s perception that Sabre’s Global Distribution System business is structurally flawed. Bernstein’s upgrade suggests that the stock is currently oversold. These developments highlight the contrasting views between Sabre’s financial performance and analysts’ perspectives.
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