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.
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SOURCE: Travelocity
