Company: SABR
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001597033-25-000061
Chunk: 187

Company: Sabre Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 187
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 decrease in labor and professional services driven by the cost reduction plan we implemented in prior periods.

Hospitality Solutions—Technology costs increased $1 million, or 6%, for the three months ended March 31, 2025 compared to the same period in the prior year due to a $1 million increase in labor and professional services to support growth in the business.

Corporate—Technology costs decreased $2 million, or 30%, for the three months ended March 31, 2025 compared to the same period in the prior year due to a $2 million decrease in labor and professional services costs driven by the cost reduction plan we implemented in prior periods.

Depreciation and Amortization—Technology costs decreased $3 million, or 21%, for the three months ended March 31, 2025 compared to the same period in the prior year primarily due to the completion of amortization of certain capitalized internal use software.

Selling, General and Administrative Expenses 

 Three Months Ended March 31, 20252024Change (Amounts in thousands)  Travel Solutions$62,200 $60,514 $1,686 3 %Hospitality Solutions11,523 10,762 761 7 %Total segment selling, general and administrative expenses73,723 71,276 2,447 3 %Corporate 56,575 56,501 74 — %Depreciation and amortization12,984 13,640 $(656)(5)%Total selling, general and administrative expenses$143,282 $141,417 $1,865 1 %

Travel Solutions—Selling, general and administrative expenses increased $2 million, or 3%, for the three months ended March 31, 2025 compared to the same period in the prior year due to a $4 million increase in labor and professional services to support our growth initiatives and a $2 million increase in other ongoing business expenses, partially offset by a $5 million decrease in the provision for credit losses.

Hospitality Solutions—Selling, general and administrative expenses increased $1 million or 7%, for the three months ended March 31, 2025 compared to the same period in the prior year primarily due to a $2 million increase in the provision for credit losses, offset by a $1 million decrease in other ongoing business expenses.

Corporate—Selling, general and administrative expenses for the three months ended March 31