Travelocity Business Negotiates Additional Savings On Hotel Stays For Companies

Businesses Receive Special Discounts at 4,300+ Independent Hotels Worldwide

Through Relationship With Pegasus Solutions’ Utell Properties

SOUTHLAKE, Texas, Jan. 19 /PRNewswire/ — Providing businesses continued money- and time-saving opportunities, Travelocity Business(SM) finalized an agreement with worldwide hotel provider Pegasus Solutions and its Utell representation service to offer its customers access to discounted rates at more than 4,300 Utell member hotels around the globe, ranging from economy to deluxe accommodations. These hotel deals for properties represented by Utell offer additional savings on top of the already reduced corporate rates Travelocity Business negotiates with Pegasus and other hotel chains and properties for companies. These hotel deals further complement the supplier deals that companies may negotiate on their own.

Travelocity Business customers receive extra savings of up to 20 percent off regular published rates on Utell properties. These discounts represent one more way Travelocity Business helps its customers save on business travel. With these reduced hotel costs and additional deals created by Travelocity Business, companies can realize an average savings of more than $100 per trip or over 20 percent per trip, including airfare savings averaging 26 percent per ticket and service fee savings of up to 84 percent.

A full-service corporate travel solution, Travelocity Business provides more choices to travelers, while helping companies reduce travel costs. Travelocity Business offers companies flexible and efficient services different from traditional travel agencies through dedication to superior online capabilities and customer service agents available in 60 seconds guaranteed, 24/7, all for much lower service fees. It also delivers savings through flight deals and discounts, and discounts at hotel properties, including those represented by Utell.

“By working closely with hoteliers and other travel suppliers, Travelocity Business meets companies’ diverse and changing needs,” said Ellen Keszler, president of Travelocity Business. “Through our relationship with Pegasus and its Utell members, customers will have access to an enormous portfolio of independent properties, as well as significant discounts off of regular corporate rates that many companies don’t have the volume to obtain on their own.”

Because of its large property base, the Utell portfolio is a natural choice for Travelocity Business’ corporate negotiated rate program. With approximately 1,000 hotels throughout the Americas and more than 3,000 overseas, Utell member hotels offer Travelocity Business customers more hotel options than ever before for their travels. Utell member hotels are promoted by Pegasus Solutions, a leading global provider of hotel reservations-related services and technology.

“We worked with Travelocity on its leisure offering and learned very quickly that it is a supplier-friendly company in the truest sense of the word,” said Bob Boles, executive vice president of sales and marketing for Pegasus Solutions. “By reaching out to corporate travelers via Travelocity Business, we expect that relationship not only to continue, but also to grow and prosper.”

Through the Pegasus relationship, Travelocity Business customers will be offered special rates at hotels, such as:

     --  New York Helmsley - New York
     --  King George Hotel - San Francisco
     --  Sunset Marquis - Los Angeles/Hollywood
     --  Hotel Malmaison - London
     --  Governor's House Hotel - Washington, D.C.
     --  Sagamore Hotel - Miami
     --  Fullerton Hotel - Singapore
     --  Seneca Hotel - Chicago
     --  Magnolia Hotel - Houston
     --  Royal Pedregal - Mexico City
     --  Wedgewood Hotel - Vancouver

    About Travelocity Business

For small businesses to large multinational corporations, Travelocity Business(SM) is a full-service corporate travel solution 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. Companies can cut travel costs through flight deals, Web fares, hotel discounts and service fee savings — representing an average savings of more than $100 per trip or 20 percent overall per trip, including airfare savings averaging 26 percent per ticket and service fee savings of up to 84 percent.

Travelocity Business merges the expertise, service and travel choices of Travelocity(R) with the most proven online corporate travel technology, already used by more than half of the Fortune 200. For more information, companies can visit .

About Travelocity

Travelocity, a Sabre Holdings(TM) company, pioneered the online travel space and continues to be the most popular travel service on the Web, giving consumers access to hundreds of airlines, thousands of hotels and cruise, last-minute and vacations packages, and best-in-class car rental companies, all backed by 1,000 customer service representatives staffed to provide 24-hour assistance. With 41 million members, Travelocity is the sixth largest travel agency in the United States. It has been recognized worldwide for its leadership in the online travel space, and it operates or powers Web sites in five languages across four continents. Additional information about Travelocity can be found on the Web at .

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 .

About Pegasus Solutions, Inc.

Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS) is a leading global provider of hotel reservations-related services and technology. Founded in 1989, Pegasus’ customers include a majority of the world’s travel agencies and more than 50,000 hotel properties around the globe. Pegasus’ services include central reservation systems, electronic distribution services, commission processing and payment services, property management systems, and marketing representation services. The company’s representation services, including Utell, are used by nearly 7,000 member hotels in 140 countries, making Pegasus the hotel industry’s largest third-party marketing and reservations provider. Pegasus has 18 offices in 11 countries, including regional hubs in London, Scottsdale and Singapore. For more information, please visit .

     Judy Haveson (

     Mary Kate Smither (

     Michael Brophy (
SOURCE  Travelocity Business
    -0-                             01/19/2004
    /CONTACT:  Judy Haveson, +1-212-554-7425, or , or Mary
Kate Smither, +1-972-488-4790, or , both of VOLLMER,
for Travelocity Business; or Michael Brophy of Pegasus Solutions, Inc.,
+1-214-234-4400, or /
    /Web site:
    (PEGS TSG)

CO:  Travelocity Business; Travelocity; Pegasus Solutions, Inc.; Sabre
     Holdings Corporation
ST:  Texas

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