Travel company Sabre says August bookings remained sharply below 2019 levels as pandemic continued to weigh

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Travel company Sabre Corp.
SABR,
-2.60%
said Friday global travel trends remained under pressure from the coronavirus pandemic in August, reflecting COVID-19 case counts, vaccination rates and regional travel restrictions. In a filing with the Securities and Exchange Commission, the company said its net air bookings were down about 65% in the month compared with August of 2019, before the outbreak. Passengers boarded were down about 38% versus August 2019 and gross hotel central reservations were down about 22%. The stock was not yet active premarket but is down about 7% in the year to date, while the S&P 500
SPX,
-0.03%
has gained 20.8%.

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