Sabre Hospitality Solutions COO Alex Alt in April will replace Felix Laboy as the business' president,

according to the company. Current president Laboy will depart the company "to pursue personal interests," according to Sabre. Alt, previously senior vice president of global development and strategy at Rosewood Hotels and Resorts, joined Sabre in April 2012. Sabre Hospitality Solutions, formed in 2009 when Sabre merged its SynXis reservations division with acquired hotel Internet marketing company E-Site Marketing, provides distribution, technology and marketing tools to hotels as well as hotel procurement services, including Sabre Hotel RFP, to travel buyers.