Sabre strengthens financial position, advances technology transformation and announces commercial wins; reports 2020 results
•Added liquidity, extended debt maturities and ended the year with a cash balance of $1.5 billion
•Advanced technology transformation and modernization with migration of 250+ applications to cloud, reduction in legacy technology infrastructure and strategic partnership with Google
•Attracted new content and functionality in the GDS, including agreements with Southwest Airlines and Lufthansa Group
•Signed new enterprise wins with Louvre Hotels Group and All-Inclusive by Marriott International
•Revenue totaled $314 million in the fourth quarter and $1.3 billion for the full…