This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Alex Alt Appointed President Of Sabre Hospitality Solutions

SOUTHLAKE, Texas, Feb. 18, 2013 /PRNewswire/ -- Sabre Hospitality Solutions today announced the appointment of Alex Alt to president and general manager, effective April. He replaces Felix Laboy, who has decided to leave to pursue personal interests. 

Alt joined Sabre in April 2012 as chief operating officer for Sabre Hospitality. In the past year he has worked with Laboy to grow the business globally, and expand the Sabre Hospitality team, adding experienced leaders in operations, call center and customer care roles. He also led the group's long-term strategy and launched several initiatives to enhance Sabre Hospitality's customer service model. 

"Sabre Hospitality has experienced exceptional growth in the past few years, and Felix has been instrumental in leading its evolution from a successful entrepreneurial business to a fully scaled IT solutions provider," said Tom Klein, president, Sabre Holdings. "It is now the fastest-growing business in our portfolio, and I'm confident that Alex's customer-first philosophy and industry experience will serve him well to lead the business."

Prior to joining Sabre, Alt was with Rosewood Hotels and Resorts, most recently as senior vice president of global development and strategy, where he played a key role in the global growth and expansion of the business. Before that, he was a senior engagement manager at McKinsey & Company. In the late 1990s Alt worked in Sabre's Finance department before going on to earn an MBA from Harvard Business School. He received his bachelor's degree in business administration from the University of Texas in Austin.

Sabre acquired hotel internet marketing company, E-Site Marketing, from Laboy and Robert Dawson in 2007. Together, they rapidly expanded the business and in 2009, it merged with Sabre's hotel reservations division, SynXis, to become Sabre Hospitality Solutions. Today Sabre Hospitality is the leading provider of hotel IT solutions used by more than 18,000 hotel properties worldwide. Dawson remains with the company as vice president, internet marketing & web development solutions.  

Sabre Hospitality Solutions provides technology to the global hospitality industry. It operates one of the industry's largest Software-as-a-Service businesses, with its reservations and property management system, marketing and distribution software, and Internet marketing and e-business solutions used by more than 18,000 hotel properties around the world. Each year, it generates more than $5.85 billion in revenue for its customers. 

Sabre Hospitality Solutions is part of Sabre Holdings, a global travel technology company serving the world's largest industry- travel and tourism.  For more information please visit:

Nancy St. Pierre(682) 605-3864

SOURCE Sabre Hospitality Solutions

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs