SOUTHLAKE, Texas–(BUSINESS WIRE)–May 13, 2004–Travelocity was
awarded a Stevie(TM) Award for Best New Product or Service in The 2004
American Business Awards(SM). The award recognized Travelocity’s
TotalPrice(SM) for Cars product, which offers comprehensive pricing
information for rental car reservations after just one mouse click.
Hailed as “the business world’s own Oscars” by the New York Post
(September 22, 2002), The American Business Awards are the first
national, all-encompassing business awards program honoring great
performances in the workplace.
Through its TotalPrice for Cars product, Travelocity was the first
full-service online travel site to provide consumers complete and
accurate pricing when renting a car, by including taxes and fees
before the reservation is confirmed. This innovative product helped
alleviate frustration consumers have had for years when they saw
discrepancies between initial booking fees and the final costs for
renting a car from any travel provider. Consumers’ earlier
frustrations were warranted, as evidenced by a Travelocity study that
revealed the average car renter pays an additional 25 percent on top
of the daily rate when renting a car at a major U.S. airport.
“We’re extremely honored to have been recognized with the Stevie
Award for TotalPrice for Cars,” said Michelle Peluso, CEO of
Travelocity. “Introducing this new product continues our commitment to
offer our customers an upfront and honest approach when shopping and
buying travel online.”
Members of the Awards’ Board of Distinguished Judges & Advisors
and their staffs selected Stevie winners from among the finalists. The
Board includes business luminaries such as Rich Karlgaard, publisher
of Forbes; Bruce Nelson, chairman & CEO of Office Depot; marketing
gurus Don Peppers and Martha Rogers; author and business guru Tom
Peters; Anthony Robbins, Chairman & CEO of The Anthony Robbins
Companies; Drew Schutte, publisher of Wired Magazine; Jeffrey Tarr,
president of Hoover’s Inc.; and Donald Trump, chairman, president and
CEO of The Trump Organization. Finalists were selected by business
professionals nationwide during judging earlier this year.
Michael Gallagher, founder and president of The Stevie Awards
said: “With the Stevie Awards, business people now have the
opportunity to win the same sort of positive attention that up until
now only entertainment celebrities could get. We took a giant leap
forward in recognizing companies and the people who work for them for
their positive efforts, accomplishments, and contributions to their
communities.”
About Travelocity
Travelocity’s industry-leading technology and straight-talking,
honest information help travelers take more rewarding and more
affordable trips. With 41 million registered users and booking nearly
$4 billion of travel in 2003, Travelocity has the power to negotiate
thousands of great travel 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 special 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 for corporate customers, powers international
travel Web sites in seven 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 The Stevie Awards
Hailed as “the business world’s own Oscars” by the New York Post
(September 22, 2002), Stevie Awards are conferred in two programs: The
American Business Awards and The International Business Awards.
Honoring companies of all types and sizes and the people behind them,
the Stevies recognize outstanding leadership, innovation,
perseverance, creativity, teamwork, and integrity through more than 40
categories. The program is overseen by a Board of Distinguished Judges
& Advisors, which includes leading business executives, authors, and
academics. Sponsors of The 2004 American Business Awards include the
BusinessTalkRadio Network, Digipict, Hoover’s Online, Inc. Magazine,
Miller Heiman, the Professional Society for Sales & Marketing
Training, Selling Power Magazine, Speedera Networks, Ultimate
Software, Webcast in a Box, and Wired Magazine.
CONTACT: VOLLMER
Judy Haveson, 212/554-7425
judy@vollmerpr.com
or
Chintan Talati, 972/488-4790
chintan@vollmerpr.com
SOURCE: Travelocity