I came across this stock while reading about the tourism industry; it wasn't mentioned or anything but the tourism industry is big and I want a piece. This company creates the software and guts of the travel industry. When you search for flights and travel packages online, it is their software that does all the work behind the scenes for places like Airlines and tourism agents like Travelocity.
I am also looking into carbon capture. Batteries and renewable aren't gonna cut it.
@JonnyRingo84
Anyway, I got off topic. Back to tourism. It is called Sabre. It is the biggest company in that space and buying up a lot of competitors.
Sabre Corporation is a
travel technology company based in
Southlake, Texas.
[3][4][5][6] It is the largest
Global Distribution Systems provider for air bookings in North America.
[7] American Airlines founded the company in 1960, and it was
spun off in 2000.
[8]
In 2007, Texas Pacific Group and Silver Lake Partners acquired what was then
Sabre Holdings.
[9][10][11] Sabre began publicly trading on the
NASDAQ in 2014.
[5]
Sabre Hospitality Solutions, an IT solutions provider, is the company's largest growing division.
[11]
A
global distribution system (GDS) is a computerised network system owned or operated by a company that enables transactions between travel industry service providers, mainly airlines, hotels, car rental companies, and
travel agencies. The GDS mainly uses
real-time inventory (for e.g. number of hotel rooms available, number of flight seats available, or number of cars available) to service providers. Travel agencies traditionally relied on GDS for services, products and rates in order to provide travel-related services to the end consumers. Thus, a GDS can link services, rates and bookings consolidating products and services across all three travel sectors: i.e., airline reservations, hotel reservations, car rentals.
