Important Points
- TPG completed its $1.1billion acquisition of Sabre Hospitality and rebranded it as Hospitality Solutions.
- Hotel operator MCR joined the board as a minority strategic investor. Tyler Morse is the vice chairman.
- Teresa Mackintosh – former CEO of Trintech – is now the CEO of Hospitality Solutions. Scott Wilson has been replaced.
The following is a summary of the information that you will find on this page.
TPG completed its $1.1 billion acquisition of Sabre Hospitality. The company will now be rebranded as Hospitality Solutions, and hotel operator MCR will become a strategic investor. Tyler Morse is the CEO of MCR and will become vice chairman of Trintech’s board. Teresa Mackintosh takes over as CEO. Sabre will be able to focus on its core airline business and travel agency, while Hospitality Solutions is positioned for growth in the broader digital hospitality transformation.
