Exhibit 12.1  SABRE HOLDINGS CORPORATION  COMPUTATION OF RATIO OF EARNINGS  TO FIXED CHARGES  (in thousands)

|                                   |                                                                                   | Three Months Ended
March 31, 2003     
|---------------------------------- | --------------------------------------------------------------------------------- | --------------------------------------
|Earnings:                          |                                                                                   |                                       
|                                   | Income before taxes                                                               |                                       
|                                   | Minority interests in consolidated subsidiaries                                   |                                       
|                                   | Loss from equity investees                                                        |                                       
|                                   |                                                                                   |                                       
|                                   | Income before income taxes, minority interests
    and loss from equity investees |                                       
|                                   | Add: Total fixed charges (per below)                                              |                                       
|                                   |                                                                                   | Distributed income of equity investees
|                                   |                                                                                   |                                       
|                                   |                                                                                   | Total earnings                        
|                                   |                                                                                   |                                       
|Fixed charges:                     |                                                                                   |                                       
|                                   | Interest expensed                                                                 |                                       
|                                   | Estimate of interest within rental expense (1)                                    |                                       
|                                   |                                                                                   |                                       
|                                   |                                                                                   | Total fixed charges                   
|                                   |                                                                                   |                                       
|Ratio of earnings to fixed charges |                                                                                   |                                       
|                                   |                                                                                   |                                       

---

---

QuickLinks