The ratings reflect Sabre Holdings Corp.'s solid position within its major business and relatively strong financial profile. Sabre is a major provider of electronic distribution and information technology services, primarily to the travel and transportation industries. It owns the leading computer reservations system (CRS), responsible for booking 40% of the world's travel agency airline reservations. In addition, Sabre owns 70% of Travelocity.com, the largest consumer on-line travel booking site, and 100% of GetThere, one of the largest corporate on-line booking sites. On-line travel has been one of the more successful areas in the Internet sector and this trend is expected to continue as consumers become more comfortable and familiar with on-line bookings. More recently, new competition has entered the business
