Travelocity, Travelocity Business Named Certified Partners of Intercontinental Hotels Group

Travelocity’s Supplier-Friendly Approach Pays off for Travelocity
and Its Customers

SOUTHLAKE, Texas–(BUSINESS WIRE)–Aug. 16, 2004–

Travelocity announced today that it was notified by
InterContinental Hotels Group (IHG) that it has been certified as an
online third party intermediary for IHG’s more than 3,500 hotels
worldwide, including InterContinental Hotels and Resorts, Crowne
Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites and
Candlewood Suites.

“IHG hotels include some of the world’s most recognized and
respected brands, so we’re pleased to deepen our relationship with
IHG,” said Ross Mantione, vice president partner marketing for
Travelocity. “The benefits of this relationship, including getting the
best rates publicly available for our customers, will be particularly
helpful as we grow Travelocity Business and roll out our hotel program
to sites in Europe and Asia Pacific during the next several months.”

Travelocity can now offer the best room rates publicly available
at IHG’s hotels, plus it will have access to bundled rates for its
TotalTrip dynamic packaging product and distressed rates for its Last
Minute Deals product. Travelocity, which has always held that working
closely with suppliers and looking out for mutual customers is
essential to its business, was certified in recognition by IHG that
Travelocity meets its distribution standards. IHG has stated that its
hotels will only work with intermediaries that meet its standards for
consumer practices and hotel relations.

“We’ve long had a collaborative approach to working with hotels:
we keep our mutual customers in mind throughout the process, we
provide industry-leading two-way seamless connectivity that ensures
fewer customer service problems, we provide automated hotel payments
and we give hoteliers choices when it comes to inventory and rate
management,” said Josh Feuerstein, vice president, hotels for
Travelocity. “Two years ago, we took a major risk, believing that a
different business model, where we work together with suppliers to
benefit consumers was the model of the future. Clearly, hoteliers are
recognizing that our business model is superior, as our
supplier-friendly philosophy continues to pay off for Travelocity and
our customers. It made it easy for us to meet IHG’s standards.”

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 nearly $4 billion
of travel in 2003, 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 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 Travelocity Business

Travelocity Business is a full-service corporate travel agency
that helps companies easily manage travel and reduce costs, while
providing more choices to travelers. Travelocity Business combines the
savings and convenience of online with the full service of dedicated
agents available 24/7 who typically answer the phone in 20 seconds,
and within 60 seconds guaranteed. Companies can cut travel costs
through flight deals, Web fares, hotel discounts and service fee
savings — representing an average savings of more than $100 per trip,
including airfare savings averaging 26 percent per ticket and service
fee savings of up to 82 percent. Travelocity Business combines the
expertise, service and travel choices of Travelocity with corporate
experience gained from serving more than half of the Fortune 200. For
more information, companies can visit

Cautionary Notice

Statements in this report and in the exhibits hereto which are not
purely historical facts, including statements about the expected
benefits of this development, Travelocity’s merchant hotel business
model, 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 related
to increased competition from merchant model hotel offerings by
Travelocity’s competitors. 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

             Julia Weede, 914-793-8349
             Chintan Talati, 972-488-4790

    SOURCE: Travelocity