SOUTHLAKE, Texas–(BUSINESS WIRE)–July 26, 2005–Travelocity Partner Network(SM), Travelocity’s private label booking business, today announced that it is now the sole supplier of hotel content for Continental Airlines’ Web site, continental.com. The new status builds upon Travelocity’s current role as exclusive provider of last minute deals for the airline’s Web site.
The arrangement also builds upon Travelocity Partner Network’s rich technology platform and deep experience in distributing travel content and providing industry leading deals through online channels that include AARP, American Express, AOL, Yahoo! and other airlines.
“Continental Airlines provides a valuable distribution channel for our net-rate hotel program and we are very pleased to enhance our long-standing relationship with their team,” said Richard Harris, vice president of strategy and business development at Travelocity. “By utilizing Travelocity’s access to expansive hotel supplier content, we are able to provide Continental’s loyal customer base with one of the most comprehensive and affordable hotel offerings available in the market today.”
Hotel content provided through Travelocity to Continental Airlines will feature Travelocity’s complete hotel program offering, including guaranteed low-priced “Good Buy” rates and access to Travelocity’s net-rate hotel program.
“We have worked with Travelocity for several years and have always been satisfied and confident in the products that the Travelocity Partner Network provides our customers,” said John Slater, managing director distribution & e-commerce at Continental. “The Travelocity network has the ability to secure differentiated hotel rates that we feel will provide our customers on continental.com some of the best deals in the travel industry.”
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 access to 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 Continental Airlines
Continental Airlines is the world’s sixth-largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 148 domestic and 130 international destinations, more than any other carrier in the world. Nearly 400 additional points are served via SkyTeam alliance airlines, which include Aeromexico, Air France/KLM, Alitalia, CSA Czech Airlines, Delta Air Lines, Korean Air and Northwest Airlines. With 41,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 56 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.
For the second consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2005 list of Most Admired Global Companies. Continental was also included in the publication’s annual “Top 50” list, which ranks all companies, across a wide variety of industries, that appear in the Global Most Admired Companies issue. Continental again won major awards at the 2005 OAG Airline of the Year Awards including “Airline of the Year” and “Best Airline Based in North America” for the second consecutive year, and “Best Executive/Business Class” for the third consecutive year. For more company information, visit www.continental.com.
Statements in this disclosure which are not purely historical facts or which necessarily depend upon future events, including statements about the value of the described relationship with Continental Airlines, content to be offered on continental.com, or other anticipated benefits of the proposed relationship to Travelocity, Sabre Holdings Corporation or their customers, or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to Sabre Holdings Corporation on the date this report was submitted. Sabre Holdings Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties inherent in implementing and operating websites and other technology, and in managing relationships with important travel suppliers. Sabre Holdings Corporation may not succeed in addressing these and other risks. Further information regarding factors that could affect our financial and other results can be found in the risk factors section of Sabre Holdings Corporation’s most recent filing on Form 10-Q with the Securities and Exchange Commission.
CONTACT: Vollmer Public Relations (for Travelocity)
Sie Soheili, 972-488-4790
Email: sie@vollmerpr.com
or
Chintan Talati, 972-488-4790
Email: chintan@vollmerpr.com
SOURCE: Travelocity Partner Network
