Sabre Holdings is running a "stealth" prelaunch product campaign on Twitter called
Red Is Coming, which says nothing about what it is except a "new generation" for Sabre-connected agencies coming "this summer." The company has some ads out along these lines, as well. Red apparently will be revealed as part of Sabre's announcement, due next week, of a global "total travel agency solution." We also assume that if a rumor about Sabre partnering with TRX is true, that agency automation provider is involved. But Sabre didn't confirm that when we asked ...
TRX Inc. today began trading on the Nasdaq Capital Market after the Nasdaq Global Market delisted the company for failing to maintain required shareholders' equity of $10 million. Nasdaq also informed TRX last month that it no longer satisfied the requirement that it maintain a share price of at least $1--which applies to both the Capital and Global markets. As a result, TRX has until March 29 to achieve a $1 share price for a span of ten consecutive days to regain compliance with Nasdaq rules. The last time TRX shares did that was more than a year ago. TRX on Thursday announced that it raised by 10 percent its expectations for adjusted 2009 earnings before interest, taxes, depreciation and amortization, to $5.5 million.
The Institute of Travel Management named the winners of its second annual
Project Icarus environmental awards, recognizing those companies that exhibited leadership in developing sustainable travel programs.
