Travelocity Launches Net Rate Hotel Program in Europe, Offering More Options for Consumers and Suppliers

    SOUTHLAKE, Texas--(BUSINESS WIRE)--Oct. 14, 2004--

    Travelocity Partners with Hotels in Europe and North America to
               Extend Successful U.S. Program to Europe

In a move further extending the reach of its consumer-friendly pricing and supplier-friendly relationships, Travelocity today announces that its specially negotiated rates at more than 13,000 partner hotels throughout North America and Europe will now be offered through Travelocity Europe. Travelocity Europe includes leisure Web sites in the U.K., France, Germany, Denmark, Norway and Sweden.

The program is being introduced in the United Kingdom first and will extend to other European countries, significantly leveraging the Sabre Global Distribution System’s powerful connectivity capabilities and allowing travelers to see the most current displays of available rooms and rates at the hotel of their choice.

Travelocity displays the rates and availability of more than 60,000 hotels around the world, and more than 13,000 of these participate in the company’s net rate hotel program. In addition to this wide selection of net rate content already available, Travelocity’s European-based team is already working with a variety of European properties, including the world-famous Savoy in London, Hotel Bauza in Madrid, Andel’s in Prague, Hotel Aleph in Rome, Hotel Jazz in Barcelona, Hotel Cayre in Paris and a number of other European brands such as Le Meridien, Sol Melia, Boscolo and Jolly Hotels.

“By providing access to more than 13,000 net rate deals for European consumers, Travelocity once again sets the standard for advocating for customers through great pricing deals,” said Tedd Evers, director Europe Partner Marketing for Travelocity. “As we continue to add even more net rate content to Travelocity’s European Web sites through additional partnerships, consumers around the globe will be offered even greater choices.”

Already participating hotel companies include InterContinental Hotels Group, Marriott International, Best Western International, Carlson Hotels Worldwide, Choice Hotels International, Wyndham Hotels & Resorts, Starwood Hotels & Resorts Worldwide, Hyatt Hotels & Resorts and Cendant Corporation. Several thousand independent hotel properties are also included and Travelocity’s Evers said this figure is expected to grow rapidly as the initiative is rolled out across the continent.

“We are providing hotels with a real alternative to the inflexible block booking negotiation that is the current industry norm in Europe,” Evers said. “Hotels can now benefit from the unparalleled sales clout of an online agency with 44 million members around the world, while maintaining the flexibility to adjust rates and inventory as required.”

Some of the benefits of Travelocity’s supplier-friendly net rate hotel program — groundbreaking in Europe — include:

    --  With its powerful connectivity using the Sabre GDS,
        Travelocity uses technology that enables two-way communication
        between it and a hotel's internal reservations system.

    --  This technology allows Travelocity to obtain rate and
        availability information earlier in the booking process. This
        avoids the frustrating experience for customers of completing
        a hotel booking on the site, only then to be told that a room
        isn't available.

    --  It eliminates labor-intensive manual allocations and faxed
        reservations by integrating seamlessly with suppliers'
        established inventory and revenue management systems to save

    --  It gives hotels the choice of making rooms available via the
        Sabre GDS or Travelocity's Web-based extranet.

    --  Travelocity provides the option for hoteliers to manage rates
        by local point of sale, allowing properties to adjust rates
        based on local market conditions.

    --  Travelocity pays its net rate hotel suppliers by credit card,
        putting cash into the hands of hoteliers faster than its

    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 $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 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

             Judy Haveson, 212-808-6541
             Mary Kate Smither, 972-488-4790

    SOURCE: Travelocity