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