SOUTHLAKE, Texas–(BUSINESS WIRE)–Aug. 15, 2005–As part of its commitment to help companies get the most value out of their managed travel programs, Travelocity Business(SM) today announced it has created a consulting division and launched new online yield management technology.
The consulting division, led by 20-year travel industry veteran DeAnne Dale, will work closely with companies that want to optimize the performance of their supplier agreements and corporate travel policies. The group will take time to assess each company’s overall program goals and then will design customized air, hotel and car procurement initiatives that streamline those programs, aim to cut costs and enhance vendor relationships.
Travelocity Business is also offering new yield management functionality. The tool will help companies better understand how well they are meeting contract agreements with airlines on a daily basis, so they can adjust traveler options online and at the agent desktop to influence purchasing patterns and target pre-determined levels.
“The business travel industry is always changing, and corporations are challenged with trying to maintain the integrity of their managed travel programs to keep costs at minimum,” said DeAnne Dale, vice president of Consulting Services at Travelocity Business. “We’re offering these new resources to help our customers operate more strategically, and further optimize the savings potential of their travel programs.”
Services provided by the new consulting group include:
-- Airline, hotel and car rental procurement services - Assist
clients in supplier RFP development, negotiations, contract
execution, trending, benchmarking, point of sale integration
and preferencing.
-- Goal assessment - Ongoing monitoring of booking activity to
confirm that customers are meeting pre-negotiated agreements.
-- Savings and impact analysis - Data analysis to help
corporations be more responsive to changes within the industry
and shifting market share accordingly.
-- 'What if' analysis - Study of potential market variables to
ensure optimal program performance regardless of current
market conditions.
-- Program development - Assistance in implementation of programs
for hotel, car and credit card services.
-- Travel policy development and benchmarking - Creation and
regular evaluation of corporate travel policy.
About Travelocity Business
Travelocity Business is a full-service corporate travel agency that helps companies easily manage travel and reduce costs, while providing more choices to travelers. Travelocity Business combines the savings and convenience of online with the full service of dedicated agents available 24/7 who typically answer the phone in 20 seconds, and within 60 seconds guaranteed (see site for guarantee details). Companies also receive 24/7 traveler support at no extra charge, so they eliminate expensive after-hours service charges when a traveler needs help. Travelocity Business also cuts travel costs through flight deals, Web fares, hotel discounts and service fee savings — representing an average savings of more than $100 per trip, including airfare savings averaging 26 percent per ticket and service fee savings of up to 84 percent (see site for savings details).
Travelocity Business combines the expertise, service and travel choices of Travelocity(R) with corporate experience gained from serving more than half of the Fortune 200 companies. For more information, companies can visit www.travelocitybusiness.com.
Sabre Holdings Corporation (NYSE:TSG) is a world leader in travel commerce, retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at http://www.sabre-holdings.com.
CONTACT: Vollmer Public Relations
Mary Kate Smither, 972-488-4790
marykate@vollmerpr.com
or
Travelocity Business
Noel Bilodeau, 415-932-1292
noel.bilodeau@travelocity.com
SOURCE: Travelocity Business
