Sabre completes Trust acquisition
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Sabre has completed the acquisition of the Trust Group for approximately US$154 million.
The deal will include all Trust’s hotel technology brands, including Trust International, InnLink and Nexus.
Trust provides central reservations, revenue management and hotel marketing solutions to the hospitality industry. In acquiring the company, Sabre expands the portfolio of hotels it serves by more than 30%.
“The success of Sabre and Trust is based on our ability to deliver mission-critical technology solutions to help our customers achieve their revenue, operational and guest experience goals,” said Tom Klein, president & CEO of Sabre.
“Together, we will help transform the hospitality industry through a combined SaaS platform offering the scale, depth and breadth that hoteliers of all sizes need for the future.”
Sabre purchased Trust Group from Battery Ventures, a global investment firm.
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