Travelocity Teams with Hyatt Corporation to Strengthen Third Generation Net Rate Hotel Connectivity Platform; Hyatt Corporation Implements Travelocity’s New Industry Leading Platform; Further Advances Efficiency

SOUTHLAKE, Texas–(BUSINESS WIRE)–March 8, 2005–Through its groundbreaking, industry leading ‘third generation’ connectivity technology, Travelocity today announced that it has established a seamless two-way connection with Hyatt Corporation’s central reservation system (CRS).

Travelocity’s industry-leading net rate hotel program uses the latest advances in technology for its third generation solution, allowing for the most accurate, up-to-date booking information available.

With this new platform Hyatt Corporation now automatically “pushes” updated net rates and availability to Travelocity whenever there are modifications, thus eliminating the need for Travelocity to query or “cache” this information from Hyatt’s CRS. Hyatt brands using Travelocity’s third generation connectivity include Hyatt Regency, Grand Hyatt, Hyatt Resort and Park Hyatt.

Travelocity’s third generation connectivity solution also was implemented with Carlson Hotels Worldwide in September 2004.

“We are proud to continue blazing the trail of the next generation of seamless connectivity between online travel agencies and hotels with Hyatt Corporation — an original member of the Travelocity net rate hotel program,” said Josh Feuerstein, vice president of hotels for Travelocity. “Travelocity was the first major online travel site to offer hotels the choice of using our fully automated two-way CRS cache platform or of managing rates in the Travelocity extranet. We have now taken our CRS connectivity to the next level with our third generation solution, and we are looking forward to introducing the rest of our hotel suppliers to this newest development.”

Third generation connectivity offers the most up-to-the-minute information on reservations to every party involved. Consumers view the most current rates and room availability, while hotels receive immediate confirmation of a reservation as it is automatically filed into their CRS.

“It’s important that our customers receive the most accurate, up-to-date booking information available whenever and wherever they shop our properties,” said Joan Lowell vice president electronic distribution for Hyatt Corporation. “We know a favorable booking experience is the first step in a successful hotel stay, and Travelocity has a great team to help us accomplish this task easily and efficiently.”

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 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 Hyatt

There are 211 Hyatt hotels and resorts around the world, which are managed by two separate groups of companies. Subsidiaries of Hyatt International Corporation operate, manage or franchise 91 hotels and resorts in 39 countries, with an additional 28 hotels under development. Hyatt Corporation, a separate company, and its subsidiaries operate, manage, franchise or lease 120 hotels and resorts in the United States, Canada and the Caribbean. Reservations or information for any Hyatt hotel worldwide can be obtained by calling toll-free in the United States and Canada, 1-800-233-1234, your local Hyatt Hotel or Worldwide Sales Office, or your travel planner. Hyatt is accessible on the Internet at www.hyatt.com.


    CONTACT: Vollmer Public Relations
             Judy Haveson, 212-808-6541
             judy@vollmerpr.com
             or
             Andrea Collins, 212-551-3528
             andrea@vollmerpr.com

    SOURCE: Travelocity