Alex Irving's questions to Sabre Corp (SABR) leadership • Q2 2025
Question
Alex Irving asked for the basis of management's confidence that the current booking weakness is transitory and not structural. He also inquired about how much of the 9% underlying decline from the GDS market and Sabre's mix might be expected to reverse in 2026.
Answer
President & CEO Kurt Ekert stated that while no 2026 guidance is being offered, the weakness is considered transitory because it's driven by a temporary mix shift, with corporate and government travel being disproportionately down. He believes these sectors are fundamentally healthy and will recover, and that unfavorable geographic mix is not a permanent headwind. He emphasized strong visibility into new business wins driving future growth.