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Sabre (SABR) to Acquire Nuvola, Boost Hospitality Portfolio

Zacks Equity Research
·4-min read

Sabre SABR recently announced that it has entered an agreement to acquire the Florida-based Nuvola — a single destination cloud-based platform providing service optimization software to the hospitality industry. However, the financial terms of the deal have been kept under wraps.

Through this buyout, Nuvola's hotel task management and operational capabilities will drive on-property efficiencies among the hoteliers. This, in turn, will enable hoteliers to broaden their offerings through Sabre's comprehensive retailing, merchandising and fulfillment capabilities.

Nuvola’s software solution, designed by hoteliers having a first-hand understanding of select-service, full-service, and resort-style property processes, will enhance staff and guest experiences through its in-house innovation team and integrations with third-party hotel systems.

Sabre Corporation Price and Consensus

Sabre Corporation Price and Consensus
Sabre Corporation Price and Consensus

Sabre Corporation price-consensus-chart | Sabre Corporation Quote

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The buyout will be a strategic fit for Sabre as Nuvola’s technology, and guest enablement software will complement Sabre's existing Hospitality Solutions segment. The tech company will improve its hospitality retailing and merchandising strategy and broaden its property and operations abilities through this move.

Founded in 2011, Nuvola is considered to be the most intuitive cloud-based guest service management software for the hospitality industry. It is a comprehensive hotel software company that integrates property standard operating procedures into its proprietary system, leading to more efficient back-of-house operations, asset management and guest engagement. The company equips hotels with an intuitive and scalable cloud-based solution that includes task management capabilities, guest messaging, concierge services, and advanced housekeeping management solutions, which develops a system of staff accountability.

The buyout is anticipated to enhance the Sabre Hospitality Solution segment’s retailing and operations portfolio while ensuring that the hotel customers get differentiated experiences and seamless guest care.

Sabre has its customer base spread over 160 nations with more than 425,000 agency partners globally. It is one of the largest marketplaces in the world that manages approximately $260 billion worth of global travel spending annually.

During the first quarter of 2022, the company's Hospitality Solutions segment revenues amounted to $56 million compared with $42.2 million in the year-ago quarter. This was primarily driven by a gradual recovery in central reservation system transactions and higher Digital Experience revenues.

Zacks Rank & Key Picks

Sabre currently carries a Zacks Rank #3 (Hold). Shares of SABR have declined 38.7% in the past year.

Some better-ranked stocks from the broader Computer and Technology sector are Avnet AVT, Axcelis Technologies ACLS and Analog Devices ADI. While Avnet and Axcelis sport a Zacks Rank #1 (Strong Buy), Analog Devices carry a Zacks Rank of 2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Avnet's fourth-quarter fiscal 2022 earnings has been revised 55 cents northward to $1.96 per share over the past 30 days. For 2022, earnings estimates have moved 20.5% north to $6.83 per share in the past 30 days.

Avnet's earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 21.2%. Shares of AVT have increased 9.5% in the past year.

The Zacks Consensus Estimate for Axcelis' second-quarter 2022 earnings has been revised 3 cents upward to 99 cents per share over the past seven days. For 2022, ACLS' earnings estimates have moved 11 cents north to $4.10 per share in the past seven days.

Axcelis' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 23.5%. Shares of ACLS have surged 41.6% in the past year.

The Zacks Consensus Estimate for Analog Devices' second-quarter fiscal 2022 earnings has been revised 4 cents upward to $2.12 per share over the past 60 days. For fiscal 2022, earnings estimates have moved 11 cents north to $8.43 per share in the past 60 days.

Analog Devices' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have risen 1% in the past year.


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Sabre Corporation (SABR) : Free Stock Analysis Report

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