The Venetian Resort Selects Travelocity as One of Its Premier Online Distribution Partners; Agreement with Renowned Las Vegas Resort Enhances Consumer Experience

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, 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

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 Travelocity is
owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in
travel commerce. More information about Sabre Holdings is available at

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
             Andrea Collins, 212-551-3528
             The Venetian Resort
             Ron Reese, 702-414-3607

    SOURCE: Travelocity