Press Releases

Travelocity Adds Homestead Studio Suites Hotels to Merchant Mix

PRNewswire-FirstCall
FORT WORTH, Texas
Oct 1, 2003

Travelocity's merchant hotel program, the fastest growing independent program in the industry, now features Atlanta-based Homestead Studio Suites Hotels, a leading owner and operator of moderately priced, extended stay hotels, giving consumers access to the company's inventory via the Travelocity(R) hotel and TotalTrip(SM) shopping engines.

Homestead Studio Suites Hotels currently operates 132 hotels in 32 states in suburban markets of major U.S. cities. More than 70 percent of these properties have been built since 1997.

"Travelocity's merchant hotel offering is innovative and supplier- friendly," said Tim Groves, Homestead Studio Suites executive vice president sales and marketing. "Extending the reach of our brand into this key third- party distribution channel is a smart move for Homestead. We look forward to growing our relationship with them."

Ross Mantione, Travelocity's vice president, partner marketing alliances said on the deal: "The extended stay segment of the marketplace continues to grow in influence and it's key for us to have a player like Homestead Studio Suites in our merchant hotel mix."

The roll out of Homestead Studio Suites Hotels merchant inventory on Travelocity has already begun and more properties are being added daily.

About Travelocity's Merchant Hotel Program

More than 7,500 hotels worldwide currently participate in Travelocity's merchant hotel program -- the fastest growing independent program in the industry. Popular chains include Best Western International, Carlson Hotels Worldwide, La Quinta Corporation, Choice Hotels International, Wyndham Hotels & Resorts, Starwood Hotels & Resorts Worldwide, Hyatt Hotels & Resorts, Cendant Corporation and InterContinental Hotels & Resorts (formerly Six Continents Hotels). Additionally, more than 1,500 well-known independently owned and operated hotels from across the world participate.

Travelocity was the first online distributor of its scope to gain access to rates and availability directly from suppliers' central reservation systems. Hoteliers benefit from Travelocity's seamless technical solution and have greater merchandising opportunities to more than 40 million Travelocity members and onward distribution partners through enhanced hotel descriptions and rate displays on the hotel path, as well as participation in packaging and cross-sell opportunities. Inventory and rates can be loaded via Sabre global distribution system, through the hotel's central reservation system or via the Travelocity extranet. Hotels can obtain more information by sending an e-mail to partner.marketing@travelocity.com .

About Travelocity

Travelocity, a Sabre Holdings(TM) company, pioneered the online travel space and continues to be the most popular travel service on the Web, giving consumers access to hundreds of airlines, thousands of hotels and cruise, last-minute and vacations packages, and best-in-class car rental companies, all backed by 1,000 customer service representatives staffed to provide 24-hour assistance. With 40 million members, Travelocity is the seventh largest travel agency in the United States. It has been recognized worldwide for its leadership in the online travel space, and it operates or powers Web sites in five languages across four continents. Additional information about Travelocity can be found on the Web at http://www.travelocity.com/ .

Sabre Holdings Corporation is a world leader in travel commerce, retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at http://www.sabre-holdings.com/ .

About Homestead Studio Suites Hotels

BRE/Homestead Village L.L.C., based in Atlanta, is an owner and operator of 132 extended-stay hotels in 32 states under the Homestead Studio Suites brand. Designed with an extended stay in mind, each studio suite features a fully equipped kitchen, work area with computer dataport and voicemail that can be personalized. Homestead provides a quality lodging experience at flexible, reasonable rates based on guests' length of stay. For more information, please visit www.HomesteadHotels.com .

   TRAVELOCITY CONTACT:
   Judy Haveson (judy@vollmerpr.com)
   212/554-7425

   Amy Fuhrer (amy@vollmerpr.com)
   972/488-4790

SOURCE: Travelocity

CONTACT: Judy Haveson, +1-212-554-7425, or judy@vollmerpr.com , or Amy
Fuhrer, +1-972-488-4790, or amy@vollmerpr.com , both for Travelocity