---
schema_version: "secwatch.filing_event.v1"
accession: "0001597033-25-000059"
form_type: "8-K"
ticker: "SABR"
cik: "0001597033"
company_name: "Sabre Corp"
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:09:51.655740+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sabre Q1 revenue $777M (-1% YoY); sells Hospitality Solutions for $1.1B, reaffirms FY outlook

## Summary
- Q1 revenue $777M (-1% YoY); net income $35M vs loss $71M; adjusted EBITDA $150M (+5%).
- Agreed to sell Hospitality Solutions to TPG for $1.1B cash; net proceeds ~$960M to repay debt; close expected by end of Q3 2025.
- Reaffirmed FY2025 outlook: double digit distribution bookings growth, high single digit revenue growth, pro forma FCF >$200M.
- Pro forma FY2025 adjusted EBITDA >$630M; net leverage target ~5.4x after transaction.
- Travel Solutions revenue $702M (-2%); Hospitality Solutions revenue $85M (+8%).

## SEC filing metadata
- accession: 0001597033-25-000059
- form_type: 8-K
- ticker: SABR
- cik: 0001597033
- company_name: Sabre Corp
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597033/000159703325000059/0001597033-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597033/000159703325000059/sabr-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597033-25-000059
- JSON: https://secwatch.observer/filing/0001597033-25-000059.json
- Plain text: https://secwatch.observer/filing/0001597033-25-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.