Sabre expects “significant volume growth” in air distribution in 2025, according to CEO Kurt Ekert, speaking on a fourth quarter earnings call. He said the company had a 4% year-over-year rise in global bookings in the quarter.

Global bookings for the fourth quarter reached 81 million with a per-booking fee increase of 1% year over year to $6.17. Those results boosted Sabre’s fourth-quarter distribution revenue 5% year over year to $500 million; total revenue for the travel solutions group was up 4% to $645 million.

For the full year of 2024, Sabre’s global bookings totaled 363 million, up 2% from 2023, and its average booking fee was up 3% to $5.98. Distribution revenue for the full year increased 6% year over year to $2.2 billion.

Ekert said Sabre’s commercial team last year signed new business with global agencies totaling $30 million to $40 million in air distribution segments, which he said bodes well for 2025 performance.

“In 2025, we expect double-digit growth for air distribution bookings, hotel distribution bookings and hospitality solutions [central reservation system] transactions,” Ekert said. “We expect the majority of growth in air distribution bookings will come from a number of signed, but not yet fully implemented agreements, including the largest Korean [online travel agency] as well as World Travel, Inc.”

Sabre’s hospitality solutions business reported revenue of $81 million for the fourth quarter, up 8% year over year.

Total revenue for the fourth quarter increased 4% year over year to $714.7 million, and the company reported a net loss of $74.7 million for the quarter, an improvement from a $96.5 million loss in the fourth quarter of 2023. For the full year, Sabre’s net loss was $278.8 million, about half the net loss of $541.9 million in 2023.