Study Shows Travelocity Leads Online Pricing Battle against Orbitz, Expedia

SOUTHLAKE, Texas–(BUSINESS WIRE)–Sept. 20, 2004–Travelers
looking to save time and money do not need to comparison shop for the
best airfare deals. According to a five-month airfare study comparing
nearly 140,000 airfares, Travelocity(R) beat or matched Expedia
pricing 89 percent of the time and Orbitz 87 percent of the time. In
addition, the study found that when Travelocity had the lowest fare,
it saved its customers an average of more than $30.

The study was conducted using FareChase’s MarketView software,
which offers the first real-time non-GDS pricing analysis for
assessing yield management and acquiring a snapshot of airfare
inventory. The study, which was originally devised as an internal
benchmarking exercise, analyzed 171 of the top 250 domestic travel
routes and compared Travelocity’s pricing with two major online travel
competitors, Expedia and Orbitz.

“We’ve always believed in offering the best deals available to our
customers,” said Tracey Weber, vice president, air and car for
Travelocity. “This study confirms our beliefs that Travelocity is the
only place travelers need to visit to purchase travel. These
significant savings allow travelers to more affordably enhance their
trip through the purchase of “travel extras” like ski lift tickets,
tickets to shows, tours and attractions, and ground transportation. Or
they can simply enjoy the savings, and the satisfaction of getting a
great deal.”

With Travelocity’s one-stop shop for airline tickets, consumers
have access to hundreds of airlines, thousands of fares, and
convenient products that make their travel shopping experience fast
and easy. Tools and features available to assist travelers when
searching for the best deals include:

    --  FareWatcher(SM): This free, personalized subscription service
        tracks the best round-trip airfares available on Travelocity
        for up to five city pairs by cost increment, or specified cost
        settings, and send consumers notification of airfare changes
        via e-mail.

    --  Dream Maps(R): This Travelocity tool finds the best places to
        travel based on a specific dollar amount and displays, via an
        interactive map, the airfares to cities or national parks
        across the United States.

    --  Alternate Airports: Travelocity automatically searches nearby
        airports within arrival or departure cities for lower airfares
        and displays options via an interactive window. Airfare
        savings and driving distance between the original and
        alternate airports also are included.

    --  Web Fares: Travelocity offers deeply discounted Web fares on
        more than ten carriers to destinations across the country and
        around the world.

For more information about the Travelocity study, the methodology
and the results, visit

About Travelocity

Travelocity’s industry-leading technology and straight-talking,
honest information help travelers take more rewarding and affordable
trips. With 44 million registered users and booking nearly $4 billion
of travel in 2003, Travelocity negotiates thousands of low-priced
deals with the world’s most reputable travel providers – top airlines,
hotels, car rental companies, cruise lines, and other destination
attractions and services. Additionally, Travelocity offers
deeply-discounted rates for weekend getaways and dynamic packages
through its Last Minute Deals and TotalTrip(SM) shopping engines, and
provides customer service support over the phone 24 hours a day. Based
in Southlake, Texas, Travelocity also operates Travelocity
Business(SM) for corporate customers, powers international travel Web
sites in eight languages, and has been recognized for its consumer
advocacy and global leadership in online travel. More information
about Travelocity is available at Travelocity is
owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in
travel commerce. More information about Sabre Holdings is available at

    CONTACT: Vollmer Public Relations
             Judy Haveson, 212-808-6541
             Chintan Talati, 972-488-4790

    SOURCE: Travelocity