Inside Sabre's Hotel Software Unit Sale and Other Top Stories This Week
Skift Take
In Skift's top stories this week, travel technology company Sabre is putting its hospitality division on the market, independent hotels increase the use of TikTok in marketing, and Russian tourism executives target travelers from India.
Sabre Quietly Looks to Shed Hotel Software Unit: Surprise! Sabre has been shopping around its non-core unit that helps hoteliers handle reservations, sources said. A sale might be good for the hospitality business by giving it a home that could further support its growth.
TripActions Reportedly Files Paperwork to Go Public at $12 Billion Valuation: The corporate travel startup is picking an odd moment with financial markets generally in turmoil, but it's clearly banking on continued recovery in the sector.
