SOUTHLAKE, Texas–(BUSINESS WIRE)–June 27, 2005–The Venetian Resort in Las Vegas has selected Travelocity as one of its premier online distribution channels. Travelocity(R) is the largest online travel agency to be certified by The Venetian to comply with The Venetian’s standards for selling its inventory online. Both parties believe that these online standards will continue to contribute to The Venetian’s recent success. In the first quarter of 2005, The Venetian’s average daily rate was $243 at an occupancy of 97.8 percent. The enhanced agreement also designates Travelocity as the largest online travel service to offer The Venetian’s net rate hotel content, providing access to great suite rates, TotalTrip(SM) flight + hotel vacation packages and special promotions for Travelocity customers no longer available through other major online providers.
The new agreement, which gives The Venetian access to Travelocity’s enhanced seamless connectivity, also includes Sabre Holdings-owned SynXis, an advanced distribution and reservation management system and ShowTickets.com, a Travelocity division that provides on-property concierge services.
“We are proud to drive more consumers to The Venetian Resort through enhanced booking capabilities and outstanding entertainment services across our wide ranging portfolio of companies,” said Ross Mantione, vice president of partner marketing for Travelocity. “This translates into more choices, more flexibility, and cost savings for customers. We look forward to a long, mutually beneficial relationship with The Venetian.”
The Venetian will take advantage of Travelocity’s fully-automated, two-way CRS connectivity. This allows consumers booking a suite on Travelocity to view current suite rates and suite availability and for The Venetian to receive immediate delivery of reservations directly into their property management system. The deal also includes marketing and advertising for The Venetian on Travelocity’s site.
“Travelocity provides the perfect strategic fit for The Venetian Resort,” said Rom Hendler, vice president of strategic marketing for The Venetian. “Their team and companies provide the total package – industry expertise, leading technology, a supplier-friendly approach and quality customer service. We are excited about all of the new possibilities this new agreement will bring. Having Travelocity’s strategy mirror The Venetian’s standards for selling suite inventory online will contribute to the continued success of maximizing ADR and hotel occupancy while decreasing the cost of distribution.”
Now through August 31, 2005, Travelocity is offering special promotional offers to The Venetian through TotalTrip flight + hotel vacation packages with suite rates starting from $169 per night. For more information, see www.travelocity.com/venetian.
About Travelocity
Travelocity’s industry-leading technology and straight-talking, honest information help travelers take more rewarding and affordable trips. With millions of registered users and booking $4.9 billion of travel in 2004, Travelocity(R) 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 www.travelocity.com. Travelocity is owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in travel commerce. More information about Sabre Holdings is available at www.sabre-holdings.com.
About The Venetian Resort-Hotel-Casino
The Venetian Resort-Hotel-Casino, a recipient of AAA’s Four Diamond Award, is one of the world’s most luxurious resort and convention destinations. Re-creating Venice’s legendary landmarks, the resort offers unmatched service and quality for leisure and corporate guests. Located in the heart of the Las Vegas Strip, The Venetian features The Grand Canal Shoppes, an indoor streetscape complete with gondolas and singing gondoliers, the Canyon Ranch SpaClub, world-class gaming, exquisite restaurants, the Guggenheim-Hermitage Museum, as well as extensive convention and corporate services.
CONTACT: VOLLMER for Travelocity
Judy Haveson, 212-808-6541
judy@vollmerpr.com
or
Andrea Collins, 212-551-3528
andrea@vollmerpr.com
or
The Venetian Resort
Ron Reese, 702-414-3607
reeser@venetian.com
SOURCE: Travelocity
