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

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 Travelocity is
owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in
travel commerce. More information about Sabre Holdings is available at

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

    CONTACT: Vollmer Public Relations
             Judy Haveson, 212-808-6541
             Andrea Collins, 212-551-3528

    SOURCE: Travelocity